Hyperliquid has recently performed remarkably well. According to on-chain data statistics, in the past 24 hours, Hyperliquid topped the public chain fee income list with over $2 million in fee revenue, indicating that the trading activity on this chain is quite hot. EdgeX and Solana follow closely behind, occupying the second and third positions respectively. The reason these chains stand out is due to the driving force of leading applications within their ecosystems—whether it’s derivatives trading, lending protocols, or other innovative products, all continuously accumulate user activity, which is directly reflected in the chain’s fee income. From this perspective, the essence of public chain competition still boils down to application and user stickiness.

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TommyTeachervip
· 01-18 01:21
2 million dollars in fees, Hyperliquid is really on fire Hyperliquid has truly held up this wave, surpassing SOL is quite impressive Honestly, applications are the key, without users everything is meaningless Why did Hyperliquid suddenly become so fierce? Are derivatives trading so aggressively? The ultimate outcome of public chains still depends on whose application ecosystem is solid; on-paper data is meaningless No, how can Hyperliquid outperform Solana? That’s not common It's again fee income; can this metric really explain the issue? Hyperliquid’s trading activity is indeed impressive; this is true competitiveness EdgeX is also rising? Not much attention has been paid to this chain I agree with the concept of application stickiness; a public chain without users is just a display
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ContractExplorervip
· 01-17 21:59
hyperliquid this wave is really fierce, with $2 million in fees directly surpassing expectations. Who would have thought? sol is still stable, but it seems like each ecosystem has its own unique approach. Applications are the key; without user stickiness, even the most impressive data is useless. That's why the popularity of derivatives trading is so crucial, as it directly boosts the entire chain. Wait, how did EdgeX suddenly rise? I haven't been paying much attention to this chain. Public chain competition, to put it simply, is about whose applications can better retain users. Money often follows the hype. I'm not sure how long hyperliquid can maintain this momentum, but it's definitely worth keeping an eye on.
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MysteriousZhangvip
· 01-15 12:18
Hyperliquid really held it together this time, earning 2 million USD in fees in one day, indicating there is indeed demand in the derivatives sector. Application is the key, the ecosystem has nothing to play with, and users are leaving very quickly. Sol is still stable, but I didn't expect Hyperliquid, this dark horse. High fee income does not equal a strong blockchain itself; the key is how long the ecosystem can survive. Now public chains are all about application innovation; pure technology alone is no longer enough. Hyperliquid is hot, but I'm worried about what happens after the bubble bursts. But looking at these numbers, it really seems quite impressive, quite interesting.
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MetaMaskVictimvip
· 01-15 12:01
Wow Hyperliquid, this is about to take off! $2 million in fees, directly crushing Solana. Hyperliquid is hot, but I'm just worried it might be another flash in the pan. The data looks good, but can it really retain users? Or will there be another wave of rug pulls? Honestly, it's still all about applications. No good products, no matter how high the fees, are worth much. Hyperliquid is indeed crazy, but I’ll wait and see before jumping in. The risk is too high. The ecosystem is so competitive that ordinary users really can't make money. But on the other hand, this wave does have some substance worth paying attention to. Is the fee revenue truly surpassing others, indicating real activity, or is it just hype? EdgeX and Solana are as stable as a rock; maybe these two are more reliable. User stickiness is the key. How long can Hyperliquid last?
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rekt_but_vibingvip
· 01-15 12:00
Hyperliquid this wave is really fierce, earning 2 million dollars in fees in just one day. This is truly a money-making machine. --- Solana is still stable, but hyperliquid, this rising star, definitely has something. --- It's application-driven and user stickiness... Basically, whoever's product is better to use wins. --- Wait, has hyperliquid surpassed sol? It must be really popular. --- Derivatives trading indeed easily attracts fees, no problem. --- Public chain competition ultimately comes down to who can retain users; everything else is nonsense. --- Hyperliquid is rising, should I consider jumping in? --- Earning 2 million in fees sounds a lot, but Solana is truly stable. --- It feels like a new dark horse chain appears every month. This time, it's hyperliquid. --- Applications are the key; chains without good applications will eventually fade away.
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NFTArchaeologistvip
· 01-15 11:58
2 million USD in fees, is that real? Is Hyperliquid really that powerful? Everyone wants to be the next Solana, but only a few top applications can really compete... Hyperliquid's comeback was unexpected, quite interesting. Fee rankings can reveal the true popularity of a chain; data speaks for itself. But how long can this popularity last? Continuing to observe. The race rotates so quickly; who dares to say they'll be number one forever? Application and user stickiness are important, but actually achieving it is really difficult. The ranking changes this time are too fast, it feels a bit fake. Derivatives trading indeed generates fees; Hyperliquid is definitely strong in this area.
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OvertimeSquidvip
· 01-15 11:55
Hyperliquid is booming, with $2 million in fees taking off directly. Now it's their turn to be the boss. Derivatives trading is indeed the king of attracting funds; users love this aspect. The application ecosystem is the real key; no matter how strong the public chain is without good applications, it's useless. Hyperliquid's recent surge is quite interesting; it depends on how long they can sustain it. Public chains compete more on ecosystem vitality than just TPS and speed. Will fees surpass Solana? We’ll have to wait and see when that happens. Why does EdgeX seem so weak in this space? Are there no killer applications?
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OnchainGossipervip
· 01-15 11:55
2 million dollars in fees, Hyperliquid is really taking off this time I heard the ecosystem applications are booming, but the speed really can't be sustained Public chains are heating up, it's hard to say who the next one will be Fee income is real money, something that can't be faked Solana is still in third place, gotta think of a way now The saying "Application is king" is true, without users, everything is pointless Stop, I just want to see who can hold on until the end How long this hype can last, I have no idea Ecosystem competition is accelerating, interesting
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DegenWhisperervip
· 01-15 11:53
2 million dollars in fees, hyperliquid really broke through this time --- Is Solana being pushed back again? The changes in this track are really fast --- To put it simply, application is king; a strong ecosystem is the hard truth --- hyperliquid's derivatives ecosystem is indeed competitive, I think it will succeed --- Wait, is this real data or just marketing again? Need to check --- Public chain competition is a game of user stickiness; whoever can keep users wins --- Edge chains can also stand out; this cycle really has no ceiling --- HandX and Solana falling behind? It's not that simple --- Application-driven fees, this logic is correct, but how long hyperliquid can hold is the real question --- Every chain claims to have the strongest ecosystem; I only believe it when I see it
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