Key Metrics
Fees (Annualized)$1.024b
Fees 30d$50.13m
Hyperliquid L1$50.13m
Fees 7d$11.99m
Hyperliquid L1$11.99m
Fees 24h$616,935
Hyperliquid L1$616,935
Cumulative Fees$1.458b
Hyperliquid L1$1.458b
Revenue (Annualized)$774.6m
Revenue 30d$34.47m
Hyperliquid L1$34.47m
Revenue 7d$7.71m
Hyperliquid L1$7.71m
Revenue 24h$1.45m
Hyperliquid L1$1.45m
Cumulative Revenue$1.181b
Hyperliquid L1$1.181b
Holders Revenue (Annualized)$772.97m
Holders Revenue 30d$34.96m
Hyperliquid L1$34.96m
Holders Revenue 7d$8.21m
Hyperliquid L1$8.21m
Holders Revenue 24h$493,722
Hyperliquid L1$493,722
Cumulative Holders Revenue$1.181b
Hyperliquid L1$1.181b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$774.6m
$34.47m
$7.71m
$1.45m
$1.181b
DEX Volume 30d$2.455b
DEX Volume 30d by chain
Hyperliquid L1$2.455b
DEX Volume 7d$533.31m
Hyperliquid L1$533.31m
DEX Volume 24h$44.28m
Hyperliquid L1$44.28m
Cumulative DEX Volume$160.476b
Hyperliquid L1$160.476b
Perp Volume 30d$192.493b
Perp Volume 30d by chain
Hyperliquid L1$192.493b
Perp Volume 7d$55.147b
Hyperliquid L1$55.147b
Perp Volume 24h$1.869b
Hyperliquid L1$1.869b
Cumulative Perp Volume$4.992t
Hyperliquid L1$4.992t
Liquidation Volume 30d$1.255b
Liquidation Volume 30d by chain
Hyperliquid L1$1.255b
Liquidation Volume 7d$466.19m
Hyperliquid L1$466.19m
Liquidation Volume 24h$27.95m
Hyperliquid L1$27.95m
Cumulative Liquidation Volume$30.385b
Hyperliquid L1$30.385b
$10.173b
Market Cap$11.639b
$HYPE Price$52.32
$49.984b
$20.281b
$HYPE Volume 24h$215.81m
CEX Volume$80.93m
DEX Volume$140.53m(65.11% 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 $6.054b in total value locked. TVL has increased 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 93.1%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $50.13m in fees. Of that, $34.47m was protocol revenue. Based on the trailing year, the annualized rate is $1.024b in fees and $774.6m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $52.32. Its circulating market capitalization is $11.639b, ranking it #11. Its fully diluted valuation is $49.984b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is down 9.9% over the past 7 days and down 21.8% over the past 30 days. Its all-time high is $76.7, reached on Jun 16, 2026. The token is currently 31.8% 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 $2.455b in DEX volume over the past 30 days.

