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

TVL by Chain

Hyperliquid L1$5.417b

Arbitrum$321.2m

Key Metrics

Fees (Annualized)$1.069b
Fees 30d$79.27m

Hyperliquid L1$79.27m

Fees 7d$15.89m

Hyperliquid L1$15.89m

Fees 24h$1.1m

Hyperliquid L1$1.1m

Cumulative Fees$1.398b

Hyperliquid L1$1.398b

Revenue (Annualized)$829.57m
Revenue 30d$58.93m

Hyperliquid L1$58.93m

Revenue 7d$11.48m

Hyperliquid L1$11.48m

Revenue 24h$799,088

Hyperliquid L1$799,088

Cumulative Revenue$1.139b

Hyperliquid L1$1.139b

Holders Revenue (Annualized)$829.57m
Holders Revenue 30d$58.93m

Hyperliquid L1$58.93m

Holders Revenue 7d$11.48m

Hyperliquid L1$11.48m

Holders Revenue 24h$799,088

Hyperliquid L1$799,088

Cumulative Holders Revenue$1.139b

Hyperliquid L1$1.139b

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$829.57m

Earnings 30d$58.93m

Earnings 7d$11.48m

Earnings 24h$799,088

Cumulative Earnings$1.139b

DEX Volume 30d$5.745b
DEX Volume 30d by chain

Hyperliquid L1$5.745b

DEX Volume 7d$888.35m

Hyperliquid L1$888.35m

DEX Volume 24h$73.82m

Hyperliquid L1$73.82m

Cumulative DEX Volume$157.498b

Hyperliquid L1$157.498b

Perp Volume 30d$243.161b
Perp Volume 30d by chain

Hyperliquid L1$243.161b

Perp Volume 7d$50.007b

Hyperliquid L1$50.007b

Perp Volume 24h$2.883b

Hyperliquid L1$2.883b

Cumulative Perp Volume$4.776t

Hyperliquid L1$4.776t

Open Interest$8.984b

Market Cap$14.275b

$HYPE Price$63.99

All Time High$76.7

All Time Low$3.81

Fully Diluted Valuation$61.306b

Outstanding FDV$24.775b

$HYPE Volume 24h$457.89m

CEX Volume$200.29m

DEX Volume$313.05m(68.37% 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