X @TylerD 🧙♂️
TylerD 🧙♂️·2025-09-02 11:19
Revenue Performance - Hyperliquid achieved $102.5 million in revenue and a new all-time high (ATH) [1] - Ethena generated $77 million in revenue, doubling Hyperliquid's revenue from the past week [1] - Pump recorded $47 million in revenue, nearly 50% of Hyperliquid's revenue [1] Valuation Comparison - Ethena's revenue is 2x Hyperliquid's with only 1/5th of Hyperliquid's Fully Diluted Valuation (FDV) [1] - Pump's revenue is nearly 50% of Hyperliquid's with only 1/12th of Hyperliquid's FDV [1]