Hyperliquid builder fast growth and rewards are bringing new excitement to the crypto world. This scene is looking like the DeFi Summer of 2020.
Hyperliquid is a crypto project that has become quite famous now. Its builder code program has earned more than ten million dollars so far. This shows that people are getting more interested in this platform.
According to crypto research company Messari, the total revenue of Hyperliquid builder codes has crossed ten million dollars. This is proof that the platform is growing very fast and people are actively using it.
According to new data, the number of people building on Hyperliquid is increasing. In the beginning of July it increased even more. On 9th July the combined revenue from builder codes and referral fees was almost twenty million dollars.
But now when more people have become builders the total revenue is the same. Due to this the money received by each builder has reduced. Now everyone has to work harder.
All this shows that both the activity and interest on Hyperliquid are increasing. But now the rewards are being divided among everyone so everyone is getting less.
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Builder Code Phenomenon
People are creating and sharing their own unique referral codes. With these codes people can use Hyperliquid’s features and both the creator and the user of the code get rewarded.
This system gives users a chance to compete against each other. The more people join using someone’s code, the more rewards they get. This has made this system a game where everyone is in a race to win more rewards.
But the excitement is not just limited to builder codes. The whole system of Hyperliquid is now getting stronger, especially with HyperEVM. It is a smart contract layer that gives real use to the HYPE token.
So far, the perpetual trading volume on Hyperliquid builder has exceeded 1.5 trillion dollars. Daily volume is also going up to about 5.7 billion dollars. Up to 500 million dollars is locked in the system and about 3 crore HYPE tokens have been staked.
People are speculating that Hyperliquid is going to do a second airdrop, as the project still has 39 percent HYPE tokens left for future drops. The first airdrop took place in November 2024 in which 270 million tokens were given to more than 94 thousand people. This was a massive distribution in crypto history.
Messari analyst Sam wrote on X that the gold rush of builder codes is about to start. He says that the utility of HyperEVM and HYPE token together can bring effects like DeFi Summer.
Hyperliquid Builder: Echoes of DeFi Summer
In 2020, projects like Uniswap, Aave and Compound launched their tokens. People who used these platforms initially got rewards. Later, the value of those tokens increased a lot and the whole DeFi scene changed.
Now Hyperliquid is also doing something similar. It is providing useful features like perpetual trading and staking along with strong token rewards and referral system. Its builder code system is attracting new users and bringing fast growth.
If this growth continues in this way, then Hyperliquid builder can become the next big thing in crypto. It does not rely just on guesswork or hype but on a strong and community-based system where people get rewarded for real activity.
Why This Matters
The boom of Hyperliquid’s builder code shows that crypto platforms are now growing in a new way.
Now people are getting more involved not just in trading or investment, but in game-like systems and ideas that reward the community. Those who are active are getting benefits.
The second airdrop of HYPE token is also in the news, due to which interest has increased even more. If this system is successful, then it can become a new model for the crypto world where growth happens not only from speculation, but from real users and their activity.
This model can become a new way to grow crypto ecosystems in the next bull run.
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People Also Ask
What is Hyperliquid?
Hyperliquid is a fast Layer 1 blockchain that combines on-chain trading and smart contracts. Its goal is to create an open and powerful financial system.
Why is Layer 1 of Hyperliquid so special?
Its blockchain is specially designed for fast trading and DeFi. It uses the HyperBFT system that can handle 200,000 orders per second — getting the final result without delay. The HyperCore order book and HyperEVM smart contracts provide both speed and flexibility.
What is Builder Code in Hyperliquid?
Builder Code is a special invite code that users create. When you make someone join with your code, you get points or commission when that user becomes active.
What is the link between Builder Codes and HYPE token?
The more your builder code is used, the more points you get. These points are being linked to future HYPE token airdrops — meaning the more activity, the higher the chance of getting rewards.
How is Hyperliquid different from other DEXs?
Here you get very low fees, deep liquidity, and most importantly — you can directly copy top traders on-chain. This is a mix of social and copy trading which normally does not happen in DEXs
