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DeFi platform Hyperliquid's trading volume reached $1.28 trillion in the first half of 2026, placing it among the top five crypto derivatives platforms.
CoinDesk reported that Hyperliquid, a decentralized finance (DeFi) platform known for its perpetual futures trading and on-chain order book, boasts a performance of 200,000 orders per second. The platform generated approximately $1 billion in revenue in 2025, with cumulative trading volume reaching around $5.3 trillion as of August 2026. Its Bitcoin order book depth even surpasses that of large centralized exchanges like Binance.
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