Revenue

Every dollar of PerpLog builder-code revenue, daily. 100% stays with PerpLog to fund infrastructure, founder compensation, future team salaries, and HYPE accumulation staked on Hyperliquid. No prize pools, no redistribution theater — see the fee model for why.

Daily fee revenue — last 2 days
Last entry: 2026-04-17
2d total
$0.00
Daily avg
$0.00
Entries
2
Source: feeFlowLedgerFirestore collection (public-read). Computed daily from Hyperliquid's builder_fills CSV at stats-data.hyperliquid.xyz. Reconstructible — anyone can re-fetch the raw CSV and sum the fee column to verify.

Where the money goes

The builder-code fee arrives in USDC on the PerpLog hot wallet (0xb9A5…75E6). Internal waterfall, in order:

  1. Infrastructure — Firebase, Cloudflare, Google Cloud, AI APIs, domains. Actual cost, itemized.
  2. Founder cash draw — ratchet with MRR, $50k/month hard ceiling.
  3. Team salaries at market rate, once hires come online.
  4. Runway reserve, 3–6 months operating buffer.
  5. Surplus → HYPE accumulation. USDC swapped to HYPE on the Hyperliquid spot market and staked on Hyperliquid. Live balance at /stats/hype-position.

Full spec + ratchet table on /docs/compensation.

Principles

  • The chain is authoritative, not the dashboard. Everything on this page is a convenient view of data anyone can reconstruct from the on-chain builder fills CSV and the published rules. Dashboard vs chain mismatch → chain wins, and we fix the dashboard.
  • No hidden buckets. The waterfall above covers 100% of revenue. Nothing unaccounted for. If a new bucket is added (e.g. a grants pool), it ships with a 60-day public notice.
  • No retroactive edits. Past ledger entries are not re-stated. Corrections are appended as new entries, never silent overwrites.

Related: HYPE position · fee model · compensation · no-token philosophy · why we killed the Season prize pool.