Hyperliquid’s growth rate is truly insane—the 200k weekly active users aren’t just hype. Once PMF is found, it’s a whole different story.

Wu Shuo has learned that, according to Token Terminal data, the number of weekly active user addresses on Hyperliquid has surpassed 200k, reaching a new high. Since the beginning of this year, user activity has nearly doubled, and this growth is driven by its strong product-market fit.