Hyperliquid has released its report for the second quarter of 2026, showing a sharp rise in its native token HYPE and strong protocol revenue figures. According to the report, HYPE gained 79.2% during the quarter and climbed to an all-time high of $76.90, while Bitcoin fell 14.1% over the same period. The protocol said annualized revenue reached about $840 million, and cumulative holder revenue moved past $1 billion.
The report also said Hyperliquid stopped using USDH on May 14 and switched to USDC as its primary quote asset. That change is expected to generate between $135 million and $200 million in annualized holder revenue. In the U.S., the first three spot HYPE ETFs recorded combined net inflows of $309 million during the quarter. Hyperliquid Strategies posted $152.5 million in net income for the fiscal quarter, according to the figures cited by Techub from U.Today.
Hyperliquid released its report for the second quarter of 2026, showing that its native token HYPE rose 79.2% during the period and reached an all-time high of $76.90. Over the same quarter, Bitcoin fell 14.1%.
The report said the protocol’s annualized revenue was about $840 million, while cumulative holder revenue surpassed $1 billion.
Hyperliquid also said it discontinued USDH on May 14 and adopted USDC as its primary quote asset. The company expects that shift to generate between $135 million and $200 million in annualized holder revenue.
In addition, the first three spot HYPE ETFs in the United States recorded combined net inflows of $309 million during the quarter. Hyperliquid Strategies reported fiscal-quarter net income of $152.5 million. Techub cited U.Today for the report details.
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