Hyperliquid Wins Best DEX at Crypto Impact Awards 2025
- Hyperliquid wins Best DEX 2025 by CoinGape.
- Hyperliquid’s high trading volume highlighted.
- Marked impact on crypto market dynamics.
Hyperliquid has been awarded the Best DEX at the 2025 CoinGape Crypto Impact Awards, highlighting its dominance in the Crypto Futures & Derivatives category.
This accolade elevates Hyperliquid’s status, potentially increasing user confidence and impacting the perpetual futures market landscape.
Hyperliquid, an industry leader in the decentralized exchange sector, triumphed at the Crypto Impact Awards 2025, being named the winner of Best DEX in the Crypto Futures & Derivatives category, as reported by CoinGape. This distinction sets Hyperliquid apart from other recognized projects in the industry for its performance.
Founded by Jeff Yan following FTX’s collapse, Hyperliquid’s team is celebrated for innovative on-chain perpetual contracts. The company boasts leading liquidity metrics, with notable advancements over competitors in Bitcoin perpetual trading spreads and volume.
The award reinforces Hyperliquid’s reputation in the decentralized exchange sector. With $2.73 trillion in trading volume in 2025, their high-leverage contracts and liquidity innovations show significant market engagement.
Hyperliquid claims global liquidity leadership, attributed to its HIP-3 protocol improvements. The requirement of HYPE token staking for enhanced market security is key to their strategy, reflecting broad financial implications for users and the industry.
Hyperliquid’s innovative approach has positioned it as a leader in the crypto derivatives space, achieving exceptional trading volumes and liquidity. – Jeff Yan, Founder, Hyperliquid
Hyperliquid’s model emphasizes self-custody and incentives that have redirected significant volume from centralized exchanges. Their strategy mirrors past DeFi evolutions, intensified by the current trading volumes in the decentralized domain.
Forecasted outcomes may include further advances in perpetual markets and tech development. With ongoing competitive pressures, particularly from entities like Aster, Hyperliquid’s market dominance is highlighted by its digital infrastructure’s resilience and strategic upgrades.
