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H Henrik_on_HL
Henrik
@Henrik_on_HL

Seen A LOT of people saying Hyperliquid metrics are bad because revenue is flat > Open Interest at ATH > Market Share against Binance, Bybit and OKX at ATH > More 30D Volume than all DEXs together > More Open Interest than all other DEXs together > 65k unique traders on HIP-3 markets > 5,5B 24h HIP-3 volume > $1,27M average daily revenue > 1,6M total users on Hyperliquid > 100k daily active users Hyperliquid

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15 replies collected of 17 X reports
DogiDogi @DogiDogi21 ·

@Henrik_on_HL flat revenue with ATH OI means everyone's just vibing and not closing trades hyperliquid is the hotel california of perps

DMY. @Dmyonhl ·

@Henrik_on_HL Hyperliquid!

BrianBlue.hl @BrianBl39307294 ·

@Henrik_on_HL + everything in crypto is dead now Once things become more interesting where people will go to trade ? Binance ? Or the place they can trade anything from anywhere at any moment People don’t realize that HL is still extremely early

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DiaperLiquid @DiaperLiquid1 ·

@Henrik_on_HL None of what you said matters if revenue isn’t growing.

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JeanLuc @PunishedJeanLuc ·

@Henrik_on_HL Crypto volumes in July 2026 were the lowest they have been since November 2023, literally prior to the last halvening. There's no possible anyone with a brain can look at their present metrics as bearish for the platform, particularly in what is the trough of a cyclical downturn

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Log1kyr.hl @log1kyr ·

@Henrik_on_HL Just Hyperliquid things

Dexly.Trade @dexlytrade ·

@Henrik_on_HL flat revenue on record volume is a choice. buying share beats extracting it

farxxxxx @farxxxxx1 ·

@Henrik_on_HL fr user acquisition matters more than short-term revenue

Didi ♱ @didi_xbt ·

@Henrik_on_HL Hyperliquid

Vikingo.hl @VikingoDigital_ ·

@Henrik_on_HL Hyperliquid.

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Esty @sai_no_hanaya ·

@Henrik_on_HL people are retards like always

Mizzy (🐧, τ ) @mizzyonchain ·

@Henrik_on_HL They should just check the chain

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Prabh OnChain @Prabhonchainn ·

@Henrik_on_HL Exactly. 🤝 People get too fixated on a single metric. Flat revenue doesn't erase record market share, ATH open interest, or continued user growth. When multiple core metrics keep improving, it's worth looking at the bigger picture not just one chart. 👀📈

Sergio Marakis @SergioMarakis ·

@Henrik_on_HL I mean these metrics actually matter Real volume + real revenue + users growing Everything else is noise

Lisa Florentina @LisaFlorentina8 · 13K

@Henrik_on_HL That's quite impressive! The growth in open interest and unique traders is notable!