Key Metrics
Fees 30d$73.4m
Fees 30d by chain
Hyperliquid L1$73.4m
Fees 7d$12.85m
Hyperliquid L1$12.85m
Fees 24h$1.36m
Hyperliquid L1$1.36m
Cumulative Fees$1.462b
Hyperliquid L1$1.462b
Revenue 30d$57.51m
Revenue 30d by chain
Hyperliquid L1$57.51m
Revenue 7d$9.97m
Hyperliquid L1$9.97m
Revenue 24h$1.07m
Hyperliquid L1$1.07m
Cumulative Revenue$1.201b
Hyperliquid L1$1.201b
Holders Revenue 30d$57.51m
Holders Revenue 30d by chain
Hyperliquid L1$57.51m
Holders Revenue 7d$9.97m
Hyperliquid L1$9.97m
Holders Revenue 24h$1.07m
Hyperliquid L1$1.07m
Cumulative Holders Revenue$1.201b
Hyperliquid L1$1.201b
Perp Volume 30d$221.133b
Perp Volume 30d by chain
Hyperliquid L1$221.133b
Perp Volume 7d$40.183b
Hyperliquid L1$40.183b
Perp Volume 24h$4.513b
Hyperliquid L1$4.513b
Cumulative Perp Volume$5.279t
Hyperliquid L1$5.279t
Liquidation Volume 30d$2.448b
Liquidation Volume 30d by chain
Hyperliquid L1$2.448b
Liquidation Volume 7d$236.95m
Hyperliquid L1$236.95m
Liquidation Volume 24h$18.6m
Hyperliquid L1$18.6m
Cumulative Liquidation Volume$33.095b
Hyperliquid L1$33.095b
$14.238b
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 $73.4m in fees. Of that, $57.51m was protocol revenue. Based on the trailing year, the annualized rate is $889.44m in fees and $671.92m 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 $2.052b 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 $221.133b in perpetual futures volume over the past 30 days.