Hey, I was looking at the revenue data for Hyperliquid and found it interesting. According to DefiLlama, the protocol raised $3.27 million yesterday, the highest amount in almost two months. I mean, since mid-February, I haven't seen a number like that.



To give an idea of the size, it's well behind Tether, which is at $16.41 million, and also behind Circle with $6.77 million. But considering we're talking about a decentralized derivative, the number is quite significant. The data from DefiLlama shows that activity is really growing.

What's interesting is that we're seeing this kind of movement more frequently lately. Protocol revenue is a good indicator of health, and when you look at DefiLlama and see these peaks, it usually means more volume is being moved. It's worth keeping an eye on this metric.
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