Hyperliquid Tops May Profit Charts, Beats TRX, ETH
The post Hyperliquid Tops May Profit Charts, Beats TRX, ETH appeared on BitcoinEthereumNews.com.
Hyperliquid became the most profitable blockchain in May 2025 with $72.3M profit. This marks a major comeback from a $13.5M exploit loss in March of this year. Trader James Wynn’s activity helped restore confidence; vault TVL soared 156% since April. HyperLiquid (HYPE) shot past its more established rivals to become the most profitable blockchain network in May 2025, according to new data from CryptoRank.io. The network reported a staggering $72.3 million in gross profit last month. This performance decisively outpaced industry heavyweights like TRON, which brought in $58.3 million, and Ethereum, at $21.8 million. This data, visualized in a chart from CryptoRank.io and Artemis.xyz, highlights what seems to be a growing trend: next-generation DeFi platforms like HyperLiquid are quickly gaining ground on legacy chains, not just in user interest but also in actual revenue generation. Top Chains by Gross Profit in May 2025 Hyperliquid’s success continued to grow, outpacing one metric after another. In May 2025, @HyperliquidX surpassed well-established networks such as TRON, Ethereum, and Solana in gross profit. pic.twitter.com/sE1H9ifnaL — CryptoRank.io (@CryptoRank_io) June 5, 2025 Other notable figures in the May profitability report include Base with $5.8 million, Solana at $4.7 million, and BNB Chain with $1.5 million. Arbitrum and Internet Computer trailed the top contenders, registering $953,000 and $866,000 respectively. Related: Hyperliquid’s Transparent Model Gains Momentum as HYPE Rises 8% Despite Weekly Dip From Exploit Collapse to Major Comeback What makes Hyperliquid’s top ranking so remarkable is that it follows a dramatic collapse just a few months ago. Back in March, the platform was rocked by a major exploit in its JELLY market. A user successfully manipulated the index price, which in turn falsely inflated asset values on the platform. The fallout from this incident was severe. The HyperLiquid vault, which acts as the platform’s internal market maker…
Filed under: News - @ June 6, 2025 6:26 am