Neither Synthetix nor UMA: Hyperliquid became the new giant of perpetual crypto derivatives

Hyperliquid is positioned as a leader in cryptocurrency perpetual contracts, surpassing centralized platforms thanks to its unmatched speed, security, and liquidity. With record volume and a blockchain capable of processing up to 100.000 transactions per second, this DEX is redefining crypto derivatives trading in 2025.

Hyperliquid has established itself as the undisputed new giant in the perpetual crypto derivatives market, displacing traditional and emerging platforms thanks to its innovative technology and decentralized approach. 

This Layer 1 DEX has revolutionized perpetual futures trading with its proprietary infrastructure that combines speed, security, and liquidity—attributes that have captured the attention of traders and investors globally. Its blockchain, specifically designed to support high-frequency trading, processes up to 100.000 transactions per second, offering performance that far exceeds that of many existing centralized and decentralized platforms.

In this context, Hyperliquid not only offers Bitcoin perpetual contracts, but also provides a smooth and efficient trading experience, positioning itself as a leader in a rapidly growing sector that demands constant technological innovation.

Hyperliquid: A New Era in Decentralized Trading

Hyperliquid is not just another decentralized exchange. Bloomberg analysts they stressed Rather, it's a platform built to optimize the trading of cryptocurrency perpetual contracts. Unlike other DEXs that operate on generic blockchains, Hyperliquid has developed its own Layer 1 infrastructure, called HyperEVM, which allows for executing trades with minimal latency and massive processing capacity. This technical feature is critical to supporting the volume and speed required by the crypto derivatives market, where speed of execution can mean the difference between profits and losses.

Furthermore, Hyperliquid offers a user experience that combines the best of centralized and decentralized finance, allowing traders to maintain full control of their funds without sacrificing efficiency or market depth. Its on-chain order book ensures transparency and reduces slippage, while its perpetual contracts allow traders to speculate on the price of assets like Bitcoin without needing to physically own them. 

In essence, this combination of proprietary technology and decentralized approach has been key for Hyperliquid to accumulate a trading volume exceeding $1,4 trillion, consolidating its position as the platform with the highest volume of perpetual contracts within the DeFi ecosystem.

The competitive advantages offered by Hyperliquid

Hyperliquid's value proposition lies in its ability to offer the advantages of centralized trading, such as speed and liquidity, without the risks inherent in third-party custody. By operating on its own blockchain, Hyperliquid eliminates intermediaries, resulting in lower costs and greater security for its users. 

Decentralization also mitigates risks associated with censorship or operational failures of centralized servers, critical aspects in markets as volatile as the cryptocurrency market.

Another notable advantage is the complete transparency of operations, as all transactions and orders are recorded on Hyperliquid's public blockchain. This ensures a fairer and more reliable trading environment, where users can verify the status and execution of their orders in real time. Additionally, the platform offers advanced features and tools that expand the possibilities for users. 

In terms of liquidity, Hyperliquid dominates approximately 64% of the perpetual contract market, with daily volume exceeding $7.000 billion and weekly volume around $52.000 billion.These figures reflect not only the community's trust, but also the robustness of the ecosystem it has built, where capital flow and commercial activity are growing steadily.

Hyperliquid's rapid rise in the crypto ecosystem

Since its launch, Hyperliquid has experienced exponential growth in volume and users, driven by its proprietary technology and community approach. In 2025, the platform surpassed $1,4 trillion in cumulative perpetual contract volume, a milestone that positions it as the undisputed leader in this segment. This growth is reflected in a 1000% increase in volume during the first months of the year, with monthly records exceeding $100.000 billion in trading.

Part of this success is attributed to Hyperliquid's ability to offer a trading experience without gas fees or intermediaries, thanks to its optimized blockchain and a community-first governance model. The native token HYPE plays a central role in this ecosystem, with a current market capitalization of nearly $9.000 billion, and incentivizes active user participation through revenue redistribution and rewards.

Furthermore, the platform has managed to attract large investors and professional traders seeking a secure, fast, and transparent environment for trading perpetual contracts. Its robust and scalable infrastructure, combined with an intuitive interface and advanced tools, has consolidated a niche previously dominated by centralized platforms. 

In this way, Hyperliquid has managed to balance speed, liquidity, and security, creating a robust ecosystem that meets the demands of an increasingly competitive and sophisticated perpetual derivatives market.

Investing in cryptoassets is not fully regulated, may not be suitable for retail investors due to high volatility and there is a risk of losing all invested amounts.