Hyperliquid Perps(HYPE)
Key Metrics
Fees 30d$78.45m
Fees 30d by chain
Hyperliquid L1$78.45m
Fees 7d$16.52m
Hyperliquid L1$16.52m
Fees 24h$3.72m
Hyperliquid L1$3.72m
Cumulative Fees$1.478b
Hyperliquid L1$1.478b
Revenue 30d$61.79m
Revenue 30d by chain
Hyperliquid L1$61.79m
Revenue 7d$12.97m
Hyperliquid L1$12.97m
Revenue 24h$2.94m
Hyperliquid L1$2.94m
Cumulative Revenue$1.214b
Hyperliquid L1$1.214b
Holders Revenue 30d$61.79m
Holders Revenue 30d by chain
Hyperliquid L1$61.79m
Holders Revenue 7d$12.97m
Hyperliquid L1$12.97m
Holders Revenue 24h$2.94m
Hyperliquid L1$2.94m
Cumulative Holders Revenue$1.214b
Hyperliquid L1$1.214b
Perp Volume 30d$235.568b
Perp Volume 30d by chain
Hyperliquid L1$235.568b
Perp Volume 7d$50.822b
Hyperliquid L1$50.822b
Perp Volume 24h$10.605b
Hyperliquid L1$10.605b
Cumulative Perp Volume$5.337t
Hyperliquid L1$5.337t
Liquidation Volume 30d$1.904b
Liquidation Volume 30d by chain
Hyperliquid L1$1.904b
Liquidation Volume 7d$350.06m
Hyperliquid L1$350.06m
Liquidation Volume 24h$106.7m
Hyperliquid L1$106.7m
Cumulative Liquidation Volume$33.445b
Hyperliquid L1$33.445b
$8.137b
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 $78.45m in fees. Of that, $61.79m was protocol revenue. Based on the trailing year, the annualized rate is $878.36m in fees and $667.81m 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 $2.172b 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 $235.568b in perpetual futures volume over the past 30 days.