One Company Accounts for 8% of Futures Trading Volume on Hyperliquid: Who Is This Actor?

While Jump Trading’s cumulative trading volume on Hyperliquid approaches $150 billion, the company accounted for 7.8% of the platform’s perpetual futures trading volume.

From its initial deposit into Hyperliquid on December 12, 2025, through September 8, 2026, Jump Trading reached a trading volume of $148.2 billion across one main account and 16 sub-accounts. This data is based on an analysis by Hyperdash co-founder Hanson Birringer.

This volume corresponds to 7.8% of the total perpetual futures trading volume on Hyperliquid. Jump Trading’s share in the xyz market stands at 18.9%.

Jump Trading’s Trading Scale on Hyperliquid

While the company’s accounts hold a total of $63.6 million in equity, the nominal value of open positions is at the $145 million level. These two figures separately indicate the current value of the accounts and the total size of the positions held.

To date, Jump Trading has paid approximately $7 million in trading fees to Hyperliquid. Additionally, the approximately $65 million USDC margin translates into an annual net interest income of about $1.8 million for the protocol according to AQAV2 rates.

According to the Hyperdash chart, Jump Trading’s average monthly trading volume is $18 billion, and the number of markets it trades in is 66.