Data: July Hyperliquid Sets All-Time High Monthly Trading Volume

On August 5th, as per the report in The Block, Hyperliquid achieved an all-time high monthly trading volume in July, nearing $320 billion. The data showed an approximately 47% increase compared to June's $216 billion and a roughly 28% rise compared to the previous monthly high of $248 billion set in May. In July, Hyperliquid continuously maintained a market share of over 75% in the decentralized exchange (DEX) perpetual contract field, presenting extremely stable performance. Moreover, the Hyperliquid/Binance ratio, which measures Hyperliquid's perpetual contract trading volume as a percentage of Binance's perpetual contract trading volume, reached a new high in July, reaching 11.89%. For reference, Binance's perpetual contract trading volume in July was approximately $2.59 trillion, showing an increase of about 35% compared to the previous month.