Hyperliquid Releases Q2 Report: RWA Transaction Volume Share Rises to 32.2%, HYPE Surges 79% to Hit All-Time High

BlockBeats News, August 6th, the Hyperliquid Research Collective (HRC) released the Q2 2026 report, stating that the trading volume of Real World Assets (RWA) perpetual contracts on the Hyperliquid platform continued to grow. The proportion of HIP-3 related transactions increased from 1.8% in the previous quarter to 20.7%, further reaching 32.2% in Q2. The quarterly trading volume reached $213 billion, accounting for nearly a third of the platform's total trading volume.

The report shows that during Q2, the Hyperliquid ecosystem received more attention from traditional finance. Three HYPE ETFs have started trading, providing investment channels for institutional investors who cannot custody tokens directly. At the same time, fund management companies like Hyperliquid Strategies continued to build up HYPE reserves. Currently, the funds and related treasuries collectively hold about 7.7% of the HYPE supply.

In terms of data, HYPE rose by 79% in Q2, hitting a new all-time high of $76.90, while Bitcoin fell by 14% during the same period. Hyperliquid protocol revenue resumed growth after hitting a low point in April. The end-of-quarter monthly revenue reached $169 million, surpassing $1 billion in cumulative protocol revenue, with $141 million returned to holders through the buyback mechanism.