Trade
Basic
Futures
Futures
Hundreds of contracts settled in USDT or BTC
Options
HOT
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
NEW
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
NEW
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
NEW
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
More
A whale sells 255 BTC on Hyperliquid and profits $9.9 million with a 62% win rate.
Just Now
US Solana spot ETF has no net inflow, maintaining a stable state
9m ago
Trending Topics
View More13.28K Popularity
36.71K Popularity
8.93K Popularity
7.54K Popularity
31.69K Popularity
Hot Gate Fun
View More- MC:$0.1Holders:10.00%
- MC:$3.52KHolders:10.00%
- MC:$3.66KHolders:20.88%
- MC:$3.58KHolders:20.09%
- MC:$3.87KHolders:21.57%
Pin
CryptoRank: Perpetual Contract Market Trading Volume to Grow Over 3 Times by 2025, Lighter and Aster Leading
According to CryptoRank data, the perpetual contract market experienced a dramatic change in 2025, with trading volume increasing by over 3 times, soaring from $251 billion in January to $836 billion in December, and reaching a record high of $1.8 trillion in October.
The market, which was previously dominated almost entirely by Hyperliquid, has shifted to a highly competitive landscape. Driven mainly by memecoin liquidity rotation, December data shows that Lighter led with $198.4 billion in trading volume, followed closely by Aster ( with $177.3 billion ) and Hyperliquid ( with $172.4 billion ), with all three nearing similar trading volumes.
Notably, Jupiter, which was among the top players in January with $32 billion, along with dYdX with $8.9 billion, and GMX with $8.4 billion, have now exited the main competitive ranks.