Hyperliquid leads in weekly on-chain fee revenue, highlighting the value capture capability of vertical application chains

According to Odaily, data shows that Hyperliquid accounted for approximately 43% of the market share in major blockchain fee revenues last week, ranking first with about 11 million US dollars in fee income.

Compared to trading volume, on-chain fees better reflect the network's actual value capture capability. The fees on Hyperliquid mainly come from perpetual contract trading, where users pay related fees during opening, holding, and closing positions.