HyperEVM daily network fees top $500K for record high

Daily fees on HyperEVM, the EVM environment on Hyperliquid’s HYPE-native layer-one chain, climbed above $500,000 to a record high. According to DefiLlama data, HyperEVM generated $538,080 in fees on Aug. 23. Hyperliquid uses network fee revenue to buy back and burn HYPE.