Key Metrics
Fees (Annualized)$10,099.18
Fees 30d$21.18
Hyperliquid L1$21.18
Fees 7d$0.69
Hyperliquid L1$0.69
Fees 24h$0
Hyperliquid L1$0
Cumulative Fees$10,950.18
Hyperliquid L1$10,950.18
Revenue (Annualized)$10,099.18
Revenue 30d$21.18
Hyperliquid L1$21.18
Revenue 7d$0.69
Hyperliquid L1$0.69
Revenue 24h$0
Hyperliquid L1$0
Cumulative Revenue$10,950.18
Hyperliquid L1$10,950.18
Perp Volume 30d$42,749
Perp Volume 30d by chain
Hyperliquid L1$42,749
Perp Volume 7d$1,374
Hyperliquid L1$1,374
Perp Volume 24h$0
Hyperliquid L1$0
Cumulative Perp Volume$66.33m
Hyperliquid L1$66.33m
Protocol Information
Cipher Perps allows users to trade perps on Hyperliquid L1.
Sub Category: Hyperliquid Builder
Methodology
Fees: Builder code revenue from Hyperliquid Perps Trades.View code on GitHubRevenue: Builder code revenue from Hyperliquid Perps Trades.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Frequently Asked Questions
What chains does Cipher Perps operate on?
Cipher Perps operates on Hyperliquid L1.
How much has Cipher Perps generated in fees and revenue?
Over the past 30 days, Cipher Perps generated $21.18 in fees. Of that, $21.18 was protocol revenue. Based on the trailing year, the annualized rate is $10,099.18 in fees and $10,099.18 in revenue.
How does Cipher Perps' TVL compare to similar protocols?
Among Interface protocols tracked by DefiLlama, Cipher Perps ranks #144 by TVL. The category holds $1.66m across 183 protocols, and Cipher Perps accounts for 0% of that total. Other leading protocols include Ventuals, LiquidBots, Jupiter Prediction, DESK CLOB, DFlow Prediction Market, Raydium Perps, PriveX, pvp.trade, Axiom Perps, and Phantom Perps.
How much perpetual futures volume does Cipher Perps process?
Cipher Perps processed $42,749 in perpetual futures volume over the past 30 days.

