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Data: July Hyperliquid Sets All-Time High Monthly Trading Volume
BlockBeats News, August 5th, according to The Block report, Hyperliquid set an all-time high monthly trading volume in July, approaching $320 billion. The data increased by approximately 47% compared to June's $216 billion, and by approximately 28% compared to the previous monthly high of $248 billion set in May.
In July, Hyperliquid continued to maintain over 75% market share in the decentralized exchange (DEX) perpetual contract field, demonstrating extremely stable performance.
Furthermore, the Hyperliquid/Binance ratio used to measure Hyperliquid's perpetual contract trading volume as a percentage of Binance's perpetual contract trading volume reached a new high in July, hitting 11.89%. For comparison, Binance's perpetual contract trading volume in July was approximately $2.59 trillion, an increase of about 35% compared to the previous month.
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