Hyperliquid leads in weekly on-chain fee revenue, highlighting the value capture capability of vertical application chains

Odaily Planet Daily reports that data shows Hyperliquid captured approximately 43% of the market share in major blockchain fee revenue last week, ranking first with about $11 million in fee revenue.

Compared to trading volume, on-chain fees better reflect a network's actual value capture capability. Hyperliquid's fees mainly come from perpetual contract trading, where users pay related fees during position opening, holding, and closing processes.