Hyperliquid Reaches New Milestone: Dominates Blockchain Fee Market

Hyperliquid has secured a dominant position in the blockchain fee market, generating over $20 million in daily transactions in just 24 hours, surpassing established platforms like BNB Chain, Ethereum, and Solana. Artemis data reveals this remarkable surge following the recent HIP-3 upgrade that introduced permissionless perpetual markets. This move positions Hyperliquid as one of the most active DeFi infrastructures globally with trading volumes and transaction fees reaching record highs.