Hyperliquid Captures 69% of Perpetual DEX Daily Activity
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 12 2026- Significant User Growth: Hyperliquid now commands 69% of daily active users in the decentralized perpetual trading space, reflecting its dominant position in the DeFi derivatives market and indicating a growing demand among traders for leveraged trading without centralized intermediaries.
- Enhanced User Experience: By simplifying complex derivatives trading flows and reducing friction, Hyperliquid appeals to both novice and experienced traders, thereby expanding its user base and enhancing the platform's attractiveness.
- Fee and Liquidity Advantages: Hyperliquid's low fee structure combined with deep liquidity pools effectively reduces slippage and execution costs, making it particularly appealing to high-frequency and high-volume traders, which further solidifies its market position.
- Innovations in Protocol Design: The introduction of features that improve capital efficiency and risk management encourages users to remain active and engaged, driving continuous growth for the platform and expanding the ecosystem.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
