Key Metrics
Fees (Annualized)$1.03b
Fees 30d$52.23m
Hyperliquid L1$52.23m
Fees 7d$12.03m
Hyperliquid L1$12.03m
Fees 24h$2.01m
Hyperliquid L1$2.01m
Cumulative Fees$1.457b
Hyperliquid L1$1.457b
Revenue (Annualized)$777.53m
Revenue 30d$36.36m
Hyperliquid L1$36.36m
Revenue 7d$8.16m
Hyperliquid L1$8.16m
Revenue 24h$1.45m
Hyperliquid L1$1.45m
Cumulative Revenue$1.181b
Hyperliquid L1$1.181b
Holders Revenue (Annualized)$777.53m
Holders Revenue 30d$36.36m
Hyperliquid L1$36.36m
Holders Revenue 7d$8.16m
Hyperliquid L1$8.16m
Holders Revenue 24h$1.45m
Hyperliquid L1$1.45m
Cumulative Holders Revenue$1.181b
Hyperliquid L1$1.181b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$777.53m
$36.36m
$8.16m
$1.45m
$1.181b
DEX Volume 30d$2.523b
DEX Volume 30d by chain
Hyperliquid L1$2.523b
DEX Volume 7d$523.48m
Hyperliquid L1$523.48m
DEX Volume 24h$103.44m
Hyperliquid L1$103.44m
Cumulative DEX Volume$160.432b
Hyperliquid L1$160.432b
Perp Volume 30d$199.879b
Perp Volume 30d by chain
Hyperliquid L1$199.879b
Perp Volume 7d$55.047b
Hyperliquid L1$55.047b
Perp Volume 24h$10.5b
Hyperliquid L1$10.5b
Cumulative Perp Volume$4.99t
Hyperliquid L1$4.99t
Liquidation Volume 30d$1.332b
Liquidation Volume 30d by chain
Hyperliquid L1$1.332b
Liquidation Volume 7d$444.01m
Hyperliquid L1$444.01m
Liquidation Volume 24h$63.28m
Hyperliquid L1$63.28m
Cumulative Liquidation Volume$30.357b
Hyperliquid L1$30.357b
$10.855b
Market Cap$11.599b
$HYPE Price$52.12
$49.813b
$20.203b
$HYPE Volume 24h$341.19m
CEX Volume$127.18m
DEX Volume$216.58m(63.48% 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 $6.06b in total value locked. TVL has increased 6% 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%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $52.23m in fees. Of that, $36.36m was protocol revenue. Based on the trailing year, the annualized rate is $1.03b in fees and $777.53m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $52.12. Its circulating market capitalization is $11.599b, ranking it #11. Its fully diluted valuation is $49.813b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is down 9.8% over the past 7 days and down 18.5% over the past 30 days. Its all-time high is $76.7, reached on Jun 16, 2026. The token is currently 32% 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 $2.523b in DEX volume over the past 30 days.

