Fun fact:
Hyperliquid's priority fees hit an all-time high in a single day, while also reaching an all-time high as a share of total revenue.
On November 5, priority fees hit a daily record, burning $550,000 worth of $HYPE ;
On November 6, priority fees also reached a record share of total revenue, exceeding 10% to reach 13.4%.
This ATH was a classic event-driven spike. Extreme volatility amid a sharp drop in U.S. stocks amplified competition for queue priority, driving a surge in priority fee payments.
100% burned directly in $HYPE .
#Hyperliquid $HYPE
Hyperliquid's priority fees hit an all-time high in a single day, while also reaching an all-time high as a share of total revenue.
On November 5, priority fees hit a daily record, burning $550,000 worth of $HYPE ;
On November 6, priority fees also reached a record share of total revenue, exceeding 10% to reach 13.4%.
This ATH was a classic event-driven spike. Extreme volatility amid a sharp drop in U.S. stocks amplified competition for queue priority, driving a surge in priority fee payments.
100% burned directly in $HYPE .
#Hyperliquid $HYPE
