<ul><li>Hyperliquid saw a significant increase in monthly trading volume, reaching $248 billion in May, a 51.5% rise from the previous month.</li><li>Year-over-year growth for Hyperliquid hit 843%, with its native token HYPE trading at $34.78 and experiencing a 1.77% gain over the last 24 hours.</li><li>The market cap for HYPE rose to $11.61 billion, with circulating supply at 333.92 million tokens, and trading volume surged by 59.4% to $159.21 million.</li><li>Hyperliquid's on-chain futures platform set a new record for perpetual volume, reaching $248 billion in May, driven by the 'James Wynn frenzy' and other market dynamics.</li></ul>

Hyperliquid Hits $248B Monthly Volume as HYPE Trades Near $35

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