ChainCatcher report: GLC Research posted on X stating that Hyperliquid’s “priority fee” mechanism has achieved significant success, generating over $5 million in cumulative revenue to date. Based on 14-day and 30-day average levels, the annualized buyback volume supported by this revenue has exceeded $30 million, accounting for approximately 7% of HYPE’s total revenue. Given that the “priority fee” is still in its very early stages, this figure is expected to continue growing, with the annualized revenue from this mechanism projected to reach $50 million to $100 million by year-end.
Hyperliquid's priority fee mechanism has generated $5 million in revenue, with projections to reach $50 million to $100 million annually.
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Summary
Hyperliquid's priority fee mechanism has generated over $5 million in cumulative revenue, with annualized buybacks now exceeding $30 million. Based on moving averages, this income represents approximately 7% of HYPE’s total revenue. Analysts suggest that as the mechanism matures, altcoins to watch may include HYPE. With the feature still in its early stages, annual revenue could reach $50 million to $100 million by year-end.
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