Mystery Whale Drives Unit to Record $3.2B Daily Volume
Mystery Whale Drives Unit to Record $3.2B Daily Volume
馃悑 Mystery Whale Moves
An unknown trader executed massive swaps on Hyperliquid's Unit platform over 4 days, selling 19,663 BTC ($2.22B) and buying 455,672 ETH ($2.19B).
Record-Breaking Performance:
- Unit hit $3.2B+ in 24-hour spot volume
- Surpassed Coinbase and Bybit BTC volumes combined
- Nearly matched Binance's BTC/USDT trading
Infrastructure Resilience:
- Zero downtime despite billions in transactions
- Guardian network processed massive load seamlessly
Financial Impact:
- Hyperliquid generated $4.7M in fees (24 hours)
- $1.88M in HYPE buybacks from Unit trading fees
- Unit contributed $941K to additional buybacks
The whale's identity remains unknown, but their choice of Unit as a decentralized trading venue demonstrates the platform's growing institutional appeal and liquidity depth.
In the last 24h, Unit spot $BTC volume on HL represents: - 15.7% of Binance - 69.3% of Bybit - 66.9% of Coinbase - 80.7% of OKX - 1,074.1% of Uniswap - 4,383.1% of Thorchain
As Unit approaches $1bn in total TVL and crosses 15b of trading volume, its worth recapping some of the highlights since inception: - Unit launched native spot BTC on Feb 14th, and had $18m in trading volume, today it did $170m. ETH launched with $1.5m; today it traded $155m.
As many have seen over the last few days, there are several very large wallets trading via Unit on HL. To be 100% clear, the user is unknown to us, and independently decided that this was the best decentralized venue for them to trade on. As of now they have sold 19663 BTC
馃殌 Unit Expands Team
**Unit is actively recruiting top-tier talent** across multiple technical roles as the company scales its on-chain asset interaction platform. **Open positions include:** - DevOps Engineer - Senior Backend/Protocol Developer - Fullstack Engineer - Designer The company emphasizes seeking **high-agency individuals** who thrive on ownership and want ground-floor opportunities in reshaping digital asset interactions. **$10,000 USDC referral bonus** available for successful candidate referrals. [Apply here](https://jobs.polymer.co/unit)
**Milestone Reached: $1B+ TVL Officially Confirmed**
A major DeFi protocol has officially crossed the **$1 billion Total Value Locked (TVL)** threshold, marking a significant milestone in the platform's growth. This achievement represents substantial user confidence and capital deployment in the protocol's services. The $1B+ TVL figure demonstrates the platform's ability to attract and retain significant liquidity. **Key highlights:** - Official confirmation of $1B+ TVL milestone - Represents major growth benchmark for the protocol - Indicates strong user adoption and trust This milestone follows recent trends of increasing TVL across various DeFi platforms, suggesting continued institutional and retail interest in decentralized finance solutions.