Hyperliquid Smashes Revenue Record with $106M in August, Dominates 70% of DeFi Perps Market

Hyperliquid shattered revenue records in August with $106M earned from perpetual futures trading marking 23% increase from July's $86.6M as decentralized exchange captured 70% market share among DeFi perpetuals platforms alongside $383B in monthly trading volume and annualized revenue reaching $1.25B.