Hyperliquid's Total Transaction Volume in 2025 Reaches $2.95 Trillion, Total Revenue Approximately $843 Million

According to Foresight News, citing Hyperliquid's repost of crypto asset researcher ASXN's 2025 annual review data, Hyperliquid's total transaction volume in 2025 reached $2.95 trillion, with an average daily transaction volume of approximately $8.34 billion and a total of 19.89 billion orders executed. The platform's total revenue in 2025 was approximately $843 million, with total expenses around $908 million. Among this, perpetual contract revenue reached $808 million, while spot trading revenue was approximately $35.25 million. Additionally, Hyperliquid's net inflow of funds in 2025 amounted to $3.87 billion, spot trading volume reached $116.8 billion, and HIP-3 trading volume totaled $11.01 billion. In terms of Ticker auctions, the highest auctioned token was GOD, with an amount of approximately $975,000, and a total of 5.276 million USDC was burned through auctions. The platform added 609,662 new users in 2025.