Hyperliquid raked in $1.7 million in 24 hours in transaction fees.
It outperformed Solana, Ethereum, and Bitcoin in daily fee revenue.
This milestone signals growing traction in Layer‑2 DeFi ecosystems.
Over the past 24 hours, Hyperliquid has generated an impressive $1.7 million in transaction fees. What’s striking is that this figure surpasses the daily fee revenue of major blockchains like Solana, Ethereum, and even Bitcoin. This rare feat underscores Hyperliquid’s rising role in the decentralized finance (DeFi) space—and showcases how Layer‑2 protocols are starting to rival the big players.
How Hyperliquid Stands Out
Hyperliquid isn’t just another Layer‑2 protocol—it’s carving out a niche with features designed for high performance and cost efficiency:
Advanced roll‑up layers allow for bundled transactions, meaning lower gas fees per transaction.
Incentive structures attract both traders and developers.
Interoperable tools make it easier for developers to build DeFi apps leverage Hyperliquid’s speed.
By combining these strengths, Hyperliquid encourages a steady flow of activity—thus generating impressive fee revenue.
LATEST: Hyperliquid generated $1.7 million in fees over the past 24 hours, surpassing Solana, Ethereum, and Bitcoin in daily transaction fees. pic.twitter.com/m6GISLWdEm
— Cointelegraph (@Cointelegraph) July 7, 2025
What Comes Next?
If Hyperliquid keeps this momentum, it could influence fee economics across the board. Expect Ethereum and Solana to intensify efforts to optimize and possibly push more users toward Layer‑2 solutions. Watch for:
Infrastructure upgrades that cut costs.
New incentive models to retain users and liquidity.
Expanded DeFi offerings and cross‑chain partnerships.
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