#Hyperliquid
đ $HYPE surges 79% in breakout Q2 2026: Hyperliquid report highlights
While the broader crypto market was undergoing a correction, $HYPE token marked a powerful rally and renewed its all-time high (ATH), cementing its status as one of the most profitable protocols in the industry.
đ Key figures and events of the quarter:
âĄïž Record ATH: HYPE rose 79.2% for the quarter (on June 16, the price reached $76.90). Relative performance against Bitcoin was +93% (BTC fell 14.1% over the same period).
âĄïž Revenue recovery: After starting April with the lowest figures, monthly revenue increased by 52% by June. Annualized run rate reached ~$840 million, with cumulative holder revenue exceeding $1 billion.
âĄïž USDC Transition: The protocol has abandoned USDH in favor of Coinbaseâs USDC. This is estimated to generate $135 million to $200 million in additional annual revenue for token holders (through accrued interest that goes to the Assistant Fund).
âĄïž US Spot ETF Success: Three Spot HYPE ETFs launched in 8 weeks (21Shares THYP, Bitwise BHYP, and Grayscale HYPG). Total net inflows into the funds for the quarter were $309 million.
âĄïž Treasury and Earnings: Hyperliquid Strategies recorded $152.5 million in net income for the fiscal quarter and increased treasury holdings to 29.3 million $HYPE .
â ïž The market is increasingly evaluating HYPE as a full-fledged cache-generating protocol, rather than just another high-risk crypto asset.
đ $HYPE surges 79% in breakout Q2 2026: Hyperliquid report highlights
While the broader crypto market was undergoing a correction, $HYPE token marked a powerful rally and renewed its all-time high (ATH), cementing its status as one of the most profitable protocols in the industry.
đ Key figures and events of the quarter:
âĄïž Record ATH: HYPE rose 79.2% for the quarter (on June 16, the price reached $76.90). Relative performance against Bitcoin was +93% (BTC fell 14.1% over the same period).
âĄïž Revenue recovery: After starting April with the lowest figures, monthly revenue increased by 52% by June. Annualized run rate reached ~$840 million, with cumulative holder revenue exceeding $1 billion.
âĄïž USDC Transition: The protocol has abandoned USDH in favor of Coinbaseâs USDC. This is estimated to generate $135 million to $200 million in additional annual revenue for token holders (through accrued interest that goes to the Assistant Fund).
âĄïž US Spot ETF Success: Three Spot HYPE ETFs launched in 8 weeks (21Shares THYP, Bitwise BHYP, and Grayscale HYPG). Total net inflows into the funds for the quarter were $309 million.
âĄïž Treasury and Earnings: Hyperliquid Strategies recorded $152.5 million in net income for the fiscal quarter and increased treasury holdings to 29.3 million $HYPE .
â ïž The market is increasingly evaluating HYPE as a full-fledged cache-generating protocol, rather than just another high-risk crypto asset.