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Hyperliquid registered much trading measurement than Robinhood for the 3rd consecutive month, with July marking the largest spread betwixt platforms astatine 39.1%.
DefiLlama data shows the decentralized derivatives speech traded $330.8 cardinal successful combined spot and perpetual measurement during July, portion Robinhood processed $237.8 cardinal crossed each products.
Robinhood’s July measurement was made up of $209.1 cardinal from equities, $195.8 cardinal from options, and $28.7 cardinal from crypto, based connected its Aug. 13 attestation.
Hyperliquid’s $93 cardinal vantage represents its strongest monthly show against the retail trading level since opening its winning streak.
Data shared by Jon Ma from Artemis shows Hyperliquid traded $256 cardinal successful May compared to Robinhood’s $192 billion, followed by June volumes of $231 cardinal versus $193 billion, respectively.
Further, Hyperliquid approaches $2 trillion successful year-to-date cumulative measurement from spot and perpetuals arsenic of Aug. 25.
The protocol has been rising since June, erstwhile it registered $226.4 billion, past jumped to the $330.8 cardinal seen successful July. As of Aug. 25, Hyperliquid has already surpassed $349 cardinal successful monthly trading measurement with spot and perpetual combined.
Maximum efficiency
The accordant outperformance positions Hyperliquid among ascendant forces successful crypto derivatives trading contempt minimal staffing requirements.
CEO Jeff Yan confirmed that the speech operates with conscionable 11 halfway contributors, generating annualized gross of $1.167 cardinal based connected DefiLlama estimates arsenic of Aug. 20.
The level achieved $106 cardinal successful gross per employee connected Aug. 20, surpassing exertion giants and erstwhile grounds holder Tether Limited astatine $93 cardinal per employee.
Data gathered by Hyperliquid France places OnlyFans 3rd astatine $37.6 million, portion established tech companies way considerably with Nvidia astatine $3.6 million, Apple astatine $2.4 million, and Meta astatine $2.2 cardinal per employee.
The trading measurement dominance occurs amid organization adoption of crypto derivatives products, with Hyperliquid capturing marketplace stock from centralized exchanges and accepted trading platforms.
Hyperliquid’s accordant measurement enactment implicit Robinhood demonstrates the competitiveness of decentralized concern protocols against established fiscal exertion companies.
This quality is peculiarly existent successful crypto-native trading products, wherever accepted platforms look regulatory and operational constraints limiting their marketplace reach.
The station Hyperliquid surpasses Robinhood successful monthly trading measurement for the 3rd consecutive month appeared archetypal connected CryptoSlate.
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