Key Metrics
Fees (Annualized)$978.83m
Fees 30d$41.69m
Hyperliquid L1$41.69m
Fees 7d$7.96m
Hyperliquid L1$7.96m
Fees 24h$534,358
Hyperliquid L1$534,358
Cumulative Fees$1.476b
Hyperliquid L1$1.476b
Revenue (Annualized)$735.41m
Revenue 30d$29.02m
Hyperliquid L1$29.02m
Revenue 7d$5.72m
Hyperliquid L1$5.72m
Revenue 24h$422,613
Hyperliquid L1$422,613
Cumulative Revenue$1.194b
Hyperliquid L1$1.194b
Holders Revenue (Annualized)$735.41m
Holders Revenue 30d$29.02m
Hyperliquid L1$29.02m
Holders Revenue 7d$5.72m
Hyperliquid L1$5.72m
Holders Revenue 24h$422,613
Hyperliquid L1$422,613
Cumulative Holders Revenue$1.194b
Hyperliquid L1$1.194b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$735.41m
$29.02m
$5.72m
$422,613
$1.194b
DEX Volume 30d$1.811b
DEX Volume 30d by chain
Hyperliquid L1$1.811b
DEX Volume 7d$352.74m
Hyperliquid L1$352.74m
DEX Volume 24h$27.57m
Hyperliquid L1$27.57m
Cumulative DEX Volume$161.264b
Hyperliquid L1$161.264b
Perp Volume 30d$170.155b
Perp Volume 30d by chain
Hyperliquid L1$170.155b
Perp Volume 7d$30.348b
Hyperliquid L1$30.348b
Perp Volume 24h$1.268b
Hyperliquid L1$1.268b
Cumulative Perp Volume$5.064t
Hyperliquid L1$5.064t
Liquidation Volume 30d$953.92m
Liquidation Volume 30d by chain
Hyperliquid L1$953.92m
Liquidation Volume 7d$116.03m
Hyperliquid L1$116.03m
Liquidation Volume 24h$2.12m
Hyperliquid L1$2.12m
Cumulative Liquidation Volume$30.687b
Hyperliquid L1$30.687b
$11.838b
Market Cap$13.088b
$HYPE Price$58.84
$58.829b
$22.833b
$HYPE Volume 24h$245.82m
CEX Volume$106.6m
DEX Volume$150.88m(61.38% 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 $6.018b in total value locked. TVL has decreased 0.8% 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 92.7%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $41.69m in fees. Of that, $29.02m was protocol revenue. Based on the trailing year, the annualized rate is $978.83m in fees and $735.41m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $58.84. Its circulating market capitalization is $13.088b, ranking it #11. Its fully diluted valuation is $58.829b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is up 7.8% over the past 7 days and up 0.6% over the past 30 days. Its all-time high is $76.87, reached on Jun 16, 2026. The token is currently 23.5% 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 $1.811b in DEX volume over the past 30 days.
