Ask about Hyperliquid
Key Metrics
Fees 30d$75.92m
Fees 30d by chain
Hyperliquid L1$75.92m
Fees 7d$13.14m
Hyperliquid L1$13.14m
Fees 24h$732,988
Hyperliquid L1$732,988
Cumulative Fees$1.55b
Hyperliquid L1$1.55b
Revenue 30d$59.26m
Revenue 30d by chain
Hyperliquid L1$59.26m
Revenue 7d$10.14m
Hyperliquid L1$10.14m
Revenue 24h$584,129
Hyperliquid L1$584,129
Cumulative Revenue$1.252b
Hyperliquid L1$1.252b
Holders Revenue 30d$59.26m
Holders Revenue 30d by chain
Hyperliquid L1$59.26m
Holders Revenue 7d$10.14m
Hyperliquid L1$10.14m
Holders Revenue 24h$584,129
Hyperliquid L1$584,129
Cumulative Holders Revenue$1.252b
Hyperliquid L1$1.252b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$701.45m
$59.26m
$10.14m
$584,129
$1.252b
DEX Volume 30d$4.94b
DEX Volume 30d by chain
Hyperliquid L1$4.94b
DEX Volume 7d$976.05m
Hyperliquid L1$976.05m
DEX Volume 24h$101.29m
Hyperliquid L1$101.29m
Cumulative DEX Volume$166.095b
Hyperliquid L1$166.095b
Perp Volume 30d$216.427b
Perp Volume 30d by chain
Hyperliquid L1$216.427b
Perp Volume 7d$39.588b
Hyperliquid L1$39.588b
Perp Volume 24h$1.955b
Hyperliquid L1$1.955b
Cumulative Perp Volume$5.281t
Hyperliquid L1$5.281t
Liquidation Volume 30d$2.427b
Liquidation Volume 30d by chain
Hyperliquid L1$2.427b
Liquidation Volume 7d$232.45m
Hyperliquid L1$232.45m
Liquidation Volume 24h$2.13m
Hyperliquid L1$2.13m
Cumulative Liquidation Volume$33.097b
Hyperliquid L1$33.097b
$14.238b
Market Cap$17.66b
$HYPE Price$79.39
$75.84b
$30.817b
$HYPE Volume 24h$547.02m
CEX Volume$131.85m
DEX Volume$416.23m(76.09% 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 $6.735b in total value locked. TVL has increased 12.3% 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 93.7%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $75.92m in fees. Of that, $59.26m was protocol revenue. Based on the trailing year, the annualized rate is $933.4m in fees and $701.45m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $79.39. Its circulating market capitalization is $17.66b, ranking it #11. Its fully diluted valuation is $75.84b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is down 7.9% over the past 7 days and up 39.8% over the past 30 days. Its all-time high is $89.6, reached on Sep 6, 2026. The token is currently 11.4% 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 $4.94b in DEX volume over the past 30 days.