Hyperliquid's total revenue in 2025 is approximately $843 million, with over 600,000 new users.

PANews, December 26 – According to ASXN's 2025 annual review data, Hyperliquid's total trading volume in 2025 reached $2.95 trillion, with an average daily trading volume of approximately $8.34 billion. The number of transactions reached 19.89 billion, and about 609,700 new users were added. The platform's total annual revenue was about $843 million, with total expenses of about $908 million. Perpetual contract revenue reached $808 million, while spot revenue was approximately $35.25 million. The net inflow for the year was $3.87 billion, spot trading volume reached $116.8 billion, and HIP-3 trading volume was $11.01 billion.