Hyperliquid August revenue reaches record high

Source
Son Min

Summary

  • Hyperliquid (HYPE)'s monthly revenue reportedly reached $106 million, a record high.
  • Monthly revenue increased 23% from the previous month, and perpetual futures trading volume reached about $400 billion.
  • The Block reported that Hyperliquid holds a 70% market share of decentralized futures trading.

Decentralized futures exchange Hyperliquid (HYPE)'s monthly revenue has reached a record high.

On the 2nd (local time), The Block reported, "Last month Hyperliquid's monthly revenue reached $106 million, up 23% from the previous month ($86.6 million)," saying, "this is the largest ever." It added, "Perpetual futures trading volume was about $400 billion."

Meanwhile, according to The Block's dashboard, Hyperliquid holds a 70% share of the decentralized futures trading market.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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