Hyperliquid users trading via developer code hit weekly record 37% average

Peak participation reached 39.79%, while the number of traders using developer code ranged between 50,000 and 90,000, HyperliquidNews said in an X post.

HYPE

Summary

Hyperliquid users executing trades through developer code accounted for a record share of platform activity on a weekly basis, with the average now at 37% and the peak at 39.79%. The number of traders using developer code ranged from 50,000 to 90,000, and most of them came from outside the CT community, according to HyperliquidNews on X. The figures suggest a growing use of programmatic trading tools on the platform, a sign that automated or code-based execution is becoming more common beyond crypto-native social media circles.

Terms & Concepts
  • developer code: Code used to automate trading actions
  • programmatic trading: Using software to place trades automatically
  • CT community: Crypto Twitter community on X