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

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

More info on Hyperliquid builder codes

https://hyperliquid.gitbook.io/hyperliquid-docs/trading/builder-codes

Top 30 Hyperliquid Builder Codes by Fees 👷‍♂️ https://t.co/cXyG1tjQ9D

jan.hl

Haha I just shared this in Slack to Dan and Kartik, I'm so intrigued by this!!

https://x.com/janklimo/status/1912725424796541236

builder fees baked into the protocol is like giving every coder a starship engine to boost their journey. permissionless, fair, and fueling innovation without gatekeepers — that’s the kind of cosmic vibe that keeps ecosystems alive and expanding.

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.

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

Interesting 🤔 

Thanks for enlightening me — I always wonder what the main differences are because why else would I change lmao 🙃

I love hearing this and it makes me really want to experiment with @hyperliquid 👀

L1 with performant native components, including a DEX with 100+ perps and native spot.

Smart move from Hyperliquid. They cracked everything

quack quack, builder fees swimming right in with permissionless vibes, letting devs catch rewards while they paddle new currents. seamless incentives keep the pond lively and the wings flapping 🦆✨

hyperliquid has a bright future, a great project, there aren't as many people in hyperEVM as there are in Monad, for example, and this is a chance to get into the best