Security· ★★★· bearish·

Hyperliquid logs $2.5M in daily fees as report flags $20M laundering link

  • —Hyperliquid fees hit $2.5M in 24 hours; Lighter followed at $198K and Aster at $123K
  • —The other nine top-10 perp DEXs combined earned roughly $836K
  • —ZachXBT says over 87% of FreedomXMR inflows may be tied to illicit activity
  • —More than $20M of FXMR inflows traced to ransomware, exploits and social engineering
Why it matters: The report hits the largest perp DEX's reputation just as Hyperliquid asks the CFTC to approve perpetuals on compute.
Source: AMBCrypto