Ask about Hyperliquid
Logo of HyperliquidHyperliquid(HYPE)
Total Value Locked$5.841b

TVL by Chain

Hyperliquid L1$3.487b

Arbitrum$2.355b

Key Metrics

Fees (Annualized)$1.055b
Fees 30d$71.58m

Hyperliquid L1$71.58m

Fees 7d$23.38m

Hyperliquid L1$23.38m

Fees 24h$5.45m

Hyperliquid L1$5.45m

Cumulative Fees$1.33b

Hyperliquid L1$1.33b

Revenue (Annualized)$879.14m
Revenue 30d$56.96m

Hyperliquid L1$56.96m

Revenue 7d$19.04m

Hyperliquid L1$19.04m

Revenue 24h$4.47m

Hyperliquid L1$4.47m

Cumulative Revenue$1.139b

Hyperliquid L1$1.139b

Holders Revenue (Annualized)$879.14m
Holders Revenue 30d$56.96m

Hyperliquid L1$56.96m

Holders Revenue 7d$19.04m

Hyperliquid L1$19.04m

Holders Revenue 24h$4.47m

Hyperliquid L1$4.47m

Cumulative Holders Revenue$1.139b

Hyperliquid L1$1.139b

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$879.14m

Earnings 30d$56.96m

Earnings 7d$19.04m

Earnings 24h$4.47m

Cumulative Earnings$1.139b

DEX Volume 30d$5.776b
DEX Volume 30d by chain

Hyperliquid L1$5.776b

DEX Volume 7d$2.094b

Hyperliquid L1$2.094b

DEX Volume 24h$496.64m

Hyperliquid L1$496.64m

Cumulative DEX Volume$153.617b

Hyperliquid L1$153.617b

Perp Volume 30d$212.36b
Perp Volume 30d by chain

Hyperliquid L1$212.36b

Perp Volume 7d$64.95b

Hyperliquid L1$64.95b

Perp Volume 24h$15.052b

Hyperliquid L1$15.052b

Cumulative Perp Volume$4.591t

Hyperliquid L1$4.591t

Open Interest$10.143b

Market Cap$13.683b

$HYPE Price$61.86

All Time High$75.48

All Time Low$3.81

Fully Diluted Valuation$58.765b

Outstanding FDV$23.918b

$HYPE Volume 24h$1.899b

CEX Volume$687.45m

DEX Volume$1.352b(71.17% 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