In 24 hours, Hyperliquid generated $5m in fees—more than Ethereum ($3.3m), and more than Tron and Solana combined.
While the exact figures can fluctuate daily, the consistent reporting indicates that Hyperliquid, a decentralized exchange (DEX) running on its own high-speed Layer-1 blockchain, has been gaining considerable traction in terms of fee generation. Its focus on perpetual futures trading with low fees and high throughput seems to be a key factor in its success.