It handled $7.66 billion in trading volume in a single day, capturing nearly 30% of the entire on-chain derivatives market.
On October 7, Hyperliquid’s trading volume surged 150% in a single day, claiming nearly a third of the market’s $25.65 billion total. Even more telling was protocol revenue, which jumped 72% in a single day to around $2.45 million.
Wash-traded volume doesn’t bring in real money, but the ability to generate more than $2 million in genuine revenue in a single day speaks for itself. With both market share and real cash flow surging, $HYPE is backed by solid fundamentals.
#HYPE
👇
On October 7, Hyperliquid’s trading volume surged 150% in a single day, claiming nearly a third of the market’s $25.65 billion total. Even more telling was protocol revenue, which jumped 72% in a single day to around $2.45 million.
Wash-traded volume doesn’t bring in real money, but the ability to generate more than $2 million in genuine revenue in a single day speaks for itself. With both market share and real cash flow surging, $HYPE is backed by solid fundamentals.
#HYPE
👇
