Crypto
Jump Trading's Hyperliquid Volume Surges to Nearly $150 Billion
Jump Trading's activity on Hyperliquid has exploded, with its cumulative trading volume nearing $150 billion since December 2025. The firm is responsible for almost 8% of perpetual futures activity overall and 19% of xyz markets volume.
Jump operates one master account alongside 16 subaccounts, each with a specific role in the trading process. The firm's strategy focuses on taker volume, accounting for only 11% to 35% of fills across its activity.
The positions total $145 million in notional against $63.6 million in account value, with longs in Brent and CL, and shorts in various assets including gold, silver, and megacap names.