Hyperliquid Surpass Pump.fun in Fees as HYPE Token Hits ATH

Decentralized derivatives platform Hyperliquid has overtaken Solana-based meme coin launchpad Pump.fun in 24-hour fees. Hyperliquid generated $6.5 million in fees over the past day, more than four times Pump.fun's $1.5 million. The rise comes as more traders turn to leveraged markets, helping its native HYPE token reach a new all-time high of $82.43.