Hyperliquid.

Few projects have captured institutional attention quite like Hyperliquid. What started as a decentralized perpetual futures exchange has evolved into something far more ambitious. Over the past two years, Hyperliquid has evolved into what may become one of crypto’s most compelling financial infrastructures

41% Open Interest Share

Hyperliquid emerged in 2025 as the dominant force in the decentralized perpetual market, achieving remarkable growth figures in both revenue and user base. Furthermore, Hyperliquid holds a 41 percent open interest market share of the total decentralized perpetual market and a volume share of over 30 percent of the entire perpetual DEX market.

HyperEVM Layer 1 Blockchain

Unlike many other new Layer 1 projects that rely heavily on extensive incentive programs and the attraction of new applications, the HyperEVM benefits from direct access to the users and liquidity of the Hyperliquid DEX.

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