Hyperliquid Perps(HYPE)
Key Metrics
Fees 30d$79.62m
Fees 30d by chain
Hyperliquid L1$79.62m
Fees 7d$14.16m
Hyperliquid L1$14.16m
Fees 24h$2.36m
Hyperliquid L1$2.36m
Cumulative Fees$1.475b
Hyperliquid L1$1.475b
Revenue 30d$62.78m
Revenue 30d by chain
Hyperliquid L1$62.78m
Revenue 7d$11.1m
Hyperliquid L1$11.1m
Revenue 24h$1.83m
Hyperliquid L1$1.83m
Cumulative Revenue$1.211b
Hyperliquid L1$1.211b
Holders Revenue 30d$62.78m
Holders Revenue 30d by chain
Hyperliquid L1$62.78m
Holders Revenue 7d$11.1m
Hyperliquid L1$11.1m
Holders Revenue 24h$1.83m
Hyperliquid L1$1.83m
Cumulative Holders Revenue$1.211b
Hyperliquid L1$1.211b
Perp Volume 30d$240.168b
Perp Volume 30d by chain
Hyperliquid L1$240.168b
Perp Volume 7d$44.73b
Hyperliquid L1$44.73b
Perp Volume 24h$7.181b
Hyperliquid L1$7.181b
Cumulative Perp Volume$5.326t
Hyperliquid L1$5.326t
Liquidation Volume 30d$2.549b
Liquidation Volume 30d by chain
Hyperliquid L1$2.549b
Liquidation Volume 7d$261.96m
Hyperliquid L1$261.96m
Liquidation Volume 24h$35.03m
Hyperliquid L1$35.03m
Cumulative Liquidation Volume$33.338b
Hyperliquid L1$33.338b
$7.294b
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 $79.62m in fees. Of that, $62.78m was protocol revenue. Based on the trailing year, the annualized rate is $878.55m in fees and $667.46m 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 $2.162b 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 $240.168b in perpetual futures volume over the past 30 days.

