Hyperliquid and three launchpad protocols set onchain revenue records
- —Hyperliquid: $3.07 million in revenue over 24 hours and $13.47 million over a week
- —About 99% of Hyperliquid fees go toward HYPE buybacks and burns
- —StonkFun hit a daily peak of $1.84 million, Pons reached $17.8 million over 30 days
- —Hyperliquid's annual run rate exceeds $700 million
Why it matters: Rising fee revenue and HYPE buybacks tighten the token's supply and confirm demand for onchain trading.
Source: The Cryptonomist (IT)