Hyperliquid Posts Record Q2 Revenue: $201.8 Million

Hyperliquid (HYPE) price is attracting renewed attention after the protocol's Q2 revenue reached a new milestone of $201.8 million, with the majority coming from perpetual trading fees.

The figures show that Hyperliquid's main source of income is not from token sales or new token supply, but rather from active users utilizing its trading products.

This trend has many traders keeping a close eye on the project, as revenue from active users is often seen as a healthy sign for any trading platform.

According to CoinMarketCap data, HYPE's market value stands at around $13.49 billion, with daily trading volume exceeding $339 million and a total token supply of 952.94 million HYPE.