Hyperliquid Crypto Hits $38M in Monthly Outsourced Revenue: Grayscale

Key Insights: Hyperliquid crypto posted $38M in outsourced revenue, about 36% of September fees. September fees reached $105M, up 24% from August and the highest level in 2026. ICE partnered with Trade[XYZ] to develop U.S. perpetual futures on Hyperliquid. Hyperliquid crypto generated $38 million in outsourced revenue during September 2026, according to a Grayscale report . The figure accompanied news of ICE’s partnership with Trade[XYZ] to develop perpetual futures on Hyperliquid. The September fees, based on Hyperliquid crypto, totaled approximately $105 million, according to a chart citing Artemis and Grayscale Investments. Activity outside the core trading area accounted for about 36% of that monthly total. Hyperliquid Crypto Fees Reach Their Highest Level of 2026 Fees reached $105 million in September 2026, up from approximately $85 million in August.

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