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.
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.
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.