Key Metrics
Fees (Annualized)$998.67m
Fees 30d$46.22m
Hyperliquid L1$46.22m
Fees 7d$8.69m
Hyperliquid L1$8.69m
Fees 24h$1.59m
Hyperliquid L1$1.59m
Cumulative Fees$1.472b
Hyperliquid L1$1.472b
Revenue (Annualized)$751.15m
Revenue 30d$32.12m
Hyperliquid L1$32.12m
Revenue 7d$6.04m
Hyperliquid L1$6.04m
Revenue 24h$1.14m
Hyperliquid L1$1.14m
Cumulative Revenue$1.191b
Hyperliquid L1$1.191b
Holders Revenue (Annualized)$751.15m
Holders Revenue 30d$32.12m
Hyperliquid L1$32.12m
Holders Revenue 7d$6.04m
Hyperliquid L1$6.04m
Holders Revenue 24h$1.14m
Hyperliquid L1$1.14m
Cumulative Holders Revenue$1.191b
Hyperliquid L1$1.191b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$751.15m
$32.12m
$6.04m
$1.14m
$1.191b
DEX Volume 30d$2.093b
DEX Volume 30d by chain
Hyperliquid L1$2.093b
DEX Volume 7d$373.11m
Hyperliquid L1$373.11m
DEX Volume 24h$67.84m
Hyperliquid L1$67.84m
Cumulative DEX Volume$161.095b
Hyperliquid L1$161.095b
Perp Volume 30d$190.251b
Perp Volume 30d by chain
Hyperliquid L1$190.251b
Perp Volume 7d$32.911b
Hyperliquid L1$32.911b
Perp Volume 24h$6.28b
Hyperliquid L1$6.28b
Cumulative Perp Volume$5.051t
Hyperliquid L1$5.051t
Liquidation Volume 30d$1.129b
Liquidation Volume 30d by chain
Hyperliquid L1$1.129b
Liquidation Volume 7d$125.2m
Hyperliquid L1$125.2m
Liquidation Volume 24h$17.78m
Hyperliquid L1$17.78m
Cumulative Liquidation Volume$30.646b
Hyperliquid L1$30.646b
$11.206b
Market Cap$12.527b
$HYPE Price$56.32
$56.306b
$21.856b
$HYPE Volume 24h$270.35m
CEX Volume$104.66m
DEX Volume$166.85m(61.72% 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 $6.018b in total value locked. TVL has increased 0.5% 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 $46.22m in fees. Of that, $32.12m was protocol revenue. Based on the trailing year, the annualized rate is $998.67m in fees and $751.15m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $56.32. Its circulating market capitalization is $12.527b, ranking it #11. Its fully diluted valuation is $56.306b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is down 1.2% over the past 7 days and down 11.3% over the past 30 days. Its all-time high is $76.87, reached on Jun 16, 2026. The token is currently 26.7% 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 $2.093b in DEX volume over the past 30 days.

