Logo of Hyperliquid HLPHyperliquid HLP(HYPE)

Total Value Locked$181.45m

TVL by Chain

Hyperliquid L1$181.45m

Key Metrics

Fees 30d$544,768
Fees 30d by chain

Hyperliquid L1$544,768

Fees 7d$109,097

Hyperliquid L1$109,097

Fees 24h$19,363

Hyperliquid L1$19,363

Cumulative Fees$23.26m

Hyperliquid L1$23.26m

Revenue 30d$0
Revenue 30d by chain

Hyperliquid L1$0

Revenue 7d$0

Hyperliquid L1$0

Revenue 24h$0

Hyperliquid L1$0

Cumulative Revenue$0

Hyperliquid L1$0

Protocol Information

Hyperliquidity Provider (HLP) is a protocol vault that provides liquidity to Hyperliquid through multiple market making strategies, performs liquidations, supplies USDC in Earn, and accrues a portion of trading fees. HLP democratizes strategies typically reserved for privileged parties on other exchanges. HLP is fully community-owned.

Category:Derivatives

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: 1% of perp and spot trading revenue (excluding builders and unit revenue) share for HLP.View code on GitHubRevenue: No revenue.View code on GitHub

Competitors

Frequently Asked Questions

What is Hyperliquid HLP's TVL?

Hyperliquid HLP currently has $181.45m in total value locked. TVL has decreased 4.2% over the past 30 days.

What chains does Hyperliquid HLP operate on?

Hyperliquid HLP operates on Hyperliquid L1. Hyperliquid L1 holds the largest share at 100%.

How much has Hyperliquid HLP generated in fees and revenue?

Over the past 30 days, Hyperliquid HLP generated $544,768 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $6.86m in fees.

How does Hyperliquid HLP's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Hyperliquid HLP ranks #4 by TVL. The category holds $2.212b across 419 protocols, and Hyperliquid HLP accounts for 8.2% of that total. Other leading protocols include Derive V2, Bounce.Tech, SIR, Racks, Jupiter Perpetual Exchange, GMX V2 Perps, Extended Perps, Lighter Robinhood Perps, dYdX V4, and AZverse Perps.