Ask about Hyperliquid
Logo of HyperliquidHyperliquid(HYPE)
Total Value Locked$5.758b

TVL by Chain

Hyperliquid L1$5.418b

Arbitrum$340.33m

Key Metrics

Fees (Annualized)$1.06b
Fees 30d$78.64m

Hyperliquid L1$78.64m

Fees 7d$12.8m

Hyperliquid L1$12.8m

Fees 24h$2.71m

Hyperliquid L1$2.71m

Cumulative Fees$1.383b

Hyperliquid L1$1.383b

Revenue (Annualized)$874.62m
Revenue 30d$62m

Hyperliquid L1$62m

Revenue 7d$9.72m

Hyperliquid L1$9.72m

Revenue 24h$2.02m

Hyperliquid L1$2.02m

Cumulative Revenue$1.18b

Hyperliquid L1$1.18b

Holders Revenue (Annualized)$874.62m
Holders Revenue 30d$62m

Hyperliquid L1$62m

Holders Revenue 7d$9.72m

Hyperliquid L1$9.72m

Holders Revenue 24h$2.02m

Hyperliquid L1$2.02m

Cumulative Holders Revenue$1.18b

Hyperliquid L1$1.18b

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$874.62m

Earnings 30d$62m

Earnings 7d$9.72m

Earnings 24h$2.02m

Cumulative Earnings$1.18b

DEX Volume 30d$5.993b
DEX Volume 30d by chain

Hyperliquid L1$5.993b

DEX Volume 7d$898.33m

Hyperliquid L1$898.33m

DEX Volume 24h$157.53m

Hyperliquid L1$157.53m

Cumulative DEX Volume$157.351b

Hyperliquid L1$157.351b

Perp Volume 30d$252.3b
Perp Volume 30d by chain

Hyperliquid L1$252.3b

Perp Volume 7d$51.179b

Hyperliquid L1$51.179b

Perp Volume 24h$8.854b

Hyperliquid L1$8.854b

Cumulative Perp Volume$4.771t

Hyperliquid L1$4.771t

Open Interest$8.992b

Market Cap$14.318b

$HYPE Price$64.37

All Time High$76.7

All Time Low$3.81

Fully Diluted Valuation$61.49b

Outstanding FDV$24.922b

$HYPE Volume 24h$863.63m

CEX Volume$326.65m

DEX Volume$503.02m(58.24% 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:

Hyperliquid HLP - Fees going to governance token holdersView 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

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