Hyperliquid has surpassed $1.6 trillion in volume, cementing its lead in the DeFi space Its on-chain execution engine offers CEX-level speed, outperforming key competitors Nasdaq-listed firms are now backing Hyperliquid, signaling growing institutional trust Hyperliquid has emerged as a category-defining force posting performance metrics that rival top centralized exchanges and challenge the rest of the DeFi market to keep pace. With over $1.6 trillion in cumulative trading volume, a record-breaking $248 billion in monthly trades for May 2025, and a native HYPE token that has soared more than 1,000% in the past year, Hyperliquid is setting a new standard for on-chain performance. You’ve likely heard of Hyperliquid. With 38.8% of $HYPE tokens still in the treasury for community rewards, a second airdrop seems likely (not confirmed). HyperEVM is one of the most hyped chains this summer. Learn 10-step guide to qualify https://t.co/CrQepyIpGk — CryptoRank.io (@CryptoRank_io) June 25, 2025 What Is Hyperliquid’s “Secret Sauce”? The February 2025 rollout of HyperEVM , an EVM-compatible execution layer, transformed Hyperliquid from a pure trading venue into… The post Can Any DeFi Platform Catch Up to Hyperliquid’s $1.6T Surge? appeared first on Coin Edition .