The decentralized derivatives trading platform Hyperliquid performed impressively in 2024, with daily trading volume soaring from $1 billion to $15 billion throughout the year. Open interest and TVL also grew to $4.3 billion and $2.1 billion, respectively. The number of users increased from 31,000 to 300,000, demonstrating strong user growth momentum📈.

The platform launched several technical updates, such as the native token standards HIP-1 and HIP-2, as well as the HyperBFT consensus mechanism, further enhancing the platform's technical capabilities. The ecosystem is also rapidly expanding, integrating multiple cross-chain bridges and analytical tools🔧.

It is noteworthy that Hyperliquid achieved this growth without external financing and returned trading fees to the community. Looking ahead to 2025, the platform plans to continue building a fair, permissionless financial ecosystem to attract more developers and users to join🌐.