On the 12th, the research organization HRC (HyperLiquid Research Collective) released its quarterly report on the decentralized exchange HyperLiquid (HYPE). HRC is an organization established in 2025 by research firms Four Pillars and GLC Research, supported by companies related to HyperLiquid.
The protocol revenue for the third quarter (July to September) recorded $190.87 million (approximately 30.5 billion yen). Compared to the previous quarter...