Hyperliquid Takes Half of Perp DEX Fee Pool as Overall Fees Slide

Huo Mars Finance cited DefiLlama data dated April 2 showing that total fees across perpetual DEXs have been trending lower in line with the broader market downturn. Even as the overall fee pool shrank, Hyperliquid continued to gain ground and now captures 50% of all Perp DEX fees. HIP3 commodities and stocks currently account for 40% of Hyperliquid's trading volume.