Key Metrics
Fees 30d$71.73m
Fees 30d by chain
Hyperliquid L1$71.73m
Fees 7d$16.47m
Hyperliquid L1$16.47m
Fees 24h$1.65m
Hyperliquid L1$1.65m
Cumulative Fees$1.539b
Hyperliquid L1$1.539b
Revenue 30d$55.53m
Revenue 30d by chain
Hyperliquid L1$55.53m
Revenue 7d$12.79m
Hyperliquid L1$12.79m
Revenue 24h$1.31m
Hyperliquid L1$1.31m
Cumulative Revenue$1.243b
Hyperliquid L1$1.243b
Holders Revenue 30d$55.53m
Holders Revenue 30d by chain
Hyperliquid L1$55.53m
Holders Revenue 7d$12.79m
Hyperliquid L1$12.79m
Holders Revenue 24h$1.31m
Hyperliquid L1$1.31m
Cumulative Holders Revenue$1.243b
Hyperliquid L1$1.243b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$709.88m
$55.53m
$12.79m
$1.31m
$1.243b
DEX Volume 30d$4.415b
DEX Volume 30d by chain
Hyperliquid L1$4.415b
DEX Volume 7d$1.115b
Hyperliquid L1$1.115b
DEX Volume 24h$143.98m
Hyperliquid L1$143.98m
Cumulative DEX Volume$165.263b
Hyperliquid L1$165.263b
Perp Volume 30d$206.84b
Perp Volume 30d by chain
Hyperliquid L1$206.84b
Perp Volume 7d$48.13b
Hyperliquid L1$48.13b
Perp Volume 24h$3.842b
Hyperliquid L1$3.842b
Cumulative Perp Volume$5.246t
Hyperliquid L1$5.246t
Liquidation Volume 30d$2.329b
Liquidation Volume 30d by chain
Hyperliquid L1$2.329b
Liquidation Volume 7d$288.19m
Hyperliquid L1$288.19m
Liquidation Volume 24h$27.42m
Hyperliquid L1$27.42m
Cumulative Liquidation Volume$32.892b
Hyperliquid L1$32.892b
$14.297b
Market Cap$18.941b
$HYPE Price$85.15
$81.343b
$33.053b
$HYPE Volume 24h$1.149b
CEX Volume$240.44m
DEX Volume$901.49m(78.43% 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.
- Hyperliquid BridgeBridge
- Hyperliquid HLPDerivatives
- Hyperliquid PerpsDerivatives
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
Frequently Asked Questions
What is Hyperliquid's TVL?
Hyperliquid currently has $6.896b in total value locked. TVL has increased 13.9% 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 93.4%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $71.73m in fees. Of that, $55.53m was protocol revenue. Based on the trailing year, the annualized rate is $946.19m in fees and $709.88m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $85.4. Its circulating market capitalization is $18.995b, ranking it #11. Its fully diluted valuation is $81.574b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is up 2% over the past 7 days and up 55.2% over the past 30 days. Its all-time high is $89.6, reached on Sep 6, 2026. The token is currently 4.7% 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 $4.415b in DEX volume over the past 30 days.
