According to @ranyi1115, Orderly builder fees start at 3 bps and drop to 1 bps when 7M $ORDER is staked or monthly volume surpasses $10B, source: @ranyi1115 on X, Aug 28, 2025. The platform is omnichain across 17 chains, supports multicollateral, and offers deep liquidity across 130 perpetuals markets, source: @ranyi1115 on X, Aug 28, 2025. Builders can launch a perps DEX in days, with the timeline expected to shorten to minutes, source: @ranyi1115 on X, Aug 28, 2025.

According to @KookCapitalLLC, venture capital firms and KOLs aligned with them have hurt retail participants, asserting that the way to build winners in crypto has changed and explicitly naming Hyperliquid as the focus, which provides a clear sentiment datapoint for traders tracking social-driven flows around that venue (source: @KookCapitalLLC on X, Aug 26, 2025).

According to @ai_9684xtpa, edgeX generated $2.83 million in protocol revenue over the last seven days, equaling 16% of Hyperliquid’s revenue and surpassing Ethereum, Base, Solana, and Lido over the same period, as shown in the shared revenue chart on X. According to @ai_9684xtpa, Hyperliquid climbed from obscurity to a global top-4 position in three years, while edgeX is roughly half a year old, indicating a faster revenue ramp within the perps DEX segment. Based on @ai_9684xtpa’s figures, traders can treat the rising fee share as confirmation of user activity concentration in perps DEX venues and track sector rotations by comparing perps DEX fee share versus L1/L2 fee indexes and ETH/SOL perpetual pairs’ funding and volume trends.