Hyperliquid Priority Fees Generate Over $5 Million in Revenue

GLC Research said on X that Hyperliquid’s Priority Fees mechanism has generated more than $5 million in revenue. According to Odaily, the annualized buyback scale supported by that revenue has exceeded $30 million based on 14-day and 30-day averages, accounting for about 7% of HYPE’s total revenue. GLC Research added that the Priority Fees mechanism is still at a very early stage and said the figure is expected to keep rising. By the end of the year, the annualized revenue from the mechanism could reach $50 million to $100 million.