Hyperliquid's priority fees hit a record high during the US stock market crash on November 5th.
On November 5th, Hyperliquid's priority fees reached a record high of $521,000. This revenue accounted for 12.7% of the platform's total daily revenue, also a record high. During the US stock market crash, on-chain liquidation bots, arbitrageurs, and traders paid the aforementioned additional fees to validators or protocols in order to compete for priority in transaction processing.