Key Metrics
Fees (Annualized)$1.003b
Fees 30d$47m
Hyperliquid L1$47m
Fees 7d$8.75m
Hyperliquid L1$8.75m
Fees 24h$1.15m
Hyperliquid L1$1.15m
Cumulative Fees$1.471b
Hyperliquid L1$1.471b
Revenue (Annualized)$754.57m
Revenue 30d$32.65m
Hyperliquid L1$32.65m
Revenue 7d$6.04m
Hyperliquid L1$6.04m
Revenue 24h$818,025
Hyperliquid L1$818,025
Cumulative Revenue$1.19b
Hyperliquid L1$1.19b
Holders Revenue (Annualized)$754.57m
Holders Revenue 30d$32.65m
Hyperliquid L1$32.65m
Holders Revenue 7d$6.04m
Hyperliquid L1$6.04m
Holders Revenue 24h$818,025
Hyperliquid L1$818,025
Cumulative Holders Revenue$1.19b
Hyperliquid L1$1.19b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$754.57m
$32.65m
$6.04m
$818,025
$1.19b
DEX Volume 30d$2.143b
DEX Volume 30d by chain
Hyperliquid L1$2.143b
DEX Volume 7d$384.16m
Hyperliquid L1$384.16m
DEX Volume 24h$56.25m
Hyperliquid L1$56.25m
Cumulative DEX Volume$161.027b
Hyperliquid L1$161.027b
Perp Volume 30d$192.918b
Perp Volume 30d by chain
Hyperliquid L1$192.918b
Perp Volume 7d$33.753b
Hyperliquid L1$33.753b
Perp Volume 24h$4.453b
Hyperliquid L1$4.453b
Cumulative Perp Volume$5.044t
Hyperliquid L1$5.044t
Liquidation Volume 30d$1.203b
Liquidation Volume 30d by chain
Hyperliquid L1$1.203b
Liquidation Volume 7d$138.65m
Hyperliquid L1$138.65m
Liquidation Volume 24h$14.46m
Hyperliquid L1$14.46m
Cumulative Liquidation Volume$30.629b
Hyperliquid L1$30.629b
$11.15b
Market Cap$12.226b
$HYPE Price$54.99
$54.954b
$21.339b
$HYPE Volume 24h$208.45m
CEX Volume$77.84m
DEX Volume$137.92m(66.16% 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
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
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 $6.017b in total value locked. TVL has increased 0.3% 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 92.9%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $47m in fees. Of that, $32.65m was protocol revenue. Based on the trailing year, the annualized rate is $1.003b in fees and $754.57m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $54.99. Its circulating market capitalization is $12.226b, ranking it #11. Its fully diluted valuation is $54.954b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is down 3.7% over the past 7 days and down 16% over the past 30 days. Its all-time high is $76.87, reached on Jun 16, 2026. The token is currently 28.5% 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 $2.143b in DEX volume over the past 30 days.

