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

2026-05-13 21:47

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

On-chain fees better reflect a network's actual value capture capability than transaction volume. Hyperliquid's fees mainly come from perpetual contract trading, with users paying related fees during the process of opening, holding, and closing positions.