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Hyperliquid November revenue exceeds $70M?
Quotes fetched just now.
Revenue so far$22.21m
Market threshold$70m
At this month's daily average$66.63m
Sep 2026$74.19m
Oct 2026$69.13m
Threshold $70m
Nov 1, 2026Dashed line: this month's daily average to the end of the periodNov 30, 2026
Revenue so far: completed UTC days from Nov 1, 2026 00:00 UTC to Nov 11, 2026 00:00 UTC
Market details
Revenue (24h)
Revenue (30d)$1.207b
Weekly Change-10.36%
Top gainers (7d)
Top losers (7d)
| Name | Rights | Category | Definition | |||||
|---|---|---|---|---|---|---|---|---|
| $16.77m | $116.79m | -1.43% | $514.75m | Stablecoin Issuer | Asset yields from USDT backing investments (US Treasury Bills and other fixed-income assets like repos, commercial paper, money market funds and secured loans) collected by Tether | |||
| $6.74m | $46.9m | -1.02% | $205.52m | Stablecoin Issuer | USDC: All yields from USDC backing cash-equivalent assets, and US Treasury Bills collected by Circle. CCTP: All the fees are revenue | |||
| $2.53m | $16.52m | -6.00% | $69m | Derivatives | HLP: No revenue. Perps: 99% of fees go to Assistance Fund for buying HYPE tokens, excluding builders fees, plus Hyperliquid's 90% share of AQAv2 stablecoin reserve yield since 27 Aug 2026. Spot Orderbook: 97% of spot trading fees before 30 Aug 2025 and 99% thereafter, after builder code fees and maker rebates, go to Assistance Fund for buying HYPE tokens, excluding unit protocol fees; HYPE paid in successful HIP-1 token-deployment auctions is burned. Outcomes: 99% of outcome fees net of builder-code fees, sent to the Assistance Fund to buy HYPE | |||
| $1.16m | $8.92m | -16.00% | $49.96m | Launchpad | pump.fun: Pump's slice of the bonding-curve trade fee plus graduation fees, Mayhem-mode fees and the website app fee. Swap: Revenue kept by the protocol, which is the 0.05% protocol fee from each trade. Terminal: Trading terminal fees retained by Pump.fun after cashback/referral payouts. pump.fun Mobile App: 0.45% app fee paid on pump.fun mobile app trades, kept by pump.fun. pump.fun Perps: Builder-code fees received by the Pump.fun builder account, before any subsequent referral or callout reward payouts | |||
| $1m | $4.15m | +25.31% | $45.38m | Derivatives | All fees: half of the 2% fees to PAPER stakers, half to the dev fee recipient, and LP profits above the $5M cap to PAPER stakers | |||
| $870,012 | $5.52m | -14.18% | $24.82m | Chain | Amount of TRX fees were burned | |||
| $590,367 | $4.54m | -0.10% | $18.13m | Prediction Market | International: Fees going to protocol address post maker rebate, taker rebate, referral reward, liquidity and holding rewards distribution. Combos: All taker fees on combo trades go to Polymarket | |||
| $515,164 | $3.73m | -3.27% | $16.87m | RWA | All the fees are revenue | |||
| $419,522 | $2.95m | -5.84% | $13.15m | CDP | Lending: Fees collected minus savings rate paid to DSR depositors. Money: Yields are collected by curators | |||
| $314,923 | $2.32m | -8.43% | $10.98m | Lending | All yields from USD1 backing assets investments (Fidelity money market funds) collected by World Liberty Financial | |||
| $309,922 | $2.12m | -7.00% | $9.59m | Stablecoin Issuer | Gold: All the fees go to the protocol. Stablecoin Issuer: All the yields from Paypal USD and Binance USD backing are revenue for Paxos | |||
| $300,626 | $1.99m | +13.39% | $7.64m | Dexs | Velodrome V1: Swap fees distributed to VELO token holders. Velodrome V2: Swap fees earned by liquidity staked in gauges and bribes, paid to veVELO voters, plus the staked-liquidity fees locked in the gauges since their last fee distribution ahead of the Aero upgrade (2026-10-15 on Optimism and Ink, earlier on the other chains). drome V1: Swap fees earned by liquidity staked in gauges and bribes, paid to veAERO voters, plus the staked-liquidity fees locked in the gauges since their last fee distribution on 2026-10-15. Velodrome V3: The share of swap fees earned by liquidity staked in a gauge, plus the rake taken from unstaked liquidity: paid to veVELO voters until the gauges last distributed fees ahead of the Aero upgrade (2026-10-15 on Optimism and Ink, earlier on the other chains), locked in the gauges after that. drome Slipstream: Swap fees earned by liquidity staked in gauges plus the cut taken from unstaked liquidity, and bribes, paid to veAERO voters, plus those staked-liquidity fees locked in the gauges since their last fee distribution on 2026-10-15. Slipstream: Swap fees earned by AERO-earning liquidity, the protocol share of fee-earning liquidity fees and bribes, all distributed to sAERO holders. Basic: Swap fees earned by AERO-earning liquidity and bribes, all distributed to sAERO holders | |||
| $267,398 | $1.83m | +5.45% | $7.47m | Stablecoin Issuer | All yields from RLUSD backing assets (U.S. Treasury bills and government money-market funds) collected by Standard Custody & Trust Company (Ripple) | |||
| $256,506 | $1.74m | -38.10% | $8.26m | Dexs | V1: Protocol makes no revenue. V2: From 28 Dec 2025, 17% (0% before) fees on Ethereum, From 8 Mar 2026, 17% (0% before) fees on Optimism, Arbitrum, Base, Zora, XLayer chains shared to buy back and burn UNI. (Tracked combined in Uniswap V3 adapter). V3: From 28 Dec 2025, a portion of fees a collected to buy back and burn UNI on Ethereum, From 8 Mar 2026, on Optimism, Arbitrum, Base, WC, Zora, XLayer, From 2 Jun 2026, on Polygon, BSC, Celo, From 27 Jul 2026, on Robinhood, From 5 Oct 2026, on Arc. V4: Fee switch enabled on 27 Jul 2026 (tracked in uniswap-v3 adapter), a part of fees collected to buy back and burn UNI | |||
| $234,709 | $1.58m | $9.21m | Trading App | Axiom: Revenue is fees retained by Axiom after deducting referral and cashback payouts. Axiom Perps: Builder Code Fees collected by Axiom from Hyperliquid Perps | ||||
| $216,221 | $1.46m | +19.33% | $5.43m | Derivatives | Perps: Protocol revenue from maker fees, taker fees, transfer fees, and withdraw fees. Liquidation fees are excluded as they go directly to LLP. Spot: Protocol revenue from maker fees, taker fees, transfer fees, and withdraw fees. Robinhood Perps: Protocol revenue from maker, taker, transfer and withdrawal fees. Liquidation fees are excluded — they go to the LLP (see SupplySideRevenue) | |||
| $214,868 | $2.61m | -88.99% | $28.11m | Block Builders | Earning from total fees minus total priority rewards paid to validators | |||
| $208,727 | $960,156 | +16.18% | $2.61m | Derivatives | Perps: Perpetual trading fees retained by AZverse after builder revenue shares. Spot: Spot trading fees retained by AZverse after builder revenue shares | |||
| $208,358 | $1.39m | +1.42% | $5.77m | Wallets | Wallet: Fees collected by Phantom. Perps: Builder Code Fees collected by Phantom from Hyperliquid Perps as Frontend Fees. Spot: Builder-code fees on Hyperliquid spot trades, all kept by the builder. Outcome: Builder-code fees on Hyperliquid HIP-4 outcome trades, all kept by the builder | |||
| $195,162 | $1.4m | +16.70% | $5.23m | Lending | V2, V3: Amount of fees go to Aave treasury. V4: Protocol share of borrow interest plus protocol share of liquidation bonuses | |||
| $172,487 | $1.11m | -2.73% | $6.24m | Trading App | Trading fees retained by GMGN after referral commissions. Solana referral is measured on-chain; EVM referral is estimated at the measured Solana referral rate (~16% of fees) | |||
| $170,748 | $211,054 | -13.42% | $926,346 | Yield | Sum of protocol revenue and holders' revenue | |||
| $163,405 | $1.07m | $5.25m | Derivatives | Aggregator: All Jupiter platform fees on swaps, kept by Jupiter. Perpetual Exchange: 25% of all fees, sent to Jupiter. Ape Jupiter: All fees collected by protocol. Staked SOL: Jupiter's 2.5% of pool rewards (half of the 5% pool fee), Jupiter's validator commission, plus deposit and withdrawal fees. DCA: All DCA fees, kept by Jupiter. Studio: Jup Studio's share of bonding-curve trading fees (after the token creator's share) and its fees from migrated DAMM v2 pools. Lend: Jupiter's share of borrow interest, half of the reserve cut (the other half goes to Fluid). Prediction: Jupiter's share of prediction fees, counted from 2026-01-01. JupUSD: The share of JupUSD reserve yield kept by Jupiter. Limit: All limit order fees, kept by Jupiter. z: All JupiterZ fees, kept by Jupiter. Offerbook: Jupiter's protocol fees, and interest on loans Jupiter funds, less losses on those loans. Lend DEX: Jupiter's share of the protocol cut of swap fees. YOLO: All profit fees, kept by Jupiter. There are no liquidity providers. Native Staking: Commission and priority fees kept by Jupiter. VRFD: All verification fees, kept by Jupiter. Developer Platform: All Developer Platform fees, kept by Jupiter. Rent Reclaim: All rent reclaim fees, kept by Jupiter |