Hyperliquid’s 24-hour perpetual trading volume reaches $1.4 billion

Hyperliquid hit $1.4B in 24-hour perp volume, showing strong DEX trading demand. See why its CEX-like speed and liquidity keep drawing perpetual futures traders.

Hyperliquid recorded about $1.4 billion in perpetual trading volume over a 24hour period on September 21, according to the article. The figure places the platform among the leading decentralized derivatives venues by trading activity. The article says Hyperliquid has gained traction by offering a trading experience that resembles a centralized exchange while operating on decentralized infrastructure. That setup is aimed at traders who want deep liquidity, tighter spreads, and faster execution in perpetual futures markets. The report also notes that the number is only a oneday snapshot and can change with market volatility, funding rates, and trader positioning. It cautions against linking the volume figure to separate claims about HyperEVM deployments unless those claims are independently verified.