Key Metrics
Fees (Annualized)$973.67m
Fees 30d$46.04m
Hyperliquid L1$46.04m
Fees 7d$11.89m
Hyperliquid L1$11.89m
Fees 24h$5.1m
Hyperliquid L1$5.1m
Cumulative Fees$1.484b
Hyperliquid L1$1.484b
Revenue (Annualized)$731.21m
Revenue 30d$32.53m
Hyperliquid L1$32.53m
Revenue 7d$8.96m
Hyperliquid L1$8.96m
Revenue 24h$4.07m
Hyperliquid L1$4.07m
Cumulative Revenue$1.2b
Hyperliquid L1$1.2b
Holders Revenue (Annualized)$731.21m
Holders Revenue 30d$32.53m
Hyperliquid L1$32.53m
Holders Revenue 7d$8.96m
Hyperliquid L1$8.96m
Holders Revenue 24h$4.07m
Hyperliquid L1$4.07m
Cumulative Holders Revenue$1.2b
Hyperliquid L1$1.2b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$731.21m
$32.53m
$8.96m
$4.07m
$1.2b
DEX Volume 30d$2.092b
DEX Volume 30d by chain
Hyperliquid L1$2.092b
DEX Volume 7d$595.81m
Hyperliquid L1$595.81m
DEX Volume 24h$280.52m
Hyperliquid L1$280.52m
Cumulative DEX Volume$161.69b
Hyperliquid L1$161.69b
Perp Volume 30d$184.906b
Perp Volume 30d by chain
Hyperliquid L1$184.906b
Perp Volume 7d$41.445b
Hyperliquid L1$41.445b
Perp Volume 24h$15.205b
Hyperliquid L1$15.205b
Cumulative Perp Volume$5.092t
Hyperliquid L1$5.092t
Liquidation Volume 30d$1.773b
Liquidation Volume 30d by chain
Hyperliquid L1$1.773b
Liquidation Volume 7d$894.58m
Hyperliquid L1$894.58m
Liquidation Volume 24h$751.59m
Hyperliquid L1$751.59m
Cumulative Liquidation Volume$31.541b
Hyperliquid L1$31.541b
$11.716b
Market Cap$15.863b
$HYPE Price$71.3
$71.298b
$27.669b
$HYPE Volume 24h$1.74b
CEX Volume$736.53m
DEX Volume$1.045b(60.08% 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.
- Hyperliquid BridgeBridge
- Hyperliquid HLPDerivatives
- Hyperliquid PerpsDerivatives
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
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 $6.322b in total value locked. TVL has increased 4.2% 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 91.5%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $46.04m in fees. Of that, $32.53m was protocol revenue. Based on the trailing year, the annualized rate is $973.67m in fees and $731.21m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $71.3. Its circulating market capitalization is $15.863b, ranking it #11. Its fully diluted valuation is $71.298b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is up 25.2% over the past 7 days and up 14.6% over the past 30 days. Its all-time high is $76.87, reached on Jun 16, 2026. The token is currently 7.2% 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 $2.092b in DEX volume over the past 30 days.
