Unit as HyperCore's tokenization layer: over $12M annualized revenue
Post101 words
Argues a liquid spot market is key for Hyperliquid and Unit is the tokenization layer onboarding assets like UBTC, UETH and USOL to HyperCore. Based on 30-day volume it earns over $12M in annualized revenue, and Hyperliquid, having won perps, moves on to spot.
Key claims
Unit generates over $12M annualized protocol revenue
Hyperliquid has already won perps among DEXes
A liquid spot market is crucial to any T1 exchange.
Hyperliquid is on the way there, and @unitxyz is the tokenization layer on HyperCore that enables spot assets from other chains to be onboarded to HL seamlessly.
Unit earns trading fee revenue from these assets (e.g. $UBTC, $UETH or $USOL), and based on cumulative 30D volume, generates >$12M in annualized protocol revenue already.
Among DEXes, @HyperliquidX has already won perps.
Now it's time to take over spot markets.
This will further accelerate asset inflows to HL, and spark more growth across the HyperEVM ecosystem as well.
You are not ready anon.
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