Trust Wallet Surpasses Rivals in Hyperliquid Revenue, Boosting Market Sentiment
Trust Wallet has reportedly surpassed MetaMask and Phantom in terms of revenue generated from the HyperliquidX builder code within a 24-hour span, according to @DegenerateNews. This development indicates a shift in the competitive landscape among major crypto wallets. Trust Wallet's self-custody capabilities have apparently captured a significant share of builder-fee revenue from the Hyperliquid platform.
Hyperliquid enables third-party apps to earn fees from transactions, and this recent change may influence market perceptions of its growth and price predictions. Market participants may view this as a potential driver for increased interest in Hyperliquid, which has seen substantial revenue generated through wallets like Phantom and MetaMask.
The reported shift in revenue rankings suggests a dynamic competitive environment in the crypto wallet space. This could impact market pricing, with the current data showing a slight increase in the probability of Hyperliquid reaching specific price targets by the end of 2026.