According to The Block, last week's main blockchain fee revenue distribution shows that Hyperliquid ranked first with approximately 43% market share, with weekly fee income of about 11 million USD, mainly from user opening, holding, and closing positions in perpetual contract trading. In comparison, Ethereum's fee income was about 3 million USD, accounting for approximately 13%; Solana about 2 million USD, accounting for approximately 10%. The report states that after the Dencun upgrade, Ethereum's fees were significantly compressed, while although Solana has a higher DEX trading volume, high-frequency low-fee Meme trades have not effectively converted into fee income; Bitcoin's fee income share is relatively low due to a significant cooling of Ordinals and Runes activities compared to the 2024 peak.
According to The Block, last week's main blockchain fee revenue distribution shows that Hyperliquid ranked first with approximately 43% market share, with weekly fee income of about 11 million USD, mainly from user opening, holding, and closing positions in perpetual contract trading. In comparison, Ethereum's fee income was about 3 million USD, accounting for approximately 13%; Solana about 2 million USD, accounting for approximately 10%. The report states that after the Dencun upgrade, Ethereum's fees were significantly compressed, while although Solana has a higher DEX trading volume, high-frequency low-fee Meme trades have not effectively converted into fee income; Bitcoin's fee income share is relatively low due to a significant cooling of Ordinals and Runes activities compared to the 2024 peak.