Hyperliquid tops $319B July volume, a Record for any DeFi Perp DEX

Hyperliquid tops $319B July volume, a Record for any DeFi Perp DEX

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The trading volume increased on the height of decentralized drainage to the highest new monthly level ever in July, which represents a record for decentralized financing (Defi) in permanent future exchanges with more traders arriving for them.

The liquid height reached $ 319 billion in the trading volume during the month of July, which represents a new record monthly in all permanent future exchanges, According to To Defillalama data.

HyperLiIID record is a sign of more merchants using Decentralization exchangesAnd that began to cut the market share of the CPC exchange (CEXS).

Source: Devillama

Hyperleiid got 35 % Among all Blockchain revenues during the month of July, it acquired a great value at the Solana, Ethereum, and BNB account, Vanck researchers He said In a monthly encoding summary report.

He said in the report in the report: “Hyperiquid managed to capture a lot of Solana momentum, and Solana Marketing is likely to be a very simple functional product,” he said in the report.

Hyperleiid got more than a third of Blockchain revenues in July. source: You are

The teacher comes though The liquid height suffers The interruption that the merchants had been marginalized for 37 minutes on July 29. The derivative platform has affected users with a total of $ 2 million, and received community praise for a quick response.

Crypto Perpetual Future enables merchants to predict the prices of encrypted currency without expiration dates.

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PERPS Defi is approximately $ 500 billion in record size amid the growth of Hyperleliid

The rapid growth of Hyperleiid has pushed the mass trading volume of permanent exchanges of Defi to the highest new monthly level of $ 487 billion in July, which represents an increase of 34 % of $ 364 billion in June, Davlamama Data Show.

DEFI PERPS, group monthly trading volume, graph at all. Source: Devillama

Edgex was the second largest platform with a monthly trading volume of $ 21 billion, followed by Myx Finance with more than $ 9 billion of size for the month of July.

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As the seventh largest derivatives in the world through daily size, Hyperlequid includes more than 604,400 users, an altitude of 488,000 registered two months ago, on June 6, Sand dunes Data appears.

Source: sand dunes

HyperLeiid gained popularity in April 2024 after the launch of immediate trading with an aggressive list strategy and an easy -to -use user interface.

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