In an astonishing turn of events that’s shaking up the blockchain world, Hyperliquid has officially surpassed both Ethereum (ETH) and Solana (SOL) to record the highest gross profit of any blockchain in May 2025. This marks a historic milestone in the rapidly evolving crypto and decentralized finance (DeFi) ecosystem.
🔍 What is Hyperliquid?
Hyperliquid is a next-generation Layer-1 blockchain designed to offer lightning-fast transactions, ultra-low fees, and a scalable infrastructure capable of supporting high-volume decentralized applications (dApps). Unlike traditional networks that suffer from congestion and high gas fees, Hyperliquid leverages cutting-edge consensus mechanisms and Layer-0 interoperability to enhance both performance and user experience.
Originally launched as a response to scalability issues in Ethereum and Solana, Hyperliquid has gained popularity among developers, traders, and institutional players for its superior architecture, near-zero latency, and real-time transaction finality.
💹 May 2025: The Numbers Speak
According to financial metrics released by multiple crypto analytics platforms, Hyperliquid achieved the highest gross profit among all blockchains in May 2025. The profit data factors in network fees, on-chain trading activity, and DeFi engagement volume.
Some key highlights include:
- Gross Profit Achievement: Hyperliquid recorded over $812 million in gross profit in May alone, a figure that outpaces Ethereum by 17% and Solana by 31%.
- Trading Volume Surge: The on-chain trading volume rose by over 64% compared to April 2025, largely driven by institutional adoption and a surge in DeFi trading pairs.
- dApp Activity: Over 150 new decentralized apps launched on Hyperliquid in Q2 2025, focusing primarily on derivatives trading, NFT marketplaces, and AI-integrated DeFi tools.
- User Growth: Monthly active wallet addresses increased to 6.2 million, surpassing Solana and approaching Ethereum’s dominance.
🧠 Why Hyperliquid Beat the Giants
1. Performance Efficiency
Hyperliquid’s optimized transaction processing allows up to 120,000 TPS (transactions per second) significantly higher than Ethereum's ~30 TPS and Solana’s ~65,000 TPS in ideal conditions.
2. Zero-Gas Ecosystem
Unlike Ethereum and Solana, Hyperliquid implemented a zero-gas mechanism subsidized by validator incentives and staking pools. This attracts both small retail users and large trading firms.
3. AI-Integrated DeFi Infrastructure
One of the standout features is its native integration with AI algorithms that optimize trade execution, yield farming, and liquidity provisioning offering smarter, faster, and more profitable outcomes.
4. Global Institutional Adoption
Major fintech firms from Asia and Europe reportedly shifted a significant part of their DeFi operations to Hyperliquid in early 2025, citing lower operating costs and greater transparency.
🔄 Ethereum and Solana’s Response
Despite still maintaining a robust ecosystem, both Ethereum and Solana are now under pressure. Ethereum continues its transition to full sharding and scalability improvements through Proto-Danksharding, while Solana has launched new incentives to retain developer interest.
However, concerns regarding high gas fees (in Ethereum’s case) and repeated network outages (in Solana’s case) have driven users and developers alike toward Hyperliquid’s more stable and profitable environment.
🏁 What This Means for the Future of Blockchain
The rise of Hyperliquid isn’t just a financial milestone it signals a shift in user preferences toward efficiency, usability, and innovation in blockchain infrastructure. The competition among Layer-1 blockchains is intensifying, but Hyperliquid’s recent performance indicates it could become the new gold standard for high-performance, profitable DeFi ecosystems.
Industry experts predict that if the current momentum continues, Hyperliquid could take the #3 spot in overall market capitalization by Q4 2025 challenging the dominance of long-standing players and reshaping the Layer-1 narrative altogether.