Hyperliquid Weekly Revenue Surpasses $20M as Open Interest Hits Record 7.9%
- Revenue Recovery: Hyperliquid's weekly revenue rebounded to $20.22 million during the June 1-7, 2026 period, marking the first break above the $20 million threshold since February 2026, signaling a reset in the trading cycle that is likely to attract more user participation.
- Record Open Interest Share: The platform's share of perpetual futures open interest reached 7.9%, a record high that reflects increasing trader confidence in decentralized infrastructure, further driving capital inflows into the ecosystem.
- Stable Liquidity and Trading Volume: Hyperliquid's total value locked stands near $5.9 billion, with a trading volume of $222 billion processed over a 30-day window, indicating that liquidity remains stable amid market volatility, supporting ongoing derivatives trading activity.
- Growth in Annualized Fees and Revenue: Annualized fees exceed $1.05 billion, with revenue approaching $881 million, primarily driven by perpetual futures trading volume, showcasing the platform's strong performance and user engagement in the derivatives market.
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Technical Analysis for DEGEN
Technical Sentiment Analysis for Degen (DEGEN). As of , Degen (DEGEN) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 4 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DEGEN stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, DEGEN is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Degen (DEGEN) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000334 | 0.000749 | 0.00117 | 0.00158 | 0.00201 | 0.00242 | 0.00284 |
| Fibonacci | 0.000749 | 0.00107 | 0.00127 | 0.00158 | 0.0019 | 0.0021 | 0.00242 |
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