*** ARENA PERPS TRADING WEEK 1 IN REVIEW ***
Hyperliquid futures trading has been live here for about a week. The following is a recap of key stats:
🟠# of users who tried perps: 266
🟠Daily active traders in the past 24 hours: 161
🟠% users in profit: 15%
🟠% users churned (who withdrew nearly everything or got totally liquidated): 18%
🟠Most profitable: +$389
@0xBizard
🟠Least profitable: -$17.7k
@PappiAbraham
🟠Highest return on net capital: +59.2%
@Geronimo612_
🟠Median return: -$28
@0xMstrChief117
🟠Total
@TheArenaApp revenues: $24.2k builder fees + $1k referral rewards
- BTC is 73.6% of total notional volume traded and has been traded by 3 of every 4 users.
- The top 3 traders (top 1% of users) generate 49%+ of the trading volume/revenues.
- The top 50% of traders generate 94.62% of the volume/revenues.
Attached is a log scale cohort map for all Arena perps traders that have generated >$1 in fees and have >$1 in account equity at this time.
*Note: All data above has been pulled from Hyperliquid-native dashboards, explorers, and APIs, which differ from the Arena Perps Leaderboard due to it not accounting for liquidations and some other data anomalies at this time.
