Setting a new single-quarter high for 2026, Hyperliquid protocol Q3 revenue reaches $190.9 million

Odaily reports: The Hyperliquid protocol's third-quarter revenue reached $190.9 million, up 21.7% quarter-over-quarter, setting a new single-quarter high for 2026. USDC reserve yield has generated a cumulative $17.3 million since August 27, accounting for about half of this quarter's revenue increase; priority fee revenue reached $9.6 million, a 3.3x increase quarter-over-quarter. The two revenue streams together account for 14% of the protocol's total third-quarter revenue, without requiring additional trading volume support.