According to Defillama, Hyperliquid’s weekly revenue plunged 70% from its peak, hitting $9.16 million for Dec. 22–28—the lowest since May.
Defillama data shows Hyperliquid’s revenue declined to $9.16 million during the week of December 22–28, marking a 70% drop from its previous $31.1 million peak. This represents the platform’s weakest weekly earnings since May.