Hyperliquid generated $16.93 million in revenue this week, according to data cited by BlockBeats from DefiLlama, a sharp increase from $5.72 million a week earlier. The change represents growth of nearly 196%. The report said the rebound in the crypto market this week lifted demand for perpetual futures trading, which in turn pushed up both platform volume and fee income. Separately, HTX market data showed that HYPE, the native token tied to the Hyperliquid platform, rose more than 37% over the week and was last quoted at $78.66. The figures point to a strong week for the exchange as trading activity accelerated alongside the broader market recovery.
Hyperliquid brought in $16.93 million in revenue this week, up from $5.72 million last week, according to DefiLlama data cited by BlockBeats on Aug. 23. That marks an increase of nearly 196%.
BlockBeats said demand for perpetual futures trading picked up as the crypto market recovered this week, lifting both trading volume and fee revenue on the platform.
Separate market data from HTX showed that HYPE, Hyperliquid’s platform token, gained more than 37% this week and was trading at $78.66.
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