Hyperliquid dominates weekly blockchain fee revenue as vertical chains gain ground
The Block
Hyperliquid led weekly blockchain fee revenue with 43% market share, outperforming general-purpose chains through specialized perpetual trading infrastructure.Summary
Hyperliquid captured 43% of the weekly blockchain fee market, totaling $11 million, primarily driven by perpetuals trading. This performance highlights the growing efficiency of vertical, purpose-built chains compared to general-purpose Layer 1 networks like Ethereum, Solana, and Bitcoin. While Ethereum and Solana maintain significant activity, their fee generation remains lower relative to volume, demonstrating that specialized infrastructure can capture value more effectively than high-throughput, general-purpose scaling.
(Source：The Block)