Key Metrics
Fees 30d$80.89m
Fees 30d by chain
Hyperliquid L1$80.89m
Fees 7d$12.3m
Hyperliquid L1$12.3m
Fees 24h$2.83m
Hyperliquid L1$2.83m
Cumulative Fees$1.56b
Hyperliquid L1$1.56b
Revenue 30d$63.39m
Revenue 30d by chain
Hyperliquid L1$63.39m
Revenue 7d$9.59m
Hyperliquid L1$9.59m
Revenue 24h$2.21m
Hyperliquid L1$2.21m
Cumulative Revenue$1.26b
Hyperliquid L1$1.26b
Holders Revenue 30d$63.39m
Holders Revenue 30d by chain
Hyperliquid L1$63.39m
Holders Revenue 7d$9.59m
Hyperliquid L1$9.59m
Holders Revenue 24h$2.21m
Hyperliquid L1$2.21m
Cumulative Holders Revenue$1.26b
Hyperliquid L1$1.26b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$696.41m
$63.39m
$9.59m
$2.21m
$1.26b
DEX Volume 30d$5.481b
DEX Volume 30d by chain
Hyperliquid L1$5.481b
DEX Volume 7d$1.032b
Hyperliquid L1$1.032b
DEX Volume 24h$235.5m
Hyperliquid L1$235.5m
Cumulative DEX Volume$166.891b
Hyperliquid L1$166.891b
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
$7.135b
Market Cap$19.101b
$HYPE Price$85.78
$82.028b
$33.297b
$HYPE Volume 24h$1.189b
CEX Volume$328.75m
DEX Volume$860.85m(72.41% of total)
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.
- Hyperliquid BridgeBridge
- Hyperliquid HLPDerivatives
- Hyperliquid PerpsDerivatives
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
DEX Volume: Volume of all spot token swaps on the DEX
Perp Volume: Notional volume of all trades including leverage on the perp exchange
Liquidation Volume: USD value of positions liquidated by the protocol
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Frequently Asked Questions
What is Hyperliquid's TVL?
Hyperliquid currently has $6.727b in total value locked. TVL has increased 12% over the past 30 days.
What chains does Hyperliquid operate on?
Hyperliquid operates on 2 chains: Hyperliquid L1 and Arbitrum. Hyperliquid L1 holds the largest share at 92.9%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $80.89m in fees. Of that, $63.39m was protocol revenue. Based on the trailing year, the annualized rate is $922.71m in fees and $696.41m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $85.78. Its circulating market capitalization is $19.101b, ranking it #12. Its fully diluted valuation is $82.028b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is up 7.1% over the past 7 days and up 45.8% over the past 30 days. Its all-time high is $89.6, reached on Sep 6, 2026. The token is currently 4.3% below that level.
Which protocols are included in Hyperliquid?
Hyperliquid is a parent protocol whose tracked products include Hyperliquid Bridge, Hyperliquid HLP, Hyperliquid Spot Orderbook, and Hyperliquid Perps.
How much trading volume does Hyperliquid process?
Hyperliquid processed $5.481b in DEX volume over the past 30 days.

