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
Hyperliquid Adds Doublezero (2Z) Spot Trading Support
**Doublezero (2Z) is now available** for spot trading on Hyperliquid as of October 2nd. Users can: - Deposit and withdraw 2Z tokens - Trade 2Z/USDC spot pairs - Access trading through [app.hyperliquid.xyz](http://app.hyperliquid.xyz) or [app.hyperunit.xyz](http://app.hyperunit.xyz) This follows Hyperliquid's recent pattern of adding new spot trading pairs, including **Plasma (XPL)** in late September and **PUMP** earlier this year. The exchange continues expanding its spot trading offerings beyond its core perpetual futures platform.
2Z Token Trading Opens October 2nd at 1pm UTC
**2Z token** will become available for deposits, withdrawals and trading on **October 2nd at 1pm UTC**. The launch was briefly delayed due to unspecified reasons, with deposits and withdrawals initially scheduled to reopen at 10:00 AM UTC before the full trading launch at 1pm. - Full trading functionality begins October 2nd - Deposits and withdrawals available from 10:00 AM UTC - Complete trading access starts at 1:00 PM UTC
Platform Upgrade Successfully Completed, All Systems Operational
**System upgrade completed successfully** on September 29, 2025, with all platform operations now fully restored. - All services have resumed normal functionality - No ongoing disruptions reported - Users can access all features as usual The upgrade appears to be part of routine maintenance, with similar completions noted on previous dates. All systems are now operating at full capacity.
Unit Schedules Another 30-Minute Maintenance Window Today at 4pm EST
**Unit announces scheduled maintenance upgrade** today at 4pm EST, lasting approximately 30 minutes. **Key details:** - Deposits and withdrawals will be suspended during maintenance - Duration: ~30 minutes - Time: 4pm EST This follows a pattern of regular maintenance windows, with similar upgrades occurring on September 28th and 29th at 6:45pm EST. **Plan accordingly** - ensure any pending transactions are completed before 4pm EST today.