Hyperliquid's revenue has surpassed $16 million this week, up nearly 196% from last week

In comparison, according to Defillama data, Hyperliquid's revenue this week reached $16.93 million, up nearly 196% from last week's revenue of $5.72 million.

As the crypto market picked up this week, demand for perpetual contract transactions increased, and platform trading volume and fee revenue increased simultaneously.

Also, according to HTX market data, the Hyperliquid platform coin HYPE rose more than 37% this week and is now at $78.66.