Jump’s Hyperliquid Footprint Explodes as Trading Volume Nears $150 Billion

Jump Trading's Hyperliquid volume nears $150 billion, making the firm responsible for nearly 8% of perpetual futures activity overall. Jump Trading’s cumulative trading volume on Hyperliquid has nearly reached $150 billion since the firm made its first deposit on December 12, 2025, according to Hyperdash co-founder Hanson Birringer, who mapped the firm’s entire activity on the exchange. Jump operates one master account alongside 16 subaccounts, and its trading now represents almost 8% of all perpetual futures volume on Hyperliquid and 19% of volume in xyz markets. Jump’s Hyperliquid Activity In July alone, its share rose to almost 18% of total exchange volume and 29% of xyz volume. Jump initially spent about a week testing the platform in December, during which it traded $153 million across BTC, SOL, and HYPE, before funding its master account and starting the sub-process creation. Each wallet has a specific role, including separate accounts for crude oil, Brent, natural gas, and each new stock listing, while a larger book handles the S&P 500, XYZ100, SK Hynix, silver, gold, and memory-related names. The firm’s strategy is primarily driven by taker volume, as maker volume accou...