#hype
Hyperliquid revenue hits $1.31B as HYPE burns rise – But there’s ONE risk
Hyperliquid’s [$HYPE] trading volume continues to drive growth in its $HYPE burn mechanism, linking network usage directly to supply reduction. Weekly protocol revenue reached $13.48 million, while gross fees stood at $15.11 million.
Part of that revenue was used to remove 156.58K $HYPE worth around $12.42 million. The overall trend indicates that there are increasing levels of larger revenue increases occurring over time.
As such, cumulative revenue has now reached $1.31 billion. In addition to that 48.70 million $HYPE, or approximately 4.87% of $HYPE ’s total supply, has been removed.
The two metrics create an inverse relationship and show how users’ desire to utilize Hyperliquid’s trading tools relates to the reduction of available $HYPE .
$USDC liquidity supports growth
The liquidity picture shows why Hyperliquid can sustain the trading activity behind its fee engine. DeFi TVL has climbed to $1.31 billion, adding 2.68% in 24 hours, while stablecoin liquidity remains much larger at $6.83 billion.
Although that pool fell 2.41% over seven days, USD Coin [$USDC] still accounts for 98.31%, keeping trading liquidity concentrated. Traders are putting that capital to work, with $8.31 billion in daily perpetual volume and $339.25 million on DEXs.
$USDC holdings now stand at approximately $6.72 billion, slightly below the $6.71 billion held in Solana accounts. This marked a notable shift in the stablecoin concentration. More importantly, that capital is not simply sitting idle.
The pool generates roughly $200 million in annual yield. In turn, this creates another potential source for hype buyback. Meanwhile, Hyperliquid records $8.31 billion in perpetual volume, showing how deeply $USDC supports market activity.
#Write2Earn $HYPE
Hyperliquid revenue hits $1.31B as HYPE burns rise – But there’s ONE risk
Hyperliquid’s [$HYPE] trading volume continues to drive growth in its $HYPE burn mechanism, linking network usage directly to supply reduction. Weekly protocol revenue reached $13.48 million, while gross fees stood at $15.11 million.
Part of that revenue was used to remove 156.58K $HYPE worth around $12.42 million. The overall trend indicates that there are increasing levels of larger revenue increases occurring over time.
As such, cumulative revenue has now reached $1.31 billion. In addition to that 48.70 million $HYPE, or approximately 4.87% of $HYPE ’s total supply, has been removed.
The two metrics create an inverse relationship and show how users’ desire to utilize Hyperliquid’s trading tools relates to the reduction of available $HYPE .
$USDC liquidity supports growth
The liquidity picture shows why Hyperliquid can sustain the trading activity behind its fee engine. DeFi TVL has climbed to $1.31 billion, adding 2.68% in 24 hours, while stablecoin liquidity remains much larger at $6.83 billion.
Although that pool fell 2.41% over seven days, USD Coin [$USDC] still accounts for 98.31%, keeping trading liquidity concentrated. Traders are putting that capital to work, with $8.31 billion in daily perpetual volume and $339.25 million on DEXs.
$USDC holdings now stand at approximately $6.72 billion, slightly below the $6.71 billion held in Solana accounts. This marked a notable shift in the stablecoin concentration. More importantly, that capital is not simply sitting idle.
The pool generates roughly $200 million in annual yield. In turn, this creates another potential source for hype buyback. Meanwhile, Hyperliquid records $8.31 billion in perpetual volume, showing how deeply $USDC supports market activity.
#Write2Earn $HYPE
