Key Metrics
Fees (Annualized)$7.7m
Fees 30d$469,933
Hyperliquid L1$469,933
Fees 7d$240,621
Hyperliquid L1$240,621
Fees 24h$34,572
Hyperliquid L1$34,572
Cumulative Fees$22.5m
Hyperliquid L1$22.5m
Revenue (30d Run Rate)$0
Revenue 30d$0
Hyperliquid L1$0
Revenue 7d$0
Hyperliquid L1$0
Revenue 24h$0
Hyperliquid L1$0
Cumulative Revenue$0
Hyperliquid L1$0
$HYPE Liquidity$363,675
Raydium AMM$363,675
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.
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 GitHubCompetitors
Frequently Asked Questions
What is Hyperliquid HLP's TVL?
Hyperliquid HLP currently has $185.3m in total value locked. TVL has decreased 17.9% 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 $469,933 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $7.7m in fees.
How does Hyperliquid HLP's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Hyperliquid HLP ranks #3 by TVL. The category holds $2.042b across 418 protocols, and Hyperliquid HLP accounts for 9.1% of that total. Other leading protocols include Derive V2, Bounce.Tech, SIR, Racks, Jupiter Perpetual Exchange, GMX V2 Perps, Extended Perps, dYdX V4, AZverse Perps, and Lighter Robinhood Perps.
