PANews reported on August 5th that according to The Block, Hyperliquid achieved an all-time monthly trading volume record of nearly $320 billion in July, a 47% increase from $216 billion in June and a 28% increase from the previous monthly record of $248 billion set in May. Throughout July, Hyperliquid maintained over 75% market share in the perpetual futures DEX space. Furthermore, the Hyperliquid/Binance ratio, which measures the proportion of Hyperliquid's perpetual futures trading volume to Binance's, also reached a new high of 11.89% in July. For reference, Binance's perpetual futures trading volume in July was approximately $2.59 trillion, a 35% increase from the previous month. Meanwhile, Drift, the perpetual futures decentralized exchange on the Solana blockchain, saw its trading volume surge 336% month-over-month to over $14.8 billion in July.