Key Metrics
Fees (Annualized)$1.02b
Fees 30d$50.29m
Hyperliquid L1$50.29m
Fees 7d$11.04m
Hyperliquid L1$11.04m
Fees 24h$1.62m
Hyperliquid L1$1.62m
Cumulative Fees$1.462b
Hyperliquid L1$1.462b
Revenue (Annualized)$769.55m
Revenue 30d$35.08m
Hyperliquid L1$35.08m
Revenue 7d$7.74m
Hyperliquid L1$7.74m
Revenue 24h$1.12m
Hyperliquid L1$1.12m
Cumulative Revenue$1.184b
Hyperliquid L1$1.184b
Holders Revenue (Annualized)$769.55m
Holders Revenue 30d$35.08m
Hyperliquid L1$35.08m
Holders Revenue 7d$7.74m
Hyperliquid L1$7.74m
Holders Revenue 24h$1.12m
Hyperliquid L1$1.12m
Cumulative Holders Revenue$1.184b
Hyperliquid L1$1.184b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$769.55m
$35.08m
$7.74m
$1.12m
$1.184b
DEX Volume 30d$2.383b
DEX Volume 30d by chain
Hyperliquid L1$2.383b
DEX Volume 7d$470.17m
Hyperliquid L1$470.17m
DEX Volume 24h$52.08m
Hyperliquid L1$52.08m
Cumulative DEX Volume$160.643b
Hyperliquid L1$160.643b
Perp Volume 30d$200.679b
Perp Volume 30d by chain
Hyperliquid L1$200.679b
Perp Volume 7d$52.903b
Hyperliquid L1$52.903b
Perp Volume 24h$7.683b
Hyperliquid L1$7.683b
Cumulative Perp Volume$5.01t
Hyperliquid L1$5.01t
Liquidation Volume 30d$1.295b
Liquidation Volume 30d by chain
Hyperliquid L1$1.295b
Liquidation Volume 7d$298.19m
Hyperliquid L1$298.19m
Liquidation Volume 24h$48.55m
Hyperliquid L1$48.55m
Cumulative Liquidation Volume$30.49b
Hyperliquid L1$30.49b
$10.713b
Market Cap$12.443b
$HYPE Price$55.94
$55.926b
$21.684b
$HYPE Volume 24h$337.91m
CEX Volume$130.51m
DEX Volume$222.09m(65.72% 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 $6.037b in total value locked. TVL has increased 2.9% 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%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $50.29m in fees. Of that, $35.08m was protocol revenue. Based on the trailing year, the annualized rate is $1.02b in fees and $769.55m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $55.94. Its circulating market capitalization is $12.443b, ranking it #11. Its fully diluted valuation is $55.926b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is up 3.5% over the past 7 days and down 21.5% over the past 30 days. Its all-time high is $76.87, reached on Jun 16, 2026. The token is currently 27.2% 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 $2.383b in DEX volume over the past 30 days.

