According to Odaily, Hyperliquid protocol generated $190.9 million in revenue during Q3 2026, up 21.7% from the previous quarter, marking its highest single-quarter revenue this year. USDC reserve yields contributed $17.3 million to Q3 revenue, while priority fee income reached $9.6 million, up 3.3 times quarter-over-quarter. Combined, these two revenue streams accounted for 14% of the protocol's total Q3 revenue.
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