The total trading volume for Hyperliquid's HIP-3 spot listing event has exceeded the $5 billion mark. This milestone underscores the high level of liquidity and user participation on the decentralized exchange during the campaign. The surge in volume reflects growing traction for the platform's spot markets. [Update 1] Builder Ecosystem Revenue Growth New data shared by community researchers indicates that the Hyperliquid builder code ecosystem has generated over $45 million in total revenue. Top applications within the ecosystem, such as Phantom and Based, have reportedly earned approximately $11 million each. This revenue growth, accompanied by high trading volumes on specific pairs, highlights the increasing economic activity and developer engagement on the platform.