Hyperliquid Records $1.4 Million Single-Day Fee Revenue and Burns $1.2 Million in HYPE

Hyperliquid is expanding its decentralized perpetuals dominance through record open interest, tokenized equities, growing fee revenue, and HYPE token buybacks.

Hyperliquid generated $1.4 million in fees in a single day and burned $1.2 million worth of HYPE tokens in the same period. Cumulatively, the protocol has burned 47.27 million HYPE tokens, representing 4.73% of its maximum supply.