Hyperliquid Reaches Record $6.2 Billion AUM as HYPE Token Gains 5%

• Hyperliquid hit record $6.2 billion AUM with $395 million daily inflows and Galaxy Digital’s $100 million deposit.

• Platform now holds 70% of Arbitrum’s USDC liquidity and ranks third globally among derivatives exchanges.

• HYPE token rose 5% amid native USDC integration and surging DeFi futures trading volumes.

Hyperliquid has achieved a new milestone with assets under management (AUM) hitting $6.2 billion, driven by substantial institutional inflows and growing market confidence. The decentralized derivatives exchange recorded this breakthrough on August 13, marking a significant expansion in its market presence.

The surge was primarily fueled by a single-day net inflow of $395 million, consisting of $304 million in USDC deposits and $47.6 million in Ethereum. Galaxy Digital contributed the largest individual deposit in platform history, moving $100 million USDC into Hyperliquid. This institutional backing demonstrates growing confidence in the platform’s capabilities.

Source: Dune

The achievement coincides with HYPE token price appreciation of approximately 5%, reflecting positive market sentiment surrounding the platform’s growth trajectory.

USDC Integration Drives Platform Growth

Circle’s recent announcement of native USDC support through its Cross-Chain Transfer Protocol (CCTP v2) has significantly boosted Hyperliquid’s appeal. This integration enables direct USDC transfers between blockchains, streamlining the user experience without requiring wrapped tokens.

Hyperliquid now commands 70% of USDC liquidity on Arbitrum, with holdings increasing from $4 billion in early July to $5.5 billion by August. The platform’s USDC total value locked reached an all-time high of $5.23 billion following Galaxy Digital’s deposit.

USDC inflows dominated July’s growth metrics, contributing $1.2 billion in net deposits. This momentum helped Hyperliquid add $1.5 billion to its total AUM within a month, demonstrating sustained institutional interest.

Market Position Strengthens Among Derivatives Exchanges

Hyperliquid’s market share among derivatives exchanges climbed to 22.8% in August, securing third place globally. The platform’s decentralized, order-book model appeals to traders seeking greater asset control compared to centralized alternatives.

The exchange’s expansion has contributed to record-breaking DeFi perpetual futures volumes. July witnessed $465 billion in total DeFi perpetual trades, representing a 27% increase according to DefiLlama data.

Last month, open interest reached $10.6 billion, indicating heightened trader engagement and deeper market liquidity. Analysts suggest this trend may reduce circulating HYPE token supply, potentially supporting continued price momentum.