Hyperliquid Ecosystem Surpasses $100M Run-Rate on Third-Party Growth

Hyperliquid’s third-party ecosystem has reached a milestone, achieving an annualized revenue run-rate of over $100 million in the first quarter of 2026. The numbers tell a story of increasing adoption that few in the industry expected. Third-party ecosystem revenue sat at $23 million in Q1 2025. It dipped to $5 million in Q2 before recovering […] Read The Full Article Hyperliquid Ecosystem Surpasses $100M Run-Rate on Third-Party Growth On Coin Edition.