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Hyperliquid's protocol revenue tops $1.4B with $1.26B used to buy back HYPE tokens

Protocol Fundamentals
09 Oct 2026
Tokenpost
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Bullish
Hyperliquid's protocol revenue tops $1.4B with $1.26B used to buy back HYPE tokens

Hyperliquid has surpassed $1.4 billion in cumulative protocol revenue, with over $1.26 billion reinvested in buying back its HYPE tokens on the open market. The platform also holds more than 56% of onchain perpetual-futures open interest, highlighting its dominance in this trading sector. Additionally, Hyperliquid expanded its trading infrastructure access through Builder Codes, enabling third-party wallets like Phantom and MetaMask to connect without building their own exchange systems. This growth signals strong market adoption and continued revenue expansion for Hyperliquid.

Hyperliquid's recent revenue milestone is context for cryptocurrency market activity on Pluang. As of Oct 10, 2026 09:01 WIB, 38 of 50 major cryptocurrencies rose while 11 fell. Kusama (KSM) gained 7.93% to Rp90.715 with 97% sell orders, Curve DAO Token (CRV) rose 6.81% to Rp6.474 with 71% sell orders, and Enjin Coin (ENJ) increased 6.40% to Rp576 with 95% sell orders.

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