Hyperliquid’s HyperEVM Revenue Hits Record $500K+ as Meme Trading Surges

Meme-coin activity drove a surge in usage across Hyperliquid’s HyperEVM on Aug. 23, with the network collecting more than $500,000 in revenue in a single day, according to Wu Blockchain Data Center.

User activity climbed alongside revenue. HyperEVM decentralized exchange (DEX) recorded 25,500 trading addresses, its largest daily count since September last year.

Meanwhile, DEX trading volume and transaction numbers also increased significantly during the session, the data showed.

Source: Wu Blockchain Data Center