Odaily Planet Daily reports that as of October 7, Hyperliquid's cumulative protocol revenue exceeded $1.4 billion, with $1.2 billion from native perpetual contracts, accounting for 88.7%; $50.1 million from spot trading, accounting for 3.6%; $29.2 million from HIP-3 perpetual contracts, accounting for 2.1%; and the remainder generated from auctions, USDC reserve yields, HyperEVM gas fees, and other sources. Over $1.26 billion has been used to repurchase HYPE.
Hyperliquid's Total Protocol Revenue Exceeds $1.4 Billion
KuCoinFlashShare
Summary
As of October 7, 2026, Hyperliquid's protocol update pushed total protocol revenue past $1.4 billion. Native perpetual contracts contributed $1.2 billion (88.7%), while spot trading and HIP-3 perpetuals added $50.1 million (3.6%) and $29.2 million (2.1%), respectively. Additional revenue came from auctions, USDC reserve yields, and HyperEVM gas fees. Over $1.26 billion has been allocated to HYPE token buybacks. Federal Reserve news had minimal direct impact on these figures.
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.