Key Metrics
Fees (Annualized)$2.66m
Fees 30d$16,583
Hyperliquid L1$16,583
Fees 7d$7,565
Hyperliquid L1$7,565
Fees 24h$3,474
Hyperliquid L1$3,474
Cumulative Fees$1.88m
Hyperliquid L1$1.88m
Revenue (Annualized)$1.04m
Revenue 30d$1,519
Hyperliquid L1$1,519
Revenue 7d$709
Hyperliquid L1$709
Revenue 24h$329
Hyperliquid L1$329
Cumulative Revenue$738,086
Hyperliquid L1$738,086
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
Perp Volume 30d$46.73m
Perp Volume 30d by chain
Hyperliquid L1$46.73m
Perp Volume 7d$20.78m
Hyperliquid L1$20.78m
Perp Volume 24h$10.12m
Hyperliquid L1$10.12m
Cumulative Perp Volume$4.119b
Hyperliquid L1$4.119b
$5.77m
Protocol Information
HyENA leverages Hyperliquid's HIP-3 Builder-Deployed Perpetuals framework. HIP-3 allows HyENA to independently deploy and manage perpetual markets, introduce new pairs faster, and experiment with custom configurations, all while maintaining performance, security, and transparency through Hyperliquid.
Sub Category: Hyperliquid HIP3 Deployer
Methodology
Fees: Trading fees paid by users on Hyperliquid markets deployed by Based and Ethena teams.View code on GitHubRevenue: Half of the fees goes to the protocol and rest to hyperliquidView code on GitHubHolders Revenue: View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Frequently Asked Questions
What is HYENA?
HyENA leverages Hyperliquid's HIP-3 Builder-Deployed Perpetuals framework. HIP-3 allows HyENA to independently deploy and manage perpetual markets, introduce new pairs faster, and experiment with custom configurations, all while maintaining performance, security, and transparency through Hyperliquid.
What chains does HYENA operate on?
HYENA operates on Hyperliquid L1.
How much has HYENA generated in fees and revenue?
Over the past 30 days, HYENA generated $16,583 in fees. Of that, $1,519 was protocol revenue. Based on the trailing year, the annualized rate is $2.66m in fees and $1.04m in revenue.
How does HYENA's TVL compare to similar protocols?
Among Interface protocols tracked by DefiLlama, HYENA ranks #57 by TVL. The category holds $1.72m across 184 protocols, and HYENA 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 HYENA process?
HYENA processed $46.73m in perpetual futures volume over the past 30 days.

