Hyperliquid generates $38M in outsourced revenue last month: Grayscale

Hyperliquid , a decentralized derivatives protocol, reportedly generated $38 million in outsourced revenue in the past month, according to Grayscale. This figure aligns with Hyperliquid’s established revenue streams from third-party channels such as Builder Codes and HIP-3 markets. The protocol has a history of substantial revenue generation, with over $1.4 billion in cumulative protocol revenue and significant HYPE buybacks totaling over $1.26 billion. The recent revenue performance appears consistent with a robust financial outlook for Hyperliquid, potentially influencing market sentiment. Market participants may monitor any further announcements or partnerships by Hyperliquid that could influence its price trajectory.

Source: Crypto Briefing