Ask about Hyperliquid
Logo of HyperliquidHyperliquid(HYPE)
Total Value Locked$5.739b

TVL by Chain

Hyperliquid L1$5.408b

Arbitrum$330.43m

Key Metrics

Fees (Annualized)$1.059b
Fees 30d$79.86m

Hyperliquid L1$79.86m

Fees 7d$15.42m

Hyperliquid L1$15.42m

Fees 24h$958,728

Hyperliquid L1$958,728

Cumulative Fees$1.387b

Hyperliquid L1$1.387b

Revenue (Annualized)$873.41m
Revenue 30d$62.71m

Hyperliquid L1$62.71m

Revenue 7d$11.55m

Hyperliquid L1$11.55m

Revenue 24h$704,479

Hyperliquid L1$704,479

Cumulative Revenue$1.182b

Hyperliquid L1$1.182b

Holders Revenue (Annualized)$873.41m
Holders Revenue 30d$62.71m

Hyperliquid L1$62.71m

Holders Revenue 7d$11.55m

Hyperliquid L1$11.55m

Holders Revenue 24h$704,479

Hyperliquid L1$704,479

Cumulative Holders Revenue$1.182b

Hyperliquid L1$1.182b

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$873.41m

Earnings 30d$62.71m

Earnings 7d$11.55m

Earnings 24h$704,479

Cumulative Earnings$1.182b

DEX Volume 30d$5.902b
DEX Volume 30d by chain

Hyperliquid L1$5.902b

DEX Volume 7d$889.89m

Hyperliquid L1$889.89m

DEX Volume 24h$73.2m

Hyperliquid L1$73.2m

Cumulative DEX Volume$157.424b

Hyperliquid L1$157.424b

Perp Volume 30d$247.158b
Perp Volume 30d by chain

Hyperliquid L1$247.158b

Perp Volume 7d$50.667b

Hyperliquid L1$50.667b

Perp Volume 24h$2.335b

Hyperliquid L1$2.335b

Cumulative Perp Volume$4.773t

Hyperliquid L1$4.773t

Open Interest$8.96b

Market Cap$14.01b

$HYPE Price$62.98

All Time High$76.7

All Time Low$3.81

Fully Diluted Valuation$60.166b

Outstanding FDV$24.384b

$HYPE Volume 24h$350.42m

CEX Volume$132.69m

DEX Volume$211.59m(60.38% 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