Key Metrics
Fees (Annualized)$1.007b
Fees 30d$46.74m
Hyperliquid L1$46.74m
Fees 7d$9.22m
Hyperliquid L1$9.22m
Fees 24h$1.45m
Hyperliquid L1$1.45m
Cumulative Fees$1.47b
Hyperliquid L1$1.47b
Revenue (Annualized)$758.38m
Revenue 30d$32.46m
Hyperliquid L1$32.46m
Revenue 7d$6.35m
Hyperliquid L1$6.35m
Revenue 24h$1.07m
Hyperliquid L1$1.07m
Cumulative Revenue$1.19b
Hyperliquid L1$1.19b
Holders Revenue (Annualized)$758.38m
Holders Revenue 30d$32.46m
Hyperliquid L1$32.46m
Holders Revenue 7d$6.35m
Hyperliquid L1$6.35m
Holders Revenue 24h$1.07m
Hyperliquid L1$1.07m
Cumulative Holders Revenue$1.19b
Hyperliquid L1$1.19b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$758.38m
$32.46m
$6.35m
$1.07m
$1.19b
DEX Volume 30d$2.14b
DEX Volume 30d by chain
Hyperliquid L1$2.14b
DEX Volume 7d$380m
Hyperliquid L1$380m
DEX Volume 24h$58.95m
Hyperliquid L1$58.95m
Cumulative DEX Volume$160.971b
Hyperliquid L1$160.971b
Perp Volume 30d$190.782b
Perp Volume 30d by chain
Hyperliquid L1$190.782b
Perp Volume 7d$36.983b
Hyperliquid L1$36.983b
Perp Volume 24h$5.685b
Hyperliquid L1$5.685b
Cumulative Perp Volume$5.04t
Hyperliquid L1$5.04t
Liquidation Volume 30d$1.194b
Liquidation Volume 30d by chain
Hyperliquid L1$1.194b
Liquidation Volume 7d$172.75m
Hyperliquid L1$172.75m
Liquidation Volume 24h$42.85m
Hyperliquid L1$42.85m
Cumulative Liquidation Volume$30.614b
Hyperliquid L1$30.614b
$10.866b
Market Cap$12.112b
$HYPE Price$54.49
$54.44b
$21.145b
$HYPE Volume 24h$181.44m
CEX Volume$88.51m
DEX Volume$139.47m(76.87% 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 $6.049b in total value locked. TVL has increased 0.9% 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 $46.74m in fees. Of that, $32.46m was protocol revenue. Based on the trailing year, the annualized rate is $1.007b in fees and $758.38m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $54.29. Its circulating market capitalization is $12.078b, ranking it #11. Its fully diluted valuation is $54.286b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is down 1.8% over the past 7 days and down 19% over the past 30 days. Its all-time high is $76.87, reached on Jun 16, 2026. The token is currently 29.4% 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 $2.14b in DEX volume over the past 30 days.

