Key Metrics
Fees 30d$71.19m
Fees 30d by chain
Hyperliquid L1$71.19m
Fees 7d$14.83m
Hyperliquid L1$14.83m
Fees 24h$2.26m
Hyperliquid L1$2.26m
Cumulative Fees$1.455b
Hyperliquid L1$1.455b
Revenue 30d$55.66m
Revenue 30d by chain
Hyperliquid L1$55.66m
Revenue 7d$11.62m
Hyperliquid L1$11.62m
Revenue 24h$1.75m
Hyperliquid L1$1.75m
Cumulative Revenue$1.196b
Hyperliquid L1$1.196b
Holders Revenue 30d$55.66m
Holders Revenue 30d by chain
Hyperliquid L1$55.66m
Holders Revenue 7d$11.62m
Hyperliquid L1$11.62m
Holders Revenue 24h$1.75m
Hyperliquid L1$1.75m
Cumulative Holders Revenue$1.196b
Hyperliquid L1$1.196b
Perp Volume 30d$216.821b
Perp Volume 30d by chain
Hyperliquid L1$216.821b
Perp Volume 7d$45.343b
Hyperliquid L1$45.343b
Perp Volume 24h$8.079b
Hyperliquid L1$8.079b
Cumulative Perp Volume$5.259t
Hyperliquid L1$5.259t
Liquidation Volume 30d$2.392b
Liquidation Volume 30d by chain
Hyperliquid L1$2.392b
Liquidation Volume 7d$284.53m
Hyperliquid L1$284.53m
Liquidation Volume 24h$41.26m
Hyperliquid L1$41.26m
Cumulative Liquidation Volume$32.963b
Hyperliquid L1$32.963b
$14.669b
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 $71.19m in fees. Of that, $55.66m was protocol revenue. Based on the trailing year, the annualized rate is $894.85m in fees and $675.35m in revenue.
How does Hyperliquid Perps' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Hyperliquid Perps ranks #359 by TVL. The category holds $2.054b across 424 protocols, and Hyperliquid Perps accounts for 0% of that total. Other leading protocols include Hyperliquid HLP, Derive V2, 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 $216.821b in perpetual futures volume over the past 30 days.