Hyperliquid's August revenue was $106 million, a 23% increase from the previous month.

According to Odaily Planet Daily, Hyperliquid's August revenue reached $106 million, a 23% month-over-month increase, driven by nearly $400 billion in perpetual swaps trading volume. The platform holds approximately 70% of the decentralized perpetual swaps market. Due to recent manipulation of the XPL futures market by whales, Hyperliquiquit has implemented a 10x price cap and external data integration to improve price stability. ( The Block )