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Exploring PvP Trade: The New Telegram Trading Bot on Hyperliquid

Exploring PvP Trade: The New Telegram Trading Bot on Hyperliquid

PvP Trade Fees and Revenue Dashboard on DefiLlama

If you’re into crypto trading and love the convenience of doing it right from your phone, you’re going to want to hear about PvP Trade. This new trading bot, built into the Hyperliquid ecosystem, lets you execute spot and perpetual (perps) trades directly through Telegram groups—no need to juggle multiple apps or visit a separate user interface. Announced by DefiLlama on August 1, 2025, this tool is already making waves, and the data backs it up!

What Is PvP Trade?

PvP Trade is a Telegram-based trading bot designed to simplify your crypto trading experience. Integrated with Hyperliquid—a blockchain known for its high-performance finance capabilities—it allows users to send simple commands (like “buy” or “sell”) via Telegram to place trades. This seamless integration is a game-changer for traders who want speed and efficiency without leaving their favorite chat app.

The bot’s connection to Hyperliquid means it leverages a robust ecosystem built for finance-related projects. Whether you’re a seasoned trader or just dipping your toes into decentralized finance (DeFi), this tool could be a handy addition to your toolkit.

Diving Into the Numbers

The folks at DefiLlama have started tracking PvP Trade’s performance on their Fees & Revenue Dashboard, and the stats are pretty eye-catching. Here’s a quick breakdown based on the latest data:

  • Annualized Fees: $1.17 million
  • 30-Day Fees: $96,188
  • 7-Day Fees: $24,628
  • 24-Hour Fees: $4,665
  • Cumulative Fees: $365,959
  • Annualized Revenue: $1.17 million
  • 30-Day Revenue: $96,226
  • 7-Day Revenue: $24,628
  • 24-Hour Revenue: $4,623
  • Cumulative Revenue: $368,802
  • 30-Day Perpetual Volume: $389.75 million

The graph shared by DefiLlama shows a fluctuating yet upward trend in fees and revenue, with some impressive spikes over the past month. This suggests that PvP Trade is gaining traction, especially among traders looking to capitalize on Hyperliquid’s market.

Why It Matters for Meme Token Enthusiasts

At Meme Insider, we’re all about keeping you in the loop on tools that could impact the meme token space. While PvP Trade isn’t exclusively for meme tokens, its ease of use and integration with a high-performance blockchain like Hyperliquid make it a potential playground for meme coin traders. Imagine sniping the next big meme token launch right from your Telegram group—pretty cool, right?

The low barrier to entry (no complex UI to navigate) and the ability to trade perps could attract a wave of retail traders, including those chasing the latest viral tokens. Plus, with a perpetual volume of nearly $390 million in 30 days, it’s clear this bot is handling some serious action.

The Bigger Picture

This move by DefiLlama to track PvP Trade highlights the growing importance of Telegram bots in the DeFi world. These tools are becoming a go-to for traders who value convenience and speed. Hyperliquid’s role as a “blockchain to house all finance” (as per their foundation) only amplifies the potential here. If PvP Trade continues to grow, it could set a new standard for how we trade crypto, especially in niche markets like meme tokens.

What’s Next?

Keep an eye on PvP Trade as it evolves. The data from DefiLlama will be key to seeing how sustainable this growth is. If you’re a blockchain practitioner or just a curious trader, experimenting with this bot could give you a front-row seat to the future of DeFi trading. Ready to give it a shot? Head over to pvp.trade and dive into the action!

Got questions or want to share your experience with PvP Trade? Drop a comment below—we’d love to hear from you!

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