⚡ Hyperliquid generated $713M in revenue over the past 12 months, according to Bloomberg. For context, DeFiLlama currently puts it top-3 among crypto protocols by 30-day revenue - behind only Tether and Circle. Hyperliquid generated about $66M over the past month. It launched only 3 years, but the growth has been pretty fast: ✅ 2023: Hyperliquid launches its onchain perpetuals exchange ✅ Nov 2024: $HYPE launches through a major community airdrop ✅ Aug 2026: cumulative perp volume passes $5.4T, with Hyperliquid handling about 40% of onchain perp volume and 62.5% of open interest ✅ today: $713M in trailing-year revenue, with Jeff Yan already looking at tokenized assets as another area for expansion Project's token, $HYPE , has followed the same trajectory. It traded as low as $3.20 after launch and is around... $83 today, after reaching an ATH near $98 in September 🚀 And Hyperliquid is already moving beyond crypto-only markets. HIP-3 lets developers launch perpetual markets linked to assets like equities, commodities and indices; by August, those markets represented roughly 48% of the platform’s 30-day volume. 3 years ago this was a new perp DEX, now it’s already a trading infrastructure for several asset classes. 🤔 What's the secret ? #HYPE #Altcoin Season# #Macro Insights#