Trust wallet has overtaken both MetaMask and Phantom in 24-hour revenue generated on HyperliquidX, according to data published by Crypto Briefing. The shift marks a notable change in wallet revenue dynamics on the decentralized exchange platform, and it may boost interest in Hyperliquid itself — potentially influencing market sentiment and future valuation predictions.
What the data shows
HyperliquidX, a decentralized exchange built on the Hyperliquid blockchain, tracks revenue contributions from connected wallets. For the 24-hour period ending recently, Trust wallet pulled ahead of the two dominant players — MetaMask and Phantom. The exact revenue figures weren't disclosed in the report, but the ranking change is clear.
Trust wallet's rise comes as the wallet continues to expand its user base, particularly among traders looking for a simple mobile-first experience. MetaMask and Phantom have long held the top spots in wallet activity across multiple chains, so this is a real shift.
The revenue data isn't just a vanity metric. Wallet activity on HyperliquidX directly reflects trading volume and fee generation on the platform. When a wallet like Trust wallet takes the lead, it suggests a growing segment of users are choosing that wallet to interact with HyperliquidX.
That could mean more attention on Hyperliquid itself. The report notes the shift may boost interest in Hyperliquid, influencing market sentiment and future valuation predictions. In other words, if more people are using Trust wallet to trade on HyperliquidX, the broader Hyperliquid ecosystem stands to benefit.
Neither MetaMask nor Phantom has commented on the data. But the competition among wallets for DEX revenue share is likely to intensify. Trust wallet's lead could be temporary — or it could signal a longer-term trend. For now, the Hyperliquid community will be watching to see if the revenue gap widens or narrows in the coming days.
