Hyperliquid
Total Value Locked$535.56m
| ||
Market Cap | $13.791b |
---|---|
$41.33 | |
Fully Diluted Valuation | $41.299b |
$315.39m | |
$642.04m | |
$10.845b | |
$873.9m | |
$812.73m | |
$812.73m |
Protocol Information
Hyperliquid is a decentralized perpetual exchange with best-in-class speed, liquidity, and price

This Ethereum short seller will lose $114m if ETH’s price rises by $80
June 11, 2025
Read on DL News

Hyperliquid’s token buyback machine just hit $1b — is it sustainable?
June 11, 2025
Read on DL News
Development Activity
(updated at 26/05/25)
Weekly commits: 2
Monthly commits: 29
Weekly developers: 2
Monthly developers: 11
Last commit: 19 days ago (2025-05-26)
Token Information
Methodology
Fees: Trade fees and Ticker auction proceeds. Note this excludes the HLP vault and HyperEVM fees.
Revenue: Percentage of swap fees going to treasury and/or token holders