Total Value Locked$651,648
TVL by Chain
Hyperliquid L1$651,648
Key Metrics
Fees 30d$20,727
Fees 30d by chain
Hyperliquid L1$20,727
Fees 7d$3,152
Hyperliquid L1$3,152
Fees 24h$405
Hyperliquid L1$405
Cumulative Fees$1.23m
Hyperliquid L1$1.23m
Revenue 30d$20,727
Revenue 30d by chain
Hyperliquid L1$20,727
Revenue 7d$3,152
Hyperliquid L1$3,152
Revenue 24h$405
Hyperliquid L1$405
Cumulative Revenue$841,287
Hyperliquid L1$841,287
Holders Revenue 30d$20,727
Holders Revenue 30d by chain
Hyperliquid L1$20,727
Holders Revenue 7d$3,152
Hyperliquid L1$3,152
Holders Revenue 24h$405
Hyperliquid L1$405
Cumulative Holders Revenue$712,777
Hyperliquid L1$712,777
DEX Volume 30d$33.84m
DEX Volume 30d by chain
Hyperliquid L1$33.84m
DEX Volume 7d$4.74m
Hyperliquid L1$4.74m
DEX Volume 24h$626,613
Hyperliquid L1$626,613
Cumulative DEX Volume$1.199b
Hyperliquid L1$1.199b
Protocol Information
Hybra V4 is a concentrated liquidity AMM on HyperEVM that implements dynamic fee adjustment based on volatility and volume, Uniswap V4-inspired hooks for custom swap logic, and a ve(3,3) emissions model to incentivize long-term liquidity provision and real yield distribution
Sub Category: Hook-based AMM
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: All swap fees paid by users.View code on GitHubRevenue: All swap fees are revenue.View code on GitHubHolders Revenue: All revenue distributed to veHYBRA holders.View code on GitHubDEX Volume: Total swap volume collected from factory 0x32b9dA73215255d50D84FeB51540B75acC1324c2View code on GitHubYields
Pools Tracked15
Average Supply APY44.57%
Competitors
Hybra V4 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Oct 18, 2025 to Oct 28, 2026.
All-time high TVL: $7.02m on Oct 26, 2025. All-time low TVL: $3 on Oct 18, 2025.
Daily TVL, Sep 27, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 27, 2026 | $868,154 |
| Sep 28, 2026 | $915,143 |
| Sep 29, 2026 | $851,845 |
| Sep 30, 2026 | $843,860 |
| Oct 1, 2026 | $857,184 |
| Oct 2, 2026 | $843,302 |
| Oct 3, 2026 | $852,675 |
| Oct 4, 2026 | $822,675 |
| Oct 5, 2026 | $831,222 |
| Oct 6, 2026 | $841,577 |
| Oct 9, 2026 | $750,024 |
| Oct 10, 2026 | $754,513 |
| Oct 11, 2026 | $759,648 |
| Oct 12, 2026 | $753,825 |
| Oct 13, 2026 | $706,566 |
| Oct 14, 2026 | $701,888 |
| Oct 15, 2026 | $696,552 |
| Oct 16, 2026 | $709,955 |
| Oct 17, 2026 | $697,522 |
| Oct 18, 2026 | $672,645 |
| Oct 19, 2026 | $683,257 |
| Oct 20, 2026 | $658,544 |
| Oct 21, 2026 | $654,956 |
| Oct 22, 2026 | $583,895 |
| Oct 23, 2026 | $625,984 |
| Oct 24, 2026 | $619,382 |
| Oct 25, 2026 | $619,717 |
| Oct 26, 2026 | $573,283 |
| Oct 27, 2026 | $570,685 |
| Oct 28, 2026 | $651,202 |
TVL at each month end, Oct 2025 to Oct 2026
| Date | TVL |
|---|---|
| Oct 31, 2025 | $3.69m |
| Nov 30, 2025 | $3.5m |
| Dec 31, 2025 | $2.63m |
| Jan 31, 2026 | $1.88m |
| Feb 28, 2026 | $1.48m |
| Mar 31, 2026 | $1.41m |
| Apr 30, 2026 | $1.34m |
| May 31, 2026 | $1.24m |
| Jun 30, 2026 | $1.5m |
| Jul 31, 2026 | $988,598 |
| Aug 31, 2026 | $1.02m |
| Sep 30, 2026 | $843,860 |
| Oct 28, 2026 (latest) | $651,202 |
Fees, revenue and holders revenue by UTC calendar month, Oct 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Oct 2025 | $178,446 | $44,610 | $0 |
| Nov 2025 | $255,149 | $63,789 | $0 |
| Dec 2025 | $159,910 | $99,577 | $79,466 |
| Jan 2026 | $136,496 | $136,496 | $136,496 |
| Feb 2026 | $92,511 | $92,511 | $92,511 |
| Mar 2026 | $76,567 | $76,567 | $76,567 |
| Apr 2026 | $37,059 | $37,059 | $37,059 |
| May 2026 | $42,863 | $42,863 | $42,863 |
| Jun 2026 | $61,643 | $61,643 | $61,643 |
| Jul 2026 | $77,937 | $77,937 | $77,937 |
| Aug 2026 | $54,381 | $54,381 | $54,381 |
| Sep 2026 | $36,207 | $36,207 | $36,207 |
| Oct 2026 (to date) | $17,647 | $17,647 | $17,647 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/hybra-v4
Frequently asked questions
What is Hybra V4's TVL?
As of Oct 28, 2026, Hybra V4 has $651,648 in total value locked. TVL has decreased 28.8% over the past 30 days.
What chains does Hybra V4 operate on?
Hybra V4 operates on Hyperliquid L1. Hyperliquid L1 holds the largest share at 100%.
How much has Hybra V4 generated in fees and revenue?
Over the past 30 days, Hybra V4 generated $20,727 in fees. Of that, $20,727 was protocol revenue. Based on the trailing year, the annualized rate is $1.11m in fees and $812,028 in revenue.
How does Hybra V4's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Hybra V4 ranks #299 by TVL. The category holds $13.548b across 1,923 protocols, and Hybra V4 accounts for <0.1% of that total. Similar protocols include Curve DEX, Hyperliquid Spot Orderbook, Project X, nest CL, Metric V1, Balancer V3, Ramses CL V2, HyperSwap V3, HyperSwap V2, and WOOFi Swap.
How much trading volume does Hybra V4 process?
Hybra V4 processed $33.84m in DEX volume over the past 30 days.