Hyperliquid has executed $240 million in buybacks over the past 90 days, a move that is tightening supply and contributing to bullish momentum around the decentralized exchange. The platform has surpassed Robinhood in monthly trading volume for the third consecutive month, with July spot and perpetual volume reaching $330.8 billion, exceeding Robinhood's $237.8 billion by $93 billion, or 39.1%. Hyperliquid’s 11-member team generates an annualized revenue of $1.167 billion, averaging over $100 million per person, surpassing Tether in revenue. Meanwhile, Avalanche has seen its weekly transactions reach 10.9 million, the highest since December 2023, with decentralized exchange volume hitting $3 billion for two consecutive weeks and total value locked nearing $4 billion for the first time in three years. This growth is driven by strong partnerships and developments in real-world assets and gaming sectors. Additionally, last week recorded the third highest decentralized exchange volume ever, only surpassed by two weeks in January. Chainlink’s SVR product on one lending market generated $1.1 million in non-toxic liquidation MEV revenue, illustrating countercyclical revenue generation amid rising market volatility and liquidation volumes.