Key Metrics
Fees (Annualized)$1.039b
Fees 30d$55.22m
Hyperliquid L1$55.22m
Fees 7d$10.67m
Hyperliquid L1$10.67m
Fees 24h$1.78m
Hyperliquid L1$1.78m
Cumulative Fees$1.445b
Hyperliquid L1$1.445b
Revenue (Annualized)$789.69m
Revenue 30d$38.99m
Hyperliquid L1$38.99m
Revenue 7d$7.41m
Hyperliquid L1$7.41m
Revenue 24h$1.2m
Hyperliquid L1$1.2m
Cumulative Revenue$1.173b
Hyperliquid L1$1.173b
Holders Revenue (Annualized)$789.69m
Holders Revenue 30d$38.99m
Hyperliquid L1$38.99m
Holders Revenue 7d$7.41m
Hyperliquid L1$7.41m
Holders Revenue 24h$1.2m
Hyperliquid L1$1.2m
Cumulative Holders Revenue$1.173b
Hyperliquid L1$1.173b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$789.69m
$38.99m
$7.41m
$1.2m
$1.173b
DEX Volume 30d$2.879b
DEX Volume 30d by chain
Hyperliquid L1$2.879b
DEX Volume 7d$454.98m
Hyperliquid L1$454.98m
DEX Volume 24h$67.05m
Hyperliquid L1$67.05m
Cumulative DEX Volume$159.908b
Hyperliquid L1$159.908b
Perp Volume 30d$190.913b
Perp Volume 30d by chain
Hyperliquid L1$190.913b
Perp Volume 7d$40.501b
Hyperliquid L1$40.501b
Perp Volume 24h$7.043b
Hyperliquid L1$7.043b
Cumulative Perp Volume$4.935t
Hyperliquid L1$4.935t
Liquidation Volume 30d$1.288b
Liquidation Volume 30d by chain
Hyperliquid L1$1.288b
Liquidation Volume 7d$179.91m
Hyperliquid L1$179.91m
Liquidation Volume 24h$60.36m
Hyperliquid L1$60.36m
Cumulative Liquidation Volume$29.913b
Hyperliquid L1$29.913b
$11.4b
Market Cap$12.804b
$HYPE Price$57.56
$54.987b
$22.312b
$HYPE Volume 24h$277.03m
CEX Volume$102.11m
DEX Volume$171.88m(62.04% 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
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 $6.074b in total value locked. TVL has increased 3.3% 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 93.6%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $55.22m in fees. Of that, $38.99m was protocol revenue. Based on the trailing year, the annualized rate is $1.039b in fees and $789.69m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $57.56. Its circulating market capitalization is $12.804b, ranking it #11. Its fully diluted valuation is $54.987b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is down 2.5% over the past 7 days and down 8.8% over the past 30 days. Its all-time high is $76.7, reached on Jun 16, 2026. The token is currently 25% 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 $2.879b in DEX volume over the past 30 days.

