Builder fees on Hyperliquid are really neat. It enables developers to earn trading fees for building apps on Hyperliquid. It's similar to a referral fee but built in at the network layer so permissionless for builders to start monetizing. Smart way for incentivizing new frontends

Crypto Fortochka

I've found very interesting dashboard on crypto DeFi projects and their revenues.

https://dune.com/dyorcrypto/cash-cows

This dashboard provides comprehensive analytics of the selected top crypto Cash cows, focusing on the relationship between token valuations and protocol revenue generation. The primary metric highlighted is the Fully Diluted Valuation (FDV) to Annualized Fees ratio, which serves as a valuation multiple similar to the P/E ratio in traditional finance.

Interesting that $CAKE is the most undervalued concerning on FDV/Annualized Fees Ratio
And $HYPE is the most revenue generating one.

Hyperliquid is one of the main crypto product this cycle.
And is the most revenue generating one.

Dev ecosystem @farcaster, cofounder @bountycaster. Prev: cofounder of Scalar Capital, product at Coinbase, coproducer @ethereumfilm

Hyperliquid is one of the main crypto product this cycle.
And is the most revenue generating one.
https://farcaster.xyz/kinglizard/0xe2f7152f