BREAKING ：Hyperliquid & BNB Chain surge in L1 fee share as Solana momentum cools

Fresh DefiLlama data indicates derivatives trading is now driving L1 fee dominance:

Hyperliquid — ~40% of L1 fees

BNB Chain — ~20%

Solana — down from 50%+ earlier this year to ~9%

Key drivers:

Drop-off in Solana memecoin activity

Fewer breakout native apps

Rapid growth in leveraged trading on Hyperliquid & BNB Chain

Result: The fee landscape is rapidly shifting, with derivatives activity reshaping L1 market share dynamics.

#Hyperliquid #BNBChain #Solana #DefiLlama