Hyperliquid Perps Volume Hits Record 8B in May Amid James Wynn Frenzy

Hyperliquid Perps Volume Hits Record $248B in May Amid James Wynn Frenzy

Key Takeaways: Hyperliquid hit a record $248 billion in May perps volume, up 51.5% month-on-month. Hyperliquid’s market share climbed to 10.54% of Binance’s perps volume. Trader James Wynn lost $100 million after a high-leverage Hyperliquid bet collapsed during a sudden Bitcoin downturn. Onchain perpetual futures platform Hyperliquid notched a record-breaking $248 billion in monthly trading […]

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