HYPERLIQUID HITS $71B WEEKLY VOLUME AND BURNS $19.21M IN $HYPE 📊🔥
Hyperliquid crossed $71B in weekly futures trading, capturing over 40% of on-chain derivatives volume 📈
Where that volume surge is coming from:
🔹 Pump.fun added Hyperliquid futures on 28 October 2026 for 300+ markets using SOL or USDC.
🔹 Wallets (MetaMask, Phantom, Trust Wallet, Rabby, Bitget Wallet, OneKey, Rainbow) and apps (Fomo, HyperDash, Liquid, CoinDCX, Axiom, BasedOne, Infinex) integrated Hyperliquid perps ($3.59M weekly builder fees).
🔹 Stock and commodity markets (TradeXYZ, Felix, Ethena, Kinetiq, Ventuals) drove $24.15B of that $71B weekly volume across US stocks, gold, and oil.
What this means for $HYPE burns:
🔥 Protocol revenue flows into an Assistance Fund that burned $68.8M in HYPE over 30 days and $19.21M this week (from $25.02M fees).
🔸 Weekly fee sources: $17.92M crypto perps, $2.60M stock/commodity perps ($15.05M net burned), $3.59M Circle USDC yield, $718K spot, $46.6K prediction markets, and $226K L1 gas.
Are you bullish or bearish on $HYPE token, and why? 👇
#Hyperliquid #HYPE #DeFi #CryptoTrading
Hyperliquid crossed $71B in weekly futures trading, capturing over 40% of on-chain derivatives volume 📈
Where that volume surge is coming from:
🔹 Pump.fun added Hyperliquid futures on 28 October 2026 for 300+ markets using SOL or USDC.
🔹 Wallets (MetaMask, Phantom, Trust Wallet, Rabby, Bitget Wallet, OneKey, Rainbow) and apps (Fomo, HyperDash, Liquid, CoinDCX, Axiom, BasedOne, Infinex) integrated Hyperliquid perps ($3.59M weekly builder fees).
🔹 Stock and commodity markets (TradeXYZ, Felix, Ethena, Kinetiq, Ventuals) drove $24.15B of that $71B weekly volume across US stocks, gold, and oil.
What this means for $HYPE burns:
🔥 Protocol revenue flows into an Assistance Fund that burned $68.8M in HYPE over 30 days and $19.21M this week (from $25.02M fees).
🔸 Weekly fee sources: $17.92M crypto perps, $2.60M stock/commodity perps ($15.05M net burned), $3.59M Circle USDC yield, $718K spot, $46.6K prediction markets, and $226K L1 gas.
Are you bullish or bearish on $HYPE token, and why? 👇
#Hyperliquid #HYPE #DeFi #CryptoTrading
