Hyperliquid announced that over the past year, the platform has achieved new historical highs in several metrics without external funding and with all protocol fees fully returned to the community: 24-hour trading volume reaching a peak of $32 billion in 2025 (compared to $15 billion in 2024), open interest of $16 billion (previously $4 billion), TVL of $6 billion (previously $2 billion), 24-hour protocol revenue of $20 million (previously $3.5 million), and user count increasing to 1.4 million; during this period, features such as HyperEVM, native USDC integration, HIP-3 permissionless perpetual contracts deployment, and pre-release of portfolio margining were also launched.

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