Hyperliquid recorded about $9.19 billion in total trading volume over the past 24 hours, with the Builder channel contributing about $776 million, or 8.4% of the platform’s volume. According to BlockBeats On-chain Detection, the Builder channel has become a third-party traffic source that warrants continued monitoring.
Within the Builder channel, Phantom generated about $138 million in trading volume over the past 24 hours, accounting for 17.5% of Builder volume. Invo ranked second with about $65.92 million, representing 8.4%. Rabby and Insilico contributed 8.2% and 8.0%, respectively. A further 387 long-tail Builder sources collectively added about $264 million, or 33.5% of Builder volume.
Over the past seven days, the Hyperliquid Builder ecosystem produced about $1.4 million in fee revenue and covered roughly 56,000 users. Phantom remained the top Builder by fee revenue, while Invo led in user count.
Phantom contributed about $374,300 in fee revenue over the past seven days, representing 26.7% of total Builder revenue. MetaMask ranked second with about $198,100, followed by Invo at about $117,600.
Invo recorded about 15,000 users over the past seven days, accounting for 26.1% of Builder users and surpassing Phantom’s roughly 9,000 users. Over the same period, Invo’s user count rose about 35.2%, while Phantom’s user count fell about 5.3%.