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

Foresight News reports that, according to data forwarded by Hyperliquid from the crypto asset research firm ASXN’s 2025 annual review, 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 order execution count of 198.9 billion. The platform’s total revenue in 2025 was about $843 million, with total expenses of approximately $908 million. Among these, revenue from perpetual contracts was $808 million, and spot trading revenue was about $35.25 million. Additionally, in 2025, Hyperliquid’s net inflow of funds reached $38.7 billion, spot trading volume hit $116.8 billion, and HIP-3 trading volume was $11.01 billion. In the Ticker auction, the highest bidding token was GOD, with an amount of approximately $975,000, and the total auction burn was about 5.276 million USDC. The platform gained 609,662 new users in 2025.