Ask about Hyperliquid
Logo of HyperliquidHyperliquid(HYPE)
Total Value Locked$6.057b

TVL by Chain

Hyperliquid L1$5.213b

Arbitrum$844.02m

Key Metrics

Fees (Annualized)$1.063b
Fees 30d$80.34m

Hyperliquid L1$80.34m

Fees 7d$15.6m

Hyperliquid L1$15.6m

Fees 24h$2.79m

Hyperliquid L1$2.79m

Cumulative Fees$1.363b

Hyperliquid L1$1.363b

Revenue (Annualized)$881.56m
Revenue 30d$63.91m

Hyperliquid L1$63.91m

Revenue 7d$11.91m

Hyperliquid L1$11.91m

Revenue 24h$2.03m

Hyperliquid L1$2.03m

Cumulative Revenue$1.164b

Hyperliquid L1$1.164b

Holders Revenue (Annualized)$881.56m
Holders Revenue 30d$63.91m

Hyperliquid L1$63.91m

Holders Revenue 7d$11.91m

Hyperliquid L1$11.91m

Holders Revenue 24h$2.03m

Hyperliquid L1$2.03m

Cumulative Holders Revenue$1.164b

Hyperliquid L1$1.164b

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$881.56m

Earnings 30d$63.91m

Earnings 7d$11.91m

Earnings 24h$2.03m

Cumulative Earnings$1.164b

DEX Volume 30d$6.585b
DEX Volume 30d by chain

Hyperliquid L1$6.585b

DEX Volume 7d$1.112b

Hyperliquid L1$1.112b

DEX Volume 24h$270.15m

Hyperliquid L1$270.15m

Cumulative DEX Volume$155.885b

Hyperliquid L1$155.885b

Perp Volume 30d$244.409b
Perp Volume 30d by chain

Hyperliquid L1$244.409b

Perp Volume 7d$52.759b

Hyperliquid L1$52.759b

Perp Volume 24h$8.989b

Hyperliquid L1$8.989b

Cumulative Perp Volume$4.696t

Hyperliquid L1$4.696t

Open Interest$9.612b

Market Cap$15.783b

$HYPE Price$70.95

All Time High$76.7

All Time Low$3.81

Fully Diluted Valuation$67.781b

Outstanding FDV$27.47b

$HYPE Volume 24h$1.252b

CEX Volume$416.64m

DEX Volume$795.38m(63.52% 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: Fees going to governance token holdersView 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