Hyperliquid 2025 Recap: Over 1.4M Users, $6B TVL According to Hyperliquid's official announcement, 2025 saw explosive growth in its ecosystem, with key milestones including the launch of HyperEVM, activation of validator mechanisms, native USDC integration, and the release of HIP-3. The highest single-day trading volume reached $32B, open interest hit $16B, TVL climbed to $6B, and daily protocol revenue peaked at $20M. The user base surpassed 1.4M, all marking significant growth compared to 2024. The team emphasized that the platform operates without external funding, with all protocol fees belonging to the community, aiming to build a fair and permissionless crypto financial system.