Hyperliquid has emerged as the highest revenue-generating protocol in the blockchain sector, according to the 2026 Hyperliquid Outlook Report. The report highlights that the company, with a team of just 11 members, has facilitated $2.77 trillion in transaction volume. Key drivers of this growth include its perpetual contracts market, Builder Codes, the native stablecoin USDH, and the upcoming HIP-3 perpetual market.