The machine
Revenue, receipts included.
Protocol fees, the gap to every other perp DEX, who earns across the ecosystem, and the stablecoin dry powder sitting on the chain.
Fees & buyback fuel
Protocol revenue
The gap
Revenue vs perp DEXs · 24h
SOURCE · DefiLlama dailyRevenue
Who earns on HL · 24h
Ecosystem fee leaderboardlive
The dry powder
Stablecoins on Hyperliquidlive
HyperEVM + HyperCore