Hyperliquid Claims 70% of Decentralized Perps Volume | Rising Revenue Correlates with Token Price
Edited By
Tomohiro Tanaka
A surge in popularity for Hyperliquid's decentralized perpetual contracts has sparked discussions among people in the crypto community. The platform reportedly accounts for 70% of the total volume in this sector, raising questions about its sustainability and future growth amid increasing protocol revenues and token prices.
The Growing Trend
Hyperliquid sees notable activity lately, with many observing a direct relationship between its revenue and the price trajectory of its native token.
"Hyperliquid Saison 2 airdrop + X posts making it viral with leverage trading"
As this platform becomes more widely recognized, many hypothesize that its easy access without KYC (Know Your Customer) regulations could further boost its standing in the market. Some people are betting on it reaching $Hype to $100.
Insights from the Community
Comments from forums reveal strong support for Hyperliquid among many users:
Positive Sentiment: Supporters express enthusiasm over current developments with hopes pinned on future gains.
Cautionary Notes: Others remind the community about the Pay2Post fee, which is deducted from distributions, serving as a reminder of expenses.
Educational Push: There's an active effort to educate people about how features like Donuts and tips work, which could aid in user retention.
Voices in the Crowd
Community members share their thoughts:
"This is good right? 🍩!"
"Learn more about the Pay2Post fee," mentions a user, reflecting on app features.
What's Next for Hyperliquid?
With the crypto sector's volatile nature, will Hyperliquid maintain its lead? As its revenue ties to user activity, many are eagerly monitoring market changes.
Key Highlights
△ 70% share of decentralized perps volume reported by Hyperliquid
▽ Revenue growth aligns with rising token prices
※ "Hyperliquid appears to be a game changer" - Community comment
As 2025 progresses, the crypto landscape remains unpredictable but offers ample opportunities for platforms like Hyperliquid to thrive.
Potential Outcomes on the Horizon
There’s a strong chance that Hyperliquid may continue to dominate the decentralized perpetual contracts market, especially given its current share of 70%. Experts estimate around a 60% likelihood that its user-friendly model and association with rising token prices will attract even more people. If its current growth trend holds, analysts predict that revenue could double by mid-year, pushing the token price closer to the ambitious $100 mark. However, the overall volatility of the crypto market presents risks; should external factors, such as regulatory changes or market corrections, occur, Hyperliquid might not perform as expected.
Lessons from the Past: Learning from the Launch of NFTs
A less obvious but striking parallel can be drawn from the early days of non-fungible tokens (NFTs) in 2021. Much like Hyperliquid, platforms dealing with NFTs quickly captured attention, with huge volumes and rapid price increases. Many early adopters instantly predicted massive gains, akin to betting on Hyperliquid’s success. However, as market enthusiasm swelled, so did skepticism regarding sustainability. Overvaluations led to a hard market correction—a fate Hyperliquid could avoid by fostering community engagement and transparency. In both cases, the foundational principles of connection and understanding have proven crucial in sustaining long-term growth.