Hyperliquid Revenue Surges to New High as Derivatives Exchange Growth Accelerates
Hyperliquid's revenue hit a new milestone in Q2, reaching $201.8 million, with most of it coming from perpetual trading fees.
The protocol's strong performance has kept its price under watch, as traders are optimistic about the project's growth prospects.
With over $10.5 billion in open interest, Hyperliquid is now the second-largest derivatives exchange by this measure.