According to the latest data from Defillama, the decentralized trading platform Hyperliquid has generated $25.19 million in revenue this week, marking a strong growth trend for the third consecutive week.
Token Performance Stands Out
Despite Bitcoin's price dropping to $60,000 at one point, Hyperliquid's native token HYPE surged from its January 21 low of $20.5 to over $38, currently trading at $31.5, reflecting strong market confidence.
Outperformance in a Down Market
Over the past two weeks, the HYPE/BTC exchange rate has increased by over 70%, demonstrating its resilience even in a bearish market environment.
- Hyperliquid weekly revenue: $25.19 million
- HYPE price range: $20.5 to $38
- Current HYPE price: $31.5
- Bitcoin recent low: $60,000
- HYPE/BTC exchange rate gain: Over 70%