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Logo of HyperliquidHyperliquid(HYPE)
Total Value Locked$6.074b

TVL by Chain

Hyperliquid L1$5.687b

Arbitrum$386.66m

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

All Time High$76.7

All Time Low$3.81

View $HYPE token page

$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

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.