Hyperliquid Overtakes Solana in July Revenue Race, Remittix Wallet Aims to Challenge Coinbase and Binance

A major shakeup has occurred in the DeFi landscape as Hyperliquid surpassed Solana’s revenue figures for July. This shift signals growing demand for decentralized exchanges that offer high performance and liquidity. Increased trading volume on platforms like Hyperliquid likely stems from traders seeking lower transaction fees and improved execution speeds, particularly within the DeFi realm.