Hyperliquid Revenue Surpasses $1.4B as HYPE Buybacks Exceed $1.26B
Photo: TronWeekly
Hyperliquid revenue has surpassed $1.4 billion, with more than $1.26 billion directed toward open-market HYPE buybacks, according to research by Castle Labs. The decentralized exchange also controls more than 56% of the onchain perpetuals market by open interest, highlighting its position in crypto derivatives. Hyperliquid revenue combines derivatives activity with a token repurchase mechanism. Additional data puts cumulative HYPE buybacks at approximately $1.36 billion as of October 10, 2026, with $72.2 million purchased over the previous 30 days. The different totals reflect separate reporting sources and measurement methods.
Also reported by Live Bitcoin News.
Source: TronWeekly
