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Hyperliquid Revenue Hits $190.9M in Q3 as USDC Yield Boosts Growth

TLDR: Hyperliquid generated $190.9M in Q3 revenue, marking a 21.7% increase from the previous quarter. USDC reserve yield contributed $17.3M, accounting for nearly half of the quarterly revenue increase. The Assistance Fund spent $148.7M on HYPE buybacks, purchasing 26.4% fewer tokens than in Q2. Equity perpetuals recorded $153.8B in HIP-3 volume, capturing 58.8% of quarterly [...]

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Source: Blockonomi →