Hyperliquid RWA Perps Growth Outpaces Fee Revenue

2026-08-12

The decentralized derivatives platform Hyperliquid has seen its revenue decline for four consecutive quarters, coinciding with a record high in open interest for its real-world asset (RWA) perpetuals. This divergence is linked to the platform's fee-sharing mechanism.

Source: CoinDesk

Reported by VERA Newswire.