Building the ultimate ecosystem for on-chain trading.
Joined December 2025
- Tweets 143
- Following 5
- Followers 267
- Likes 398
83 Photos and videos
HIP4 Trading Volume
In First Month Total Volume 150M
@HyperliquidX | @Outcomexyz | @StratiumX | @LiquidictionHL
HIP4 Trading Volume
In First Week Total Volume 23.76M
@HyperliquidX | @Outcomexyz | @StratiumX | @LiquidictionHL | @Markets_xyz ...
1
8
653
Wallets are no longer just storage apps.
On Hyperliquid, they’ve become revenue-generating trading platforms.
May 11
Congratulations to Phantom on reaching $20M in builder code revenue on Hyperliquid in under a year. Users can trade 200 markets in the Phantom app, including crypto, indices, commodities, and more.
To date, 100 teams have integrated via builder codes, earning a share of fees on every trade their users make.
1
1
7
398
Perps Volume By Wallets
Hyperliquid-powered perp trading crossed $1.1B in volume this week.
@phantom Wallet led the charts with the highest trading volume, while @TrustWallet which just launched perp trading this week already secured the #4 spot.
3
1
11
3,879
HIP4 Trading Volume
In First Week Total Volume 23.76M
@HyperliquidX | @Outcomexyz | @StratiumX | @LiquidictionHL | @Markets_xyz ...
1
15
1,133
Coinbase outages keep happening.
- 36 incidents in March.
- 28 incidents in April.
- 9 incidents already in May.
When volatility increases, centralized systems struggle under pressure.
This is exactly why more traders are moving toward on-chain platforms like Hyperliquid:
• 24/7 market access
• No dependence on a single centralized backend
• Self-custody & transparency
• Better execution during high activity
The future of trading is on-chain.
May 8
JUST IN: Coinbase crypto trading remains down for over 5 hours as outage continues.
3
3
10
496
HIP3 Trading Volume In May First Week
Total Volume 16.37B
@tradexyz | @Dreamcash | @Markets_xyz | @hyenatrade | @felixprotocol | @ventuals ....
4
2
15
2,215
HIP3 trading volume in April
@tradexyz | @Dreamcash | @Markets_xyz | @hyenatrade |
@felixprotocol | @ventuals | @tradeparagon ...
3
10
286
HIP4 Mainnet Live
@HyperliquidX | @Outcomexyz | @LiquidictionHL |
@StratiumX | @novadotmarkets .....
HIP4 Platforms ,
HIP4 is a new primitive on Hyperliquid that enables the creation of outcome-based markets directly on-chain.
It introduces standardized contracts for prediction markets, allowing developers to build platforms where users can trade on real-world outcomes.
By combining liquidity, execution, and outcome resolution, HIP4 turns prediction markets into a native part of the trading ecosystem.
@HyperliquidX This is core infrastructure behind HIP4.
Provides the execution layer, liquidity, and on-chain orderbook that powers outcome-based contracts and trading activity.
@Outcomexyz A prediction market platform built on HIP4.Focused on real-world events, Sports , Politicals allowing users to trade on outcomes through simple, accessible market interfaces.
@LiquidictionHL An experimental prediction market platform exploring new ways to structure outcome-based trading.Focused on building flexible and interactive market experiences using HIP4.
@StratiumX A developing platform within the HIP4 ecosystem.Exploring advanced strategies and tools around outcome-based markets and user participation.
HIP4 introduces a new layer to on-chain trading ,where markets are no longer limited to assets, but extend to outcomes, events, and narratives.
As more platforms build on top of HIP4, prediction markets could become a core part of the Web3 trading stack, alongside perps and spot markets.
6
1
15
989
HIP3 Markets ,
HIP3 introduces a new model for on-chain trading enabling external teams to deploy fully functional trading venues directly on Hyperliquid’s infrastructure.
Instead of a single exchange interface, HIP3 creates a network of specialized platforms, each with unique strategies, users, and market focus.It transforms Hyperliquid from a product into an ecosystem of trading experiences.
@tradexyz was the first to push 24/7 trading for stock-like markets on Hyperliquid, removing the traditional limitation of market hours.
They are also deeply involved in powering the backend infrastructure behind stock markets on Hyperliquid, making them one of the most important builders in this vertical.
Not just a UI they are shaping how these markets exist.
@Markets_xyz focuses on bringing macro and traditional markets (like indices) into the on-chain environment.
Their approach bridges the gap between:
- traditional finance exposure
- on-chain execution
Turning crypto platforms into broader financial hubs.
@hyenatrade focuses on active traders and fast execution, creating a platform designed for users who operate in volatile, fast-moving markets.
The emphasis is on:
- Speed
- Positioning
- Aggressive strategies
A platform aligned with trader behavior, not just infrastructure.
@ventuals Ventuals is experimenting with narrative-driven and structured markets, pushing beyond standard trading formats.
Their focus is on:
- New market types
- Evolving participation models
- Blending trading with themes and narratives
Not just trading assets trading ideas.
HIP3 represents the unbundling of the exchange itself.
Where infrastructure, liquidity, and interface are separated allowing each layer to evolve independently.
This is how ecosystems grow.
1
5
281
HIP 4 Markets Here
x.com/MetaPerp/status/204875…
HIP4 Platforms ,
HIP4 is a new primitive on Hyperliquid that enables the creation of outcome-based markets directly on-chain.
It introduces standardized contracts for prediction markets, allowing developers to build platforms where users can trade on real-world outcomes.
By combining liquidity, execution, and outcome resolution, HIP4 turns prediction markets into a native part of the trading ecosystem.
@HyperliquidX This is core infrastructure behind HIP4.
Provides the execution layer, liquidity, and on-chain orderbook that powers outcome-based contracts and trading activity.
@Outcomexyz A prediction market platform built on HIP4.Focused on real-world events, Sports , Politicals allowing users to trade on outcomes through simple, accessible market interfaces.
@LiquidictionHL An experimental prediction market platform exploring new ways to structure outcome-based trading.Focused on building flexible and interactive market experiences using HIP4.
@StratiumX A developing platform within the HIP4 ecosystem.Exploring advanced strategies and tools around outcome-based markets and user participation.
HIP4 introduces a new layer to on-chain trading ,where markets are no longer limited to assets, but extend to outcomes, events, and narratives.
As more platforms build on top of HIP4, prediction markets could become a core part of the Web3 trading stack, alongside perps and spot markets.
1
44
Conviction Markets by @novadotmarkets
A new way to create markets.
Instead of waiting for exchanges to list assets, markets are formed through real demand where ideas, capital, and traders come together before an orderbook even exists.
This changes everything:
• Discovery becomes trading
• Liquidity forms early
• Users are captured from day one
Market creation is no longer a decision. It’s a process driven by conviction.
1
7
139
Top Revenue-Generating Crypto Platforms Q1,
Revenue is one of the clearest signals in crypto. It shows where users are active,where value is being captured,
and which platforms are turning usage into sustainable growth.Q1 2026 gives us a clear snapshot of that.
From trading platforms to infrastructure and financial products,these are some of the top revenue-generating players in crypto right now.
Each one represents a different narrative ,but all of them are capturing real economic activity.
1. @HyperliquidX ( $194M ) - This level of revenue isn’t surprising - strong execution, deep liquidity, and consistent user activity have positioned it as a core trading layer.With the upcoming expansion of primitives like HIP4,there’s a strong case that this could scale even further.
2x from here isn’t unrealistic if adoption continues.
2. @CantonNetwork ( $190M ) - Canton represents a different side of the market institutional-grade infrastructure.Its revenue reflects growing demand for permissioned, compliant financial systems on-chain.
As traditional finance continues exploring blockchain rails,platforms like Canton could see even more growth.
3. @trondao ( $82M ) - TRON remains one of the most consistent revenue generators in crypto.
Driven largely by stablecoin activity and transaction volume,it continues to capture real usage at scale.
Not the most hyped but always active.
4. @Pumpfun ( $80M ) - One of the most surprising revenue stories. By simplifying token launches and leaning into meme culture, Pump.fun has created a high-frequency, high-engagement environment.
It shows how attention can directly convert into revenue.
5. @Grayscale ( $61M ) - Traditional finance meets crypto exposure. Grayscale’s revenue comes from structured investment products,Proving that institutional demand for crypto exposure is still strong.
A different model but still highly effective.
6. @SkyEcosystem ( $52M ) Sky is quietly building within the ecosystem.Its revenue reflects growing activity and usage,positioning it as a project to watch as the ecosystem evolves.
7. @Polymarket ( $40M ) Prediction markets continue gaining traction.
Polymarket has been at the center of this narrative,
turning real-world events into tradable markets.
As this category grows, platforms like this could scale rapidly.
8. @AxiomExchange ( $34M ) Axiom represents the newer wave of trading platforms.Still early, but already generating meaningful revenue a sign of strong product-market fit.
These figures reflect estimated revenue across crypto products.
If there are any inaccuracies, feel free to point them out in the comments.
2
2
10
2,553