Ask about Hyperliquid
Logo of HyperliquidHyperliquid(HYPE)
Total Value Locked$5.844b

TVL by Chain

Hyperliquid L1$5.473b

Arbitrum$371.05m

Key Metrics

Fees (Annualized)$1.074b
Fees 30d$65.13m

Hyperliquid L1$65.13m

Fees 7d$13.5m

Hyperliquid L1$13.5m

Fees 24h$2.12m

Hyperliquid L1$2.12m

Cumulative Fees$1.418b

Hyperliquid L1$1.418b

Revenue (Annualized)$828.7m
Revenue 30d$46.83m

Hyperliquid L1$46.83m

Revenue 7d$9.58m

Hyperliquid L1$9.58m

Revenue 24h$1.48m

Hyperliquid L1$1.48m

Cumulative Revenue$1.154b

Hyperliquid L1$1.154b

Holders Revenue (Annualized)$828.7m
Holders Revenue 30d$46.83m

Hyperliquid L1$46.83m

Holders Revenue 7d$9.58m

Hyperliquid L1$9.58m

Holders Revenue 24h$1.48m

Hyperliquid L1$1.48m

Cumulative Holders Revenue$1.154b

Hyperliquid L1$1.154b

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$828.7m

Earnings 30d$46.83m

Earnings 7d$9.58m

Earnings 24h$1.48m

Cumulative Earnings$1.154b

DEX Volume 30d$3.988b
DEX Volume 30d by chain

Hyperliquid L1$3.988b

DEX Volume 7d$689.71m

Hyperliquid L1$689.71m

DEX Volume 24h$123.3m

Hyperliquid L1$123.3m

Cumulative DEX Volume$158.599b

Hyperliquid L1$158.599b

Perp Volume 30d$209.025b
Perp Volume 30d by chain

Hyperliquid L1$209.025b

Perp Volume 7d$42.674b

Hyperliquid L1$42.674b

Perp Volume 24h$8.487b

Hyperliquid L1$8.487b

Cumulative Perp Volume$4.842t

Hyperliquid L1$4.842t

Liquidation Volume 30d$2.609b
Liquidation Volume 30d by chain

Hyperliquid L1$2.609b

Liquidation Volume 7d$333.86m

Hyperliquid L1$333.86m

Liquidation Volume 24h$54.46m

Hyperliquid L1$54.46m

Cumulative Liquidation Volume$29.359b

Hyperliquid L1$29.359b

Open Interest$10.274b

Market Cap$15.145b

$HYPE Price$68.08

All Time High$76.7

All Time Low$3.81

Fully Diluted Valuation$65.04b

Outstanding FDV$26.39b

$HYPE Volume 24h$458.98m

CEX Volume$167.6m

DEX Volume$251.46m(54.79% 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.

Category:Bridge

WebsiteGitHubTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

Hyperliquid HLP - 1% of perp and spot trading revenue (excluding builders and unit revenue) share for HLP.View code on GitHubHyperliquid Perps - Include perps trading fees on crypto and HIP-3 deployed markets + builders fees, excluding all spot fees.View code on GitHubHyperliquid Spot Orderbook - Include spot trading fees and unit protocol fees, excluding perps fees.View code on GitHub

Revenue:

Hyperliquid HLP - No revenue.View code on GitHubHyperliquid Perps - 99% of fees go to Assistance Fund for buying HYPE tokens, excluding builders fees.View code on GitHubHyperliquid Spot Orderbook - 99% of fees go to Assistance Fund for buying HYPE tokens, excluding unit protocol fees.View code on GitHub

Holders Revenue:

Hyperliquid HLP - Fees going to governance token holdersView code on GitHubHyperliquid Perps - 99% of fees go to Assistance Fund for buying HYPE tokens, excluding builders fees.View code on GitHubHyperliquid Spot Orderbook - 99% of fees go to Assistance Fund for buying HYPE tokens, excluding unit protocol fees.View code on GitHub

DEX Volume: Volume of all spot token swaps on the DEX

Perp Volume: Notional volume of all trades including leverage on the perp exchange

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