Fun Fact: Hyperliquid's priority fees hit a new single-day record, as did its percentage of total revenue. On November 5th, priority fees reached a new single-day high, burning through the equivalent of $550,000 in HYPE (hybrid equity). On November 6th, priority fees as a percentage of total revenue also reached a new high, exceeding double digits at 13.4%. This ATH incident was a typical event-driven event; the extreme volatility of the US stock market amplified the demand for queue priority, fueling a large influx of priority fee payments. 100% of HYPE was directly burned.