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

TVL by Chain

Hyperliquid L1$5.47b

Arbitrum$374.25m

Key Metrics

Fees (Annualized)$1.072b
Fees 30d$75.6m

Hyperliquid L1$75.6m

Fees 7d$13.99m

Hyperliquid L1$13.99m

Fees 24h$1.75m

Hyperliquid L1$1.75m

Cumulative Fees$1.409b

Hyperliquid L1$1.409b

Revenue (Annualized)$828.98m
Revenue 30d$55.35m

Hyperliquid L1$55.35m

Revenue 7d$9.92m

Hyperliquid L1$9.92m

Revenue 24h$1.26m

Hyperliquid L1$1.26m

Cumulative Revenue$1.147b

Hyperliquid L1$1.147b

Holders Revenue (Annualized)$828.98m
Holders Revenue 30d$55.35m

Hyperliquid L1$55.35m

Holders Revenue 7d$9.92m

Hyperliquid L1$9.92m

Holders Revenue 24h$1.26m

Hyperliquid L1$1.26m

Cumulative Holders Revenue$1.147b

Hyperliquid L1$1.147b

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$828.98m

Earnings 30d$55.35m

Earnings 7d$9.92m

Earnings 24h$1.26m

Cumulative Earnings$1.147b

DEX Volume 30d$5.01b
DEX Volume 30d by chain

Hyperliquid L1$5.01b

DEX Volume 7d$778.53m

Hyperliquid L1$778.53m

DEX Volume 24h$108.67m

Hyperliquid L1$108.67m

Cumulative DEX Volume$158.13b

Hyperliquid L1$158.13b

Perp Volume 30d$237.693b
Perp Volume 30d by chain

Hyperliquid L1$237.693b

Perp Volume 7d$42.768b

Hyperliquid L1$42.768b

Perp Volume 24h$5.063b

Hyperliquid L1$5.063b

Cumulative Perp Volume$4.813t

Hyperliquid L1$4.813t

Liquidation Volume 30d$4.044b
Liquidation Volume 30d by chain

Hyperliquid L1$4.044b

Liquidation Volume 7d$363.38m

Hyperliquid L1$363.38m

Liquidation Volume 24h$27.27m

Hyperliquid L1$27.27m

Cumulative Liquidation Volume$29.157b

Hyperliquid L1$29.157b

Open Interest$9.799b

Market Cap$15.784b

$HYPE Price$70.95

All Time High$76.7

All Time Low$3.81

Fully Diluted Valuation$67.785b

Outstanding FDV$27.47b

$HYPE Volume 24h$522.28m

CEX Volume$209.28m

DEX Volume$288.16m(55.17% 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.

CategoryBridge
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