Key Metrics
Fees (Annualized)$1.041b
Fees 30d$56.59m
Hyperliquid L1$56.59m
Fees 7d$10.95m
Hyperliquid L1$10.95m
Fees 24h$1.66m
Hyperliquid L1$1.66m
Cumulative Fees$1.443b
Hyperliquid L1$1.443b
Revenue (Annualized)$792.15m
Revenue 30d$40.05m
Hyperliquid L1$40.05m
Revenue 7d$7.65m
Hyperliquid L1$7.65m
Revenue 24h$1.06m
Hyperliquid L1$1.06m
Cumulative Revenue$1.171b
Hyperliquid L1$1.171b
Holders Revenue (Annualized)$792.15m
Holders Revenue 30d$40.05m
Hyperliquid L1$40.05m
Holders Revenue 7d$7.65m
Hyperliquid L1$7.65m
Holders Revenue 24h$1.06m
Hyperliquid L1$1.06m
Cumulative Holders Revenue$1.171b
Hyperliquid L1$1.171b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$792.15m
$40.05m
$7.65m
$1.06m
$1.171b
DEX Volume 30d$2.967b
DEX Volume 30d by chain
Hyperliquid L1$2.967b
DEX Volume 7d$525.17m
Hyperliquid L1$525.17m
DEX Volume 24h$73.2m
Hyperliquid L1$73.2m
Cumulative DEX Volume$159.841b
Hyperliquid L1$159.841b
Perp Volume 30d$192.022b
Perp Volume 30d by chain
Hyperliquid L1$192.022b
Perp Volume 7d$42.374b
Hyperliquid L1$42.374b
Perp Volume 24h$7.362b
Hyperliquid L1$7.362b
Cumulative Perp Volume$4.928t
Hyperliquid L1$4.928t
Liquidation Volume 30d$1.425b
Liquidation Volume 30d by chain
Hyperliquid L1$1.425b
Liquidation Volume 7d$184.76m
Hyperliquid L1$184.76m
Liquidation Volume 24h$27.11m
Hyperliquid L1$27.11m
Cumulative Liquidation Volume$29.853b
Hyperliquid L1$29.853b
$11.497b
Market Cap$13.01b
$HYPE Price$58.49
$55.874b
$22.672b
$HYPE Volume 24h$373.06m
CEX Volume$142.02m
DEX Volume$229.46m(61.51% 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
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 $6.111b in total value locked. TVL has increased 3% 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 93.5%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $56.59m in fees. Of that, $40.05m was protocol revenue. Based on the trailing year, the annualized rate is $1.041b in fees and $792.15m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $58.49. Its circulating market capitalization is $13.01b, ranking it #11. Its fully diluted valuation is $55.874b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is down 3.4% over the past 7 days and down 5.8% over the past 30 days. Its all-time high is $76.7, reached on Jun 16, 2026. The token is currently 23.7% 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 $2.967b in DEX volume over the past 30 days.

