Hyperliquid Breaks Records in Global Perpetual Contracts Market

Hyperliquid has achieved a record market share in global perpetual contracts, reaching 11.8% based on open position size.

The protocol's AQAv2 has made its first payment of $14.58 million, which will be used as a support fund for HYPE purchases.

A new mechanism allows Hyperliquid to generate revenue even without trading activity, with annualized income estimated at approximately $193 million.

According to Hans' base scenario, the protocol's yearly earnings could reach $2.4 billion by 2030.