Key Metrics
Fees (Annualized)$984.87m
Fees 30d$44.82m
Hyperliquid L1$44.82m
Fees 7d$8.52m
Hyperliquid L1$8.52m
Fees 24h$1.21m
Hyperliquid L1$1.21m
Cumulative Fees$1.475b
Hyperliquid L1$1.475b
Revenue (Annualized)$740.04m
Revenue 30d$31.14m
Hyperliquid L1$31.14m
Revenue 7d$5.94m
Hyperliquid L1$5.94m
Revenue 24h$838,034
Hyperliquid L1$838,034
Cumulative Revenue$1.193b
Hyperliquid L1$1.193b
Holders Revenue (Annualized)$740.04m
Holders Revenue 30d$31.14m
Hyperliquid L1$31.14m
Holders Revenue 7d$5.94m
Hyperliquid L1$5.94m
Holders Revenue 24h$838,034
Hyperliquid L1$838,034
Cumulative Holders Revenue$1.193b
Hyperliquid L1$1.193b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$740.04m
$31.14m
$5.94m
$838,034
$1.193b
DEX Volume 30d$2.012b
DEX Volume 30d by chain
Hyperliquid L1$2.012b
DEX Volume 7d$362.46m
Hyperliquid L1$362.46m
DEX Volume 24h$54.43m
Hyperliquid L1$54.43m
Cumulative DEX Volume$161.21b
Hyperliquid L1$161.21b
Perp Volume 30d$184.81b
Perp Volume 30d by chain
Hyperliquid L1$184.81b
Perp Volume 7d$31.217b
Hyperliquid L1$31.217b
Perp Volume 24h$5.058b
Hyperliquid L1$5.058b
Cumulative Perp Volume$5.062t
Hyperliquid L1$5.062t
Liquidation Volume 30d$1.07b
Liquidation Volume 30d by chain
Hyperliquid L1$1.07b
Liquidation Volume 7d$121.6m
Hyperliquid L1$121.6m
Liquidation Volume 24h$14.59m
Hyperliquid L1$14.59m
Cumulative Liquidation Volume$30.685b
Hyperliquid L1$30.685b
$11.718b
Market Cap$12.439b
$HYPE Price$55.92
$55.91b
$21.7b
$HYPE Volume 24h$160.24m
CEX Volume$64.51m
DEX Volume$93.97m(58.64% 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 $6.017b in total value locked. TVL has decreased 1.6% 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 92.6%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $44.82m in fees. Of that, $31.14m was protocol revenue. Based on the trailing year, the annualized rate is $984.87m in fees and $740.04m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $55.92. Its circulating market capitalization is $12.439b, ranking it #11. Its fully diluted valuation is $55.91b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is up 2.2% over the past 7 days and down 15% over the past 30 days. Its all-time high is $76.87, reached on Jun 16, 2026. The token is currently 27.3% 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 $2.012b in DEX volume over the past 30 days.

