Hyperliquid Revenue Hits $1.49B as HYPE Price Eyes Breakout Amid Token Burns

The Hyperliquid project maintains its solid protocol economics performance, as it generated $1.49B in cumulative revenues, along with good fee generation and token burn. The latest data on the dashboard show an increase in the economic activity within the decentralized exchange. At the same time, the supply reduction approach adds one more element to the perspective of the HYPE token. Crypto analyst Stefan predicts that the HYPE price may reach $97; however, the token should find the trading range first. Based on the latest information provided by HypedLaunches through its hl.eco dashboard, it is clear that the total all-time revenue generated through the Hyperliquid Protocol amounts to $1.49 billion. The total gross trading fees for the protocol amount to $1.72 billion.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TronWeekly.