- Hyperliquid's 24-hour trading volume has surpassed $22 billion, setting a new all-time high.
- The surge in trading volume is attributed to the listing of meme coins Official Trump and Melania.
- Hyperliquid offers perpetual futures with up to 3x leverage.
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The 24-hour trading volume of the decentralized exchange (DEX) Hyperliquid (HYPE) has reached an all-time high. It surpassed the previous record of $21 billion set just a day earlier.
On the 20th (local time), Hyperliquid announced via its official X account that "the 24-hour trading volume of Hyperliquid has exceeded $22 billion," adding that "this is an all-time high." They also mentioned that "the open interest (OI) is $4.7 billion, and the protocol revenue is $9.5 million."
The surge in Hyperliquid's trading volume is attributed to the listing of meme coins Official Trump (TRUMP) and Melania (MELANIA).
Previously, Hyperliquid had listed perpetual futures for these two coins, supporting up to 3x leverage.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBitPiCK News
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