Comprehensive revenue tracking is live at Revenue by Source: perps, spot, HIP-3, priority fees, auctions, and HyperEVM, every stream as a share of protocol revenue. Income Statement: every fee line down to operating net income and margin, after the HLP cut and the builder and deployer distributions, with HYPE removed vs emitted below the line. Daily Revenue: total protocol income every day since December 2024, stacked by source. Revenue Mix Over Time: how each source's share of monthly revenue has shifted, with HIP-3, spot, and HyperEVM gaining on native perps. Revenue by Market: the individual coins that generate the fees, ranked, counted separately across their perp, spot, and HIP-3 markets. Revenue by Asset Class: the fee mix month by month across majors, HYPE, alts, memes, HIP-3 real-world assets, and spot. Fee Concentration: the share of fees paid by the top 1%, 0.1%, and 10% of wallets, with a Lorenz curve and Gini across every fee-paying wallet. Revenue by Hour & Weekday: when fees land across the day and the week, and the busiest hour and day. Effective Take-Rate: the fee earned per dollar of volume in bps, gross and net, the difference being the builder and deployer take. Builder & Deployer Revenue: the fees routed out to front-ends and HIP-3 deployers, sized against the protocol revenue itself. HYPE Retired Daily: what the Assistance Fund bought back and removed from circulation each day, and the pace it is running. Buyback Cadence: the same buys in finer detail, every bucket down to 5-minute resolution, with the average price paid. Buyback Cost Basis: what the AF paid for its HYPE against where it trades now, and whether the buyback is in profit. Liquidation Fees: the share of revenue that comes from forced liquidations. Hyperliquid.

We're joining forces with Hyperliquid Research Collective [@HyperliquidR]. The research hub and the data hub of Hyperliquid will build together. A powerful collaboration to make Hyperliquid easier to understand, and to contribute to its continued growth.

By community request, 5 new dashboards are live on trade[XYZ] Overview: the #1# HIP-3 deployer, fully tracked. Volume, fees, open interest, trader statistics, trader concentration, per-market activity and more. Hyperliquid Strategies Treasury History: the Nasdaq DAT's treasury over time. HYPE-per-share accretion, weekly accumulation and its share of HYPE supply. Assistance Fund Buyback History: the AF's HYPE buys over time, by day, week or month, with the average price it paid each period. Hyperion DeFi ($HYPD): the Nasdaq-listed HYPE treasury, now fully tracked. Real Inflation: HYPE's real emission rate. Validator issuance net of the buyback and burns, the emissions reserve, and a forward model of net supply, deflationary at today's pace. Hyperliquid.

Introducing: A real-time analytics dashboard for tracking the performance and dominance of Hyperliquid. brings the full picture of Hyperliquid into one dashboard. $HYPE economics, HIP-3, HIP-4, builder activity, and more. • $HYPE economics in real time: price, fees, revenue, supply burned, AF buybacks, TWAPs, the unstaking queue, validator economics • Hyperliquid market share against every major perp DEX, L1, and CEX | by volume and open interest • Full coverage of HIP-1, HIP-3, and HIP-4 | live deploy auctions, deployer rankings, pre-IPO perps, @tradexyz vs TradFi volumes, weekend RWA mission control, and outcome markets • Wall Street on Hyperliquid | HYPE spot ETFs (BHYP, THYP), the full ETF filing pipeline, every digital-asset-treasury company tracked against BTC/ETH/SOL incumbents, and HL revenue/FDV/P/E vs HOOD, NDAQ, CME, ICE, IBKR • Builder code revenue and HyperEVM activity, tracked in detail • Live capital migration into Hyperliquid from every chain • Stablecoin growth on Hyperliquid, across both HyperCore and HyperEVM • Yield on Hyperliquid | APRs, TVLs, and strategies for every lending market, LST, LP, and vault, HLP included • ~200 ecosystem projects indexed and searchable through a unified command palette. Native localization in English, Chinese, Japanese, Korean, Russian, Spanish, French, Vietnamese, Indonesian, Malay, and Hindi is a public good for the Hyperliquid community. Built to make the underlying of Hyperliquid easy to understand, and its growth simple to share. Hyperliquid.