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Hyperliquid's trading volume reached a record high in July, with a market share exceeding 75%.
[Chain News] On August 5, it was reported that Hyperliquid set a historical record for monthly trading volume in July, reaching nearly $320 billion, an increase of about 47% compared to June's $216 billion, and about 28% higher than the previous record of $248 billion set in May. Throughout July, Hyperliquid also maintained over 75% market share in the perpetual futures DEX sector. Additionally, the Hyperliquid/some exchange ratio, which measures the trading volume of Hyperliquid against a certain exchange's perpetual futures, reached a new high of 11.89% in July. For reference, the perpetual futures trading volume of a certain exchange in July was approximately $25.9 trillion, an increase of about 35%. On the other hand, the perpetual futures decentralized exchange Drift on the Solana blockchain saw a month-on-month trading volume increase of 336% in July, exceeding $14.8 billion.