Summary
- It was reported that HyperLiquid's weekly revenue surpassed Ethereum.
- HyperLiquid recorded $12.8 million in revenue over seven days, while Ethereum only reached $11.5 million.
- It was reported that the Dankun upgrade reduced Ethereum's transaction fees by 95%, affecting its revenue.
The decentralized exchange (DEX) HyperLiquid's weekly revenue has surpassed that of Ethereum (ETH).
On the 3rd (local time), Cointelegraph reported, "HyperLiquid's weekly revenue has surpassed Ethereum," noting that Ethereum is struggling in competition with emerging blockchains that offer faster transaction processing speeds and lower fees.
According to DefiLlama data, HyperLiquid recorded $12.8 million in revenue over seven days, whereas Ethereum recorded $11.5 million.
It further analyzed, "Despite HyperLiquid's daily trading volume being around $470 million, it recorded higher revenue than Ethereum ($4.7 billion)," attributing this to the impact of last year's Dankun upgrade, which reduced Ethereum's transaction fees by 95%.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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