Hyperliquid Perps(HYPE)
Key Metrics
Fees 30d$76.14m
Fees 30d by chain
Hyperliquid L1$76.14m
Fees 7d$17.59m
Hyperliquid L1$17.59m
Fees 24h$1.75m
Hyperliquid L1$1.75m
Cumulative Fees$1.48b
Hyperliquid L1$1.48b
Revenue 30d$59.95m
Revenue 30d by chain
Hyperliquid L1$59.95m
Revenue 7d$13.82m
Hyperliquid L1$13.82m
Revenue 24h$1.4m
Hyperliquid L1$1.4m
Cumulative Revenue$1.215b
Hyperliquid L1$1.215b
Holders Revenue 30d$59.95m
Holders Revenue 30d by chain
Hyperliquid L1$59.95m
Holders Revenue 7d$13.82m
Hyperliquid L1$13.82m
Holders Revenue 24h$1.4m
Hyperliquid L1$1.4m
Cumulative Holders Revenue$1.215b
Hyperliquid L1$1.215b
Perp Volume 30d$227.764b
Perp Volume 30d by chain
Hyperliquid L1$227.764b
Perp Volume 7d$53.253b
Hyperliquid L1$53.253b
Perp Volume 24h$4.385b
Hyperliquid L1$4.385b
Cumulative Perp Volume$5.341t
Hyperliquid L1$5.341t
Liquidation Volume 30d$1.69b
Liquidation Volume 30d by chain
Hyperliquid L1$1.69b
Liquidation Volume 7d$364.79m
Hyperliquid L1$364.79m
Liquidation Volume 24h$16.85m
Hyperliquid L1$16.85m
Cumulative Liquidation Volume$33.462b
Hyperliquid L1$33.462b
$8.106b
Protocol Information
Hyperliquid is a Layer 1 blockchain best known for perpetual futures and spot trading. Beyond its flagship decentralized exchange (DEX), the ecosystem supports borrowing, lending, RWAs, and a full-fledged EVM.
Methodology
Fees: Include perps trading fees on crypto and HIP-3 deployed markets + builders fees, excluding all spot fees.View code on GitHubRevenue: 99% of fees go to Assistance Fund for buying HYPE tokens, excluding builders fees.View code on GitHubHolders Revenue: 99% of fees go to Assistance Fund for buying HYPE tokens, excluding builders fees.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubLiquidation Volume: Total USD notional of liquidated positions, from the `amountQuote` field of ClearingHouse `Liquidation` events.View code on GitHubCompetitors
Frequently Asked Questions
What chains does Hyperliquid Perps operate on?
Hyperliquid Perps operates on Hyperliquid L1.
How much has Hyperliquid Perps generated in fees and revenue?
Over the past 30 days, Hyperliquid Perps generated $76.14m in fees. Of that, $59.95m was protocol revenue. Based on the trailing year, the annualized rate is $876.63m in fees and $666.69m in revenue.
How does Hyperliquid Perps' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Hyperliquid Perps ranks #354 by TVL. The category holds $2.144b across 420 protocols, and Hyperliquid Perps accounts for 0% of that total. Other leading protocols include Derive V2, Hyperliquid HLP, Bounce.Tech, SIR, Racks, Jupiter Perpetual Exchange, GMX V2 Perps, Extended Perps, Lighter Robinhood Perps, and dYdX V4.
How much perpetual futures volume does Hyperliquid Perps process?
Hyperliquid Perps processed $227.764b in perpetual futures volume over the past 30 days.

