Hyperliquid generated $3.07 million in revenue in a single day, part of a broader wave where four major onchain platforms simultaneously posted their best weekly numbers. According to DefiLlama data, the protocol accumulated approximately $13.47 million over seven days, translating to an annualized run rate exceeding $700 million. Pump, StonkFun, and Pons also broke their respective weekly revenue records, with StonkFun reaching a peak of $1.84 million in a single day. Hyperliquid’s business model relies almost entirely on perpetual futures trading, with approximately 99% of fees directed toward HYPE token buybacks and burns.
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