Hyperliquid reported a record-breaking revenue of $106 million for August, marking a 23% increase from the previous month. This surge was fueled by nearly $400 billion in perpetual swaps trading volume, solidifying Hyperliquid's dominance with a 70% share of the decentralized perpetual swaps market. In response to recent market manipulation incidents involving XPL futures, the platform has introduced a 10x price cap and integrated external data to enhance price stability. Additionally, 21Shares has launched Hyperliquid-related trading products on the SIX Swiss Exchange, further expanding its market presence.