Main to remember
The hyperliquid chain now controls 31% of the total blockchain revenues. DEX has also exceeded the robination in the total trading volume; Will growth be extending its domination?
Hyperliquid (hype) has experienced remarkable domination in network income since May 2025.
In particular, Hyperliquid carried out $ 87.7 million in revenues in July, while Solana (Sol) arrived second with $ 87.0 million, according to blockworks data.
In the past thirty days only, Hyperliquid has collected 104 millioms (31.6%) while Solana attracted $ 77.5 million or 23.5% of total turnover.
Source: Blockworks
Hyperliquid Dex growth prospects
But hyperliquid could that growth could go higher. Ryan Watkins, co-founder of Crypto VC Syncracy Capital, projected Hyperliquid could order 50% of blockchain revenues by the end of 2025.
He cited the growing paper market and the next hip-3 markets that would expand the use of prediction actions hyperliquids.
“Think that it is possible that $ hype captures 50% of all blockchain revenues by the end of 2025. Rampling of cash markets and expansion of TAM via hip-3 markets (American actions, pre-Ipoying startups, prediction markets, etc.) probably brings us.”
In fact, most of the current activity was motivated by the DEX hyperliquid which works on the hyperliquid L1.
The combined DEX trading volume and the volume of perps hit $ 330 billion in July.
In comparison, Robinhood did 237 billion dollars, which suggests that the hyperliquid has exceeded the retail application of more than $ 90 billion. It was the third consecutive month to outperform Robinhood on trading volumes.
Hyperliquid Dex has obtained a significant market share against most Bitcoin (BTC),, Ethereum (ETH)And GROUND.
Source: Blockworks
Overall, beating could be the main beneficiary of growth and an analyst concluded Whether the token was cheap or most L1 were overvalued.
In fact, Arthur Hayes projected that Altcoin could explode 126x.
In terms of the market, the open interest of Hype (OI) has reached a record summit of $ 2.3 billion, at the time of the press, involving massive demand on the long -term market.
Source: Coringlass
The unleashed demand has seen media threshing label a new summit of $ 51.07 after a 10% rally in the last 24 hours.
Until now, the price action has forced an ascending triangle motif, an upward training which could push it higher if it is validated.
Source: Hype / USDT, tradingView
Meanwhile, around 9.9 million threshing tokens unblocked In November and could have an impact on the market in the fourth quarter.
Without a doubt, the growth and domination of the hyperliquid have stimulated media threshing. It remains to be seen how he will react to the unlocking of November and other bullish catalysts.
