Key Metrics
Fees (Annualized)$1.022b
Fees 30d$49.42m
Hyperliquid L1$49.42m
Fees 7d$12.11m
Hyperliquid L1$12.11m
Fees 24h$1.02m
Hyperliquid L1$1.02m
Cumulative Fees$1.459b
Hyperliquid L1$1.459b
Revenue (Annualized)$771.43m
Revenue 30d$34.47m
Hyperliquid L1$34.47m
Revenue 7d$8.31m
Hyperliquid L1$8.31m
Revenue 24h$752,594
Hyperliquid L1$752,594
Cumulative Revenue$1.182b
Hyperliquid L1$1.182b
Holders Revenue (Annualized)$771.43m
Holders Revenue 30d$34.47m
Hyperliquid L1$34.47m
Holders Revenue 7d$8.31m
Hyperliquid L1$8.31m
Holders Revenue 24h$752,594
Hyperliquid L1$752,594
Cumulative Holders Revenue$1.182b
Hyperliquid L1$1.182b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$771.43m
$34.47m
$8.31m
$752,594
$1.182b
DEX Volume 30d$2.404b
DEX Volume 30d by chain
Hyperliquid L1$2.404b
DEX Volume 7d$553.21m
Hyperliquid L1$553.21m
DEX Volume 24h$58.17m
Hyperliquid L1$58.17m
Cumulative DEX Volume$160.534b
Hyperliquid L1$160.534b
Perp Volume 30d$190.91b
Perp Volume 30d by chain
Hyperliquid L1$190.91b
Perp Volume 7d$55.888b
Hyperliquid L1$55.888b
Perp Volume 24h$3.48b
Hyperliquid L1$3.48b
Cumulative Perp Volume$4.995t
Hyperliquid L1$4.995t
Liquidation Volume 30d$1.25b
Liquidation Volume 30d by chain
Hyperliquid L1$1.25b
Liquidation Volume 7d$455.43m
Hyperliquid L1$455.43m
Liquidation Volume 24h$21.64m
Hyperliquid L1$21.64m
Cumulative Liquidation Volume$30.407b
Hyperliquid L1$30.407b
$10.177b
Market Cap$11.653b
$HYPE Price$52.38
$50.044b
$20.304b
$HYPE Volume 24h$251.01m
CEX Volume$93.47m
DEX Volume$155.34m(61.89% of total)
$HYPE Liquidity$363,675
Raydium AMM$363,675
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.
Category:Bridge
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
Competitors
Frequently Asked Questions
What is Hyperliquid?
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.
What is Hyperliquid's TVL?
Hyperliquid currently has $6.063b in total value locked. TVL has increased 3.8% 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 93%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $49.42m in fees. Of that, $34.47m was protocol revenue. Based on the trailing year, the annualized rate is $1.022b in fees and $771.43m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $52.38. Its circulating market capitalization is $11.653b, ranking it #11. Its fully diluted valuation is $50.044b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is down 12.1% over the past 7 days and down 26% over the past 30 days. Its all-time high is $76.7, reached on Jun 16, 2026. The token is currently 31.7% 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 $2.404b in DEX volume over the past 30 days.

