Hyperliquid Contract Monthly Trading Volume Hits \$238 Billion, Reaching a New All-Time High and Accounting for 10.54% of Binance's Volume During the Same Period

BlockBeats News, June 7th, Hyperliquid's perpetual contract monthly trading volume hit a record high, with a total volume of over $2.48 trillion in May, a 51.5% increase compared to the previous month.

In contrast, Hyperliquid's perpetual contract volume in May 2024 was only $263 billion, a year-on-year increase of 843%.

Furthermore, the ratio of Hyperliquid's monthly contract trading volume to Binance, a centralized exchange, reached a historic high of 10.54%, exceeding the previous high of 9.76% in April.