Hyperliquid generates $4.1 million in fees, HYPE targets $80 after trendline test

Hyperliquid recorded approximately $4.1 million in protocol fees over the past 24 hours, equivalent to about 57,700 HYPE tokens at current market prices. This revenue highlights continued engagement on the decentralized exchange, which operates in both perpetual futures and spot trading segments. The platform’s revenue mechanism, particularly the Assistance Fund, continues to connect trading activity directly to HYPE token dynamics. A portion of Hyperliquid’s protocol fees is allocated to its Assistance Fund, which periodically purchases HYPE tokens from the open market.