Key Metrics
Fees (Annualized)$17.61m
Fees 30d$195,229
Hyperliquid L1$195,229
Fees 7d$27,039
Hyperliquid L1$27,039
Fees 24h$8,168
Hyperliquid L1$8,168
Cumulative Fees$16.89m
Hyperliquid L1$16.89m
Revenue (Annualized)$16.46m
Revenue 30d$125,954
Hyperliquid L1$125,954
Revenue 7d$17,943
Hyperliquid L1$17,943
Revenue 24h$4,380
Hyperliquid L1$4,380
Cumulative Revenue$15.78m
Hyperliquid L1$15.78m
Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0
Hyperliquid L1$0
Holders Revenue 7d$0
Hyperliquid L1$0
Holders Revenue 24h$0
Hyperliquid L1$0
Cumulative Holders Revenue$0
Hyperliquid L1$0
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$16.46m
Earnings 30d$125,954
Earnings 7d$17,943
Earnings 24h$4,380
Cumulative Earnings$15.78m
DEX Notional Volume 30d$2.01m
DEX Notional Volume 30d by chain
Polygon$2.01m
DEX Notional Volume 7d$475,536
Polygon$475,536
DEX Notional Volume 24h$58,578
Polygon$58,578
Cumulative DEX Notional Volume$26.19m
Polygon$26.19m
Perp Volume 30d$709.5m
Perp Volume 30d by chain
Hyperliquid L1$709.5m
Perp Volume 7d$99.27m
Hyperliquid L1$99.27m
Perp Volume 24h$26.5m
Hyperliquid L1$26.5m
Cumulative Perp Volume$45.428b
Hyperliquid L1$45.428b
Open Interest$11.21m
Market Cap$23.52m
$BASED Price$0.1
All Time High$0.31
All Time Low$0.05
Fully Diluted Valuation$100.11m
Outstanding FDV$76.28m
$BASED Volume 24h$37.49m
CEX Volume$18.02m
DEX Volume$22.57m(60.2% of total)
Total Raised$11.5m
Sep 8, 2025Round: Investors: Ethena
Feb 23, 2026$11.5mRound: Series AInvestors: Pantera Capital, Coinbase Ventures, Wintermute Trading, Karatage
Protocol Information
Trade, Predict and Spend. Built on Hyperliquid L1, Polymarket. Backed by Ethena Labs.
Methodology
Fees:
Revenue:
Notional Volume: Notional volume of all trades on protocol
Perp Volume: Notional volume of all trades including leverage on the perp exchange
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users

