Key Metrics
Fees (Annualized)$1.012b
Fees 30d$47.14m
Hyperliquid L1$47.14m
Fees 7d$9.55m
Hyperliquid L1$9.55m
Fees 24h$624,107
Hyperliquid L1$624,107
Cumulative Fees$1.467b
Hyperliquid L1$1.467b
Revenue (Annualized)$762.32m
Revenue 30d$32.73m
Hyperliquid L1$32.73m
Revenue 7d$6.68m
Hyperliquid L1$6.68m
Revenue 24h$378,920
Hyperliquid L1$378,920
Cumulative Revenue$1.188b
Hyperliquid L1$1.188b
Holders Revenue (Annualized)$762.32m
Holders Revenue 30d$32.73m
Hyperliquid L1$32.73m
Holders Revenue 7d$6.68m
Hyperliquid L1$6.68m
Holders Revenue 24h$378,920
Hyperliquid L1$378,920
Cumulative Holders Revenue$1.188b
Hyperliquid L1$1.188b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$762.32m
$32.73m
$6.68m
$378,920
$1.188b
DEX Volume 30d$2.195b
DEX Volume 30d by chain
Hyperliquid L1$2.195b
DEX Volume 7d$396.78m
Hyperliquid L1$396.78m
DEX Volume 24h$25.67m
Hyperliquid L1$25.67m
Cumulative DEX Volume$160.873b
Hyperliquid L1$160.873b
Perp Volume 30d$192.511b
Perp Volume 30d by chain
Hyperliquid L1$192.511b
Perp Volume 7d$40.653b
Hyperliquid L1$40.653b
Perp Volume 24h$1.344b
Hyperliquid L1$1.344b
Cumulative Perp Volume$5.032t
Hyperliquid L1$5.032t
Liquidation Volume 30d$1.182b
Liquidation Volume 30d by chain
Hyperliquid L1$1.182b
Liquidation Volume 7d$182.03m
Hyperliquid L1$182.03m
Liquidation Volume 24h$4.16m
Hyperliquid L1$4.16m
Cumulative Liquidation Volume$30.567b
Hyperliquid L1$30.567b
$10.554b
Market Cap$12.205b
$HYPE Price$54.87
$54.858b
$21.293b
$HYPE Volume 24h$139.17m
CEX Volume$55.16m
DEX Volume$86.58m(62.21% 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 $6.045b in total value locked. TVL has increased 2.7% 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 92.9%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $47.14m in fees. Of that, $32.73m was protocol revenue. Based on the trailing year, the annualized rate is $1.012b in fees and $762.32m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $54.87. Its circulating market capitalization is $12.205b, ranking it #11. Its fully diluted valuation is $54.858b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is up 4.8% over the past 7 days and down 19.1% over the past 30 days. Its all-time high is $76.87, reached on Jun 16, 2026. The token is currently 28.6% 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 $2.195b in DEX volume over the past 30 days.

