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Hyperliquid developer code integration revenue has reached $90 million, with MetaMask and others joining

2026-07-28 14:50
Odaily Planet Daily News Hyperliquid has become a decentralized exchange used by many traders for perpetual contract trading. Its Ethereum-compatible module, HyperEVM, directly connects to the self-developed HyperCore blockchain, allowing applications such as wallets and exchanges to provide perpetual contract trading and other services based on its shared liquidity.

Currently, hundreds of developers are deploying or integrating through Hyperliquid's builder codes system, including MetaMask, Phantom wallet, and South African exchange VALR. Flowscan data shows that related developers have generated approximately $90 million in revenue so far.

Since October 2025, MetaMask has provided users with access to self-custodial perpetual contracts within the wallet and charges a 0.1% builder fee. VALR CEO Farzam Ehsani stated that the exchange previously built its own perpetual contract infrastructure, but due to insufficient liquidity and trading volume, it chose to connect to Hyperliquid's order book.