- Hyperliquid now leads the blockchain world with $1.7 million in daily fees, surpassing solana and Ethereum.
- With high trading volume and a zero gas fee model, it’s quickly becoming a top destination for crypto traders.
Hyperliquid (HYPE) is making waves in the crypto world by outperforming major blockchains like Ethereum, solana, and Bitcoin in daily transaction fees. With a staggering $1.7 million in daily fees, the platform has taken the top spot, showcasing its growing dominance in the crypto trading space.
Hyperliquid Beats the Giants in Blockchain
According to Artemis data, Hyperliquid’s daily fee generation places it ahead of even Ethereum, a network known for its high gas costs. solana followed in second, with Ethereum and Bitcoin trailing behind. Meanwhile, BNB Chain and Tron saw notably lower fee totals. This surge underscores a rising interest in Hyperliquid’s unique features—especially its zero gas fee structure for transactions.
Explosive Growth in Transaction Volume
Hyperliquid processed 447 million perpetual transactions in just 24 hours, pointing to a massive surge in user activity. Its trading volume hit $2.4 billion, while futures positions held steady at $2.3 billion. The network’s robust performance in leveraged crypto trading is a major draw, particularly for users seeking high-speed, cost-effective platforms.
Over $712,000 of the day’s revenue came directly from perpetual fees, reflecting how crucial derivatives trading is to Hyperliquid’s success. These numbers suggest the platform is becoming a go-to destination for serious crypto traders.
A Strong Market Cap and Bright Future
HYPE currently boasts a $13.3 billion market cap and trades at around $38.83. While its price dipped slightly over the past 24 hours, the overall trend remains positive. Its annualized revenue is estimated at $798 million, with yearly fees projected at $791 million—making Hyperliquid one of the most profitable blockchain platforms currently in operation.
As crypto demand continues to rise, Hyperliquid’s performance metrics and rapid adoption signal that it could become a dominant force in the industry. With zero gas fees, massive daily transactions, and rising user engagement, HYPE is proving that it’s not just a contender—it’s a leader.
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