Hyperliquid's weekly net outflows exceed $430 million… AUM decline continues

Minseung Kang

Summary

Reported that large net outflows occurred at Hyperliquid, with weekly net outflows exceeding $430 million.
As a result, Hyperliquid's assets under management (AUM) reportedly declined from a $6 billion peak in mid-September to around $4 billion currently.
The market said that intensified competition in the decentralized derivatives market and the emergence of new platforms have slowed Hyperliquid's market share and inflows.

Large-scale capital outflows have occurred at the decentralized derivatives exchange Hyperliquid, and the decline in assets under management (AUM) continues.

On the 19th, crypto-focused media UBlockchain reported, "Weekly net outflows at Hyperliquid exceeded $430 million this week." This is the third-largest weekly net outflow since Hyperliquid's launch.

As outflows continued, Hyperliquid's AUM also showed a declining trend. Hyperliquid's assets under management peaked at over $6 billion in mid-September and then turned downward, and are now down to about $4 billion.

The market cites intensified competition within the decentralized derivatives market as a major reason for the funds' movement. Analysts say that amid the emergence of new platforms and changes in trading conditions, Hyperliquid's market share and inflows are slowing.

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