š Hyperliquid is on fire!
According to @aiyi_data, the onchain derivatives DEX has raked in $55.4M in cumulative fees as of May 2025. On May 21, it hit a record $4.65M in a single day š„šø
Why it mattersš
š¹ Revenue comes from fees + token auctions
š¹ Fees help buy back $HYPE to support price
š¹ Annualized rev projected at $746M ā higher than many CEXs! š
$HYPE just hit new ATHs for 4 weeks straight š