Hyperliquid cumulative protocol revenue exceeds $1.4 billion, with over $1.26 billion HYPE repurchased.

PANews October 10 news, according to Castle Labs data, as of October 7, Hyperliquid's cumulative protocol revenue exceeded $1.4 billion, of which native perpetual contract revenue was $1.2 billion, accounting for 88.7%; spot revenue was $50.1 million, accounting for 3.6%; HIP-3 perpetual contract revenue was $29.2 million, accounting for 2.1%, with the remainder coming from auctions, USDC reserve yield, HyperEVM Gas, etc. Also according to Wu Shuo, more than $1.26 billion of it has been used to buy back HYPE.

PANews October 10 news, according to Castle Labs data, as of October 7, Hyperliquid's cumulative protocol revenue exceeded $1.4 billion, of which native perpetual contracts accounted for $1.2 billion, or 88.7%; spot revenue was $50.1 million, or 3.6%; HIP-3 perpetual contracts were $29.2 million, or 2.1%. Its research report stated that 95% of the protocol's fees are used to buy back HYPE, and to date more than $1.26 billion of HYPE has been bought back in the open market, with current OI hitting a new high of $9 billion.