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Crypto

HyperLiquid Sees a 31% Increase in Fees but a 3.8% Decline in Revenue in the First Half of 2026, Reports 21Shares

2026/08/22 00:47(Updated 2026/08/22 07:02)

CoinPost

Written by Enzo

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HyperLiquid Sees a 31% Increase in Fees but a 3.8% Decline in Revenue in the First Half of 2026, Reports 21Shares

Increased Fees Yet Decreased Revenue

Increased Fees Yet Decreased Revenue

On the 20th, Swiss cryptocurrency ETP major issuer 21Shares published its financial analysis for the first half of 2026 for the cryptocurrency derivatives exchange HyperLiquid (HYPE). According to research analyst Matt Mena, while total fees increased by 31% year-over-year to $419.3 million, core revenue returned to the protocol's treasury decreased from $317.5 million to $303 million, a reduction of 3.8%.

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