Ask about Hyperliquid
Logo of HyperliquidHyperliquid(HYPE)Buy Now
Total Value Locked$5.037b

TVL by Chain

Arbitrum$3.637b

Hyperliquid L1$1.401b

Key Metrics

Fees (Annualized)$705.15m
Fees 30d$57.8m

Hyperliquid L1$57.8m

Fees 7d$14.28m

Hyperliquid L1$14.28m

Fees 24h$2.02m

Hyperliquid L1$2.02m

Cumulative Fees$1.267b

Hyperliquid L1$1.267b

Revenue (Annualized)$629.29m
Revenue 30d$51.58m

Hyperliquid L1$51.58m

Revenue 7d$12.83m

Hyperliquid L1$12.83m

Revenue 24h$1.81m

Hyperliquid L1$1.81m

Cumulative Revenue$1.147b

Hyperliquid L1$1.147b

Holders Revenue (Annualized)$629.29m
Holders Revenue 30d$51.58m

Hyperliquid L1$51.58m

Holders Revenue 7d$12.83m

Hyperliquid L1$12.83m

Holders Revenue 24h$1.81m

Hyperliquid L1$1.81m

Cumulative Holders Revenue$1.147b

Hyperliquid L1$1.147b

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$629.29m

Earnings 30d$51.58m

Earnings 7d$12.83m

Earnings 24h$1.81m

Cumulative Earnings$1.147b

DEX Volume 30d$3.095b
DEX Volume 30d by chain

Hyperliquid L1$3.095b

DEX Volume 7d$708.23m

Hyperliquid L1$708.23m

DEX Volume 24h$94.2m

Hyperliquid L1$94.2m

Cumulative DEX Volume$148.41b

Hyperliquid L1$148.41b

Perp Volume 30d$176.638b
Perp Volume 30d by chain

Hyperliquid L1$176.638b

Perp Volume 7d$45.175b

Hyperliquid L1$45.175b

Perp Volume 24h$6.706b

Hyperliquid L1$6.706b

Cumulative Perp Volume$4.409t

Hyperliquid L1$4.409t

Open Interest$9.195b

Market Cap$9.623b

$HYPE Price$40.37

All Time High$59.3

All Time Low$3.81

Fully Diluted Valuation$38.843b

Outstanding FDV$15.609b

$HYPE Volume 24h$281.03m

CEX Volume-

DEX Volume-(0% 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