Hyperliquid's July revenue soared to a record $86 million, annualizing over $1.2 billion, with total revenue reaching $400 million, Dune data shows its strength.

This platform is impressive, the surge in revenue reflects the booming derivatives trading, and compared to the general rise in US crypto stocks, it feels like crypto infrastructure is breaking out of the bear market.

In line with Matrixport's analysis of BTC testing support levels, high-revenue projects become a safe haven amid seasonal weakness, with whales acquiring ETH possibly targeting such opportunities.

Looking ahead to September's interest rate cuts, Hyperliquid may continue to lead, traders shouldn't miss this wave of derivatives market, potential upside huge.