Hyperliquid's total trading volume reached $2.95 trillion in 2025, with total revenue of approximately $843 million.

According to Foresight News , citing data from ASXN's 2025 year-end review, which Hyperliquid shared, Hyperliquid's total trading volume in 2025 reached $2.95 trillion, with an average daily trading volume of approximately $8.34 billion and a total of 198.9 billion orders executed. The platform's total revenue in 2025 was approximately $843 million, and total fees were approximately $908 million. Perpetual contract revenue reached $808 million, and spot trading revenue was approximately $35.25 million. Furthermore, Hyperliquid saw a net inflow of $3.87 billion in 2025, with spot trading volume reaching $116.8 billion and HIP-3 trading volume reaching $11.01 billion. In the Ticker auction, the highest bid was for GOD, amounting to approximately $975,000, and approximately 5.276 million USDC were burned in the auction. The platform added 609,662 new users in 2025.