Hyperliquid's transaction fees hit a new high in 30 days, and perpetual contract trading volume doubled

The fee revenue of the decentralized perpetual contract trading platform Hyperliquid has risen to a 30-day high, with the trading volume of perpetual contracts doubling during the same period.

On October 29, the platform's perpetual contract transaction volume reached 17.44 billion USD, with a liquidation amount of approximately 252 million USD, while open positions saw a decline.