Hyperliquid HIP-3 has generated approximately $75.08 million in cumulative trading fees, with $37.01 million distributed to market deployers and $38.07 million allocated to the protocol's Assistance Fund. This fee split highlights the platform's revenue-sharing model between liquidity providers and protocol sustainability mechanisms.
The Assistance Fund automatically converts its portion of trading fees into HYPE tokens during on-chain execution. These tokens are permanently removed from both circulation and total supply, creating a deflationary mechanism tied directly to platform trading activity.
Hyperliquid HIP-3 Trading Fees Surpass $75 Million as Protocol Burns HYPE
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