Odaily Odaily reports that Hyperliquid released its 2025 year-end summary, stating that it provided all protocol fees to the community without securing external funding. Key product and technology releases over the past year included: the launch of HyperEVM, Unit bridging spot assets, a completely permissionless validator set, native staking offering fee discounts for traders and permissionless HyperCore deployment capabilities for developers, permissionless spot quoted assets, Hypurr NFT, Native Markets initiating and launching USDH governance, HIP-3 permissionless perpetual contract deployment, native USDC integration, the launch of the pre-alpha version of portfolio margin, and the official burning of the HYPE aid fund.
Compared to 2024, protocol data reached record highs: 24-hour trading volume reached $32 billion (previously $15 billion); open interest reached $16 billion (previously $4 billion); total value locked (TVL) reached $6 billion (previously $2 billion); 24-hour protocol revenue reached $20 million (previously $3.5 million); and the number of users reached 1.4 million (previously 300,000).
