Hyperliquid generated about $59.84 million in protocol revenue over the past 30 days, according to data tracked by TradingBeats and cited by BlockBeats on Sept. 11. The figure was up 83.3% from the previous 30-day period. Over the most recent seven days, however, protocol revenue fell to about $11.57 million, down 12.7% on a sequential basis, indicating that while monthly revenue expanded sharply, short-term momentum cooled.
The report also said that between Aug. 12 and Sept. 11, the Assistance Fund’s cumulative HYPE burn rose to 47.123 million tokens. Over the latest 30 days alone, newly burned HYPE totaled about 775,400 tokens, valued at roughly $62.08 million. Under Hyperliquid’s official mechanism, trading fees allocated to the Assistance Fund are automatically converted into HYPE, and the tokens held by the fund are permanently removed from circulating supply and total supply.
Hyperliquid recorded about $59.84 million in protocol revenue over the past 30 days, according to TradingBeats data cited by BlockBeats on Sept. 11. That was up 83.3% from the previous 30-day period. In the most recent seven days, revenue fell to about $11.57 million, down 12.7% from the prior comparable period.
From Aug. 12 to Sept. 11, the cumulative amount of HYPE burned by the Assistance Fund rose to 47.123 million tokens. Over the past 30 days, newly burned HYPE totaled about 775,400 tokens, with a stated value of about $62.08 million.
Under the project’s official mechanism, trading fees allocated to the Assistance Fund are automatically converted into HYPE. The HYPE held in the fund is then permanently removed from both circulating supply and total supply.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.