According to news from CoinWorld, on January 7, official news stated that Hyperliquid, emerging from an obscure perp dex project, has risen to become one of the largest decentralized finance hubs in the world by 2024, with daily trading volumes reaching billions of dollars, thanks to its strong community ecosystem and innovative technology. The team has not brought in external funding but has instead returned all trading fees to the community, fully demonstrating the spirit of decentralization. This year's technological releases include the HIP-1 and HIP-2 native token standards, HyperBFT consensus mechanism, testnet EVM, and the HYPE genesis event, among others. In addition, several innovative applications such as HyperrFun and HypurrScan have become very popular. Hyperliquid has also integrated with multiple cross-chain bridges, trading analysis tools, and terminal platforms, further consolidating its ecological foundation. Key data growth from 2023 to date: - 24H ATH trading volume increased from $1B to $15B (a 15-fold increase) - Open contract amount increased from $178M to $4.3B (a 24-fold increase) - TVL increased from $56M to $2.1B (a 37-fold increase) - User count increased from 31K to 300K (a 9-fold increase) Community-driven projects like HyprrCo and HyperActive have greatly propelled the platform's development. Hyperliquid is also looking ahead to 2025, aiming to further realize the vision of 'decentralization accommodating all finance.'