On-chain perpetual contract trading volume declines, but Hyperliquid still holds a significant market share


Since reaching a peak of $1.36 trillion in on-chain perpetual contract trading volume in October 2025, the market has been declining for five consecutive months, with March 2026 trading volume dropping to $699 billion. Notably, on April 4th, the single-day trading volume was only $8.4 billion, hitting a new low since July 2025.
Despite the overall market downturn, Hyperliquid's trading volume over the past 30 days reached $185.5 billion, accounting for approximately 34% of the total trading volume of the top ten platforms.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin