Decentralized derivatives exchange Hyperliquid reported a record trade volume of US$22 billion over a 24-hour period ending at 11:41 p.m. ET on Jan. 20.

This figure exceeds its previous record of US$21 billion set just a day prior.

The platform also reported US$4.7 billion in open interest and US$9.5 million in revenue.

Additionally, data from DefiLlama showed US$13.4 billion in perpetual trading volume on Jan. 20, while US$15.6 billion was recorded the day before.

Hyperliquid’s highest single-day perpetual trading volume was nearly US$19 billion on Jan. 18.

The trading increase comes after Hyperliquid added two memecoins, Official Trump and Melania Meme.