Hyperliquid surpasses Bitcoin, Ethereum, and Solana in network fee revenue

Source: Criptonoticias Original Title: The network that collects the most in fees is neither Bitcoin, nor Ethereum, nor Solana Original Link:

Hyperliquid leads in fee collection

Hyperliquid collected around 2 million dollars in daily fees on January 16, establishing itself as the network with the highest fee revenue.

This milestone allowed it to surpass Solana (USD 1.4 million), Tron (USD 1.1 million), BNB Chain (USD 521,000), Bitcoin (USD 316,900), and Ethereum (USD 314,900), according to Artemis Analytics data.

According to the data, the total fees among the main networks hovered around 5.8 million dollars, with Hyperliquid concentrating the largest individual share.

As of January 16, the average fees on that network were around USD 0.025 per transaction, according to the Hyperscreener explorer.

Reflection of growing use in leveraged markets

Fees on Hyperliquid reflect the increasing use of its leveraged markets. It has even become common on social media to track whales betting for or against the markets. Due to its open nature, anyone can see traders’ positions on the network.

Hyperliquid has led since 2025

Hyperliquid is a trading-focused network, especially in derivatives markets, designed to process a high volume of transactions with low latency and reduced costs. Hence, the accumulated fee figure is not a circumstantial fact.

Data shows that since May 2025, Hyperliquid has maintained its position as the network that raises the most money in fees, with October being the month with the highest earnings, when it surpassed 107 million dollars.

Beyond maintaining current leadership in this metric, Hyperliquid’s monthly fee total has shown a downward trend since October. For example, last December, it collected nearly 50 million dollars in fees, less than half of what it recorded in October. However, other networks, such as Bitcoin and Ethereum, have also shown negative behaviors regarding fees, suggesting a general market trend.