Hyperliquid already big, but its #HyperEVM is still early if you look at TVL. ~$1.7B sitting onchain, flat-ish recently, which is misleading when perp volume is pushing ~$6.7B daily. but that’s still early exchange-level flow happening onchain: – 230k daily tx – 2k new addresses/day – 1.1M total wallets – 26.5M LST $HYPE – $1.5B weekly spot DEX volume compared to other chains doing millions of tx daily, it’s not even close yet. but they’re clearly betting on something forming here: – 610k total contracts – 1.2k new per day let’s see what devs are devving. > @Kinetiq_xyz: leading liquid staking via kHYPE with $916M TVL, ~53.8% of chain TVL. > @tradexyz: done $156B cumulative volume with a $2.4B OI peak, mostly equities, oil, gold, silver. $45.5M annualized revenue. > @BasedOneX: $48.2M perp volume in 24h, $1.65B in the last 30 days, $9.6M annualized in fees driving protocol buybacks ( $BASED 2x recently ). they have a visa debit card that works at 90M+ merchants. > @felixprotocol: $168M TVL, synthetic USD native to HyperEVM. $2.95M/day in perp volume on the stable itself, $402k/month in fees > @hyperbeat: biggest yield aggregator at $64M TVL + $2.48M cumulative revenue the ecosystem launched about a year ago, and a lot of the novel strategies (delta-hedged vaults, agent arb bots, synthetic #RWA) are technically possible but not production-proven yet. #HyperEVM is still on its way to becoming the best place in crypto for an active onchain trader, imo

Strong foundation and real flow already. Execution over time will prove the thesis.