📌 Key figures: Hyperliquid’s cumulative protocol revenue has exceeded $1.4 billion, with perpetual contracts contributing nearly 90%.
$HYPE 84.43, 24h -1.56%, 24h trading volume: $20.35 million.
Compare institutional activity across three dimensions: its size relative to circulating supply, whether it is sustained, and whether similar funds are moving in the same direction. Looking at just one factor is of limited value.

#HYPE