Hyperliquid's cumulative protocol revenue surpassed $1 billion as of June 30, 2026, according to Bitcoin.com News. According to NS3.AI, the decentralized perpetual contract trading platform recorded approximately $492 billion in trading volume in the first quarter of 2026.

Bitcoin.com News reported that about 97% to 99% of protocol fees are used for open-market HYPE repurchases through the Assistance Fund. It also said more than 41 million HYPE tokens had been repurchased and burned.