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Data: Hyperliquid Total Value Locked has reached nearly $3.4 billion, with an annualized fee revenue of $878 million.

BlockBeats News, June 8th, according to DefiLlama data, Hyperliquid has currently TVL (supports USDC, USDT) of $33.86 billion. In the past 24 hours, the platform's annualized fee has reached $878 million.

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Hyperliquid's open interest and trading volume have continued to hit new highs. However, due to the HIP-3 fee-sharing mechanism, the rise of third-party markets, and a lackluster ecosystem, the platform's retained earnings have been declining steadily. The HYPE buyback pressure, valuation support, and regulatory scrutiny are all under pressure simultaneously.
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