火星财经消息：Decentralized perpetual trading platform Hyperliquid surpassed $1 billion in cumulative protocol revenue as of June 30, 2026. The platform recorded approximately $492 billion in trading volume during the first quarter of 2026, ranking second only to Coinbase by volume. Approximately 97% to 99% of Hyperliquid’s protocol fees are allocated through the Assistance Fund to repurchase HYPE on open markets, resulting in the cumulative buyback and destruction of over 41 million tokens, valued at more than $1 billion. Hyperliquid operates its own blockchain; HIP-3 enables users to create permissionless asset markets based on price feeds. Protocol revenue primarily comes from opening and closing trade fees, as well as fees charged for creating new markets; funding rates are periodically exchanged between long and short positions, with no portion retained by the protocol.
Hyperliquid Protocol revenue exceeds $1 billion, burns over 41 million HYPE tokens
MarsBitShare
Summary
The Hyperliquid protocol update shows cumulative revenue exceeding $1 billion as of June 30, 2026. The exchange reported $492 billion in Q1 trading volume, second only to Coinbase. Over 97% of fees fund HYPE buybacks and burns, with more than 41 million tokens destroyed. No exchange hacks were reported.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.