Key Metrics
Fees (Annualized)$1.022b
Fees 30d$49.73m
Hyperliquid L1$49.73m
Fees 7d$11.49m
Hyperliquid L1$11.49m
Fees 24h$1.6m
Hyperliquid L1$1.6m
Cumulative Fees$1.46b
Hyperliquid L1$1.46b
Revenue (Annualized)$770.96m
Revenue 30d$34.74m
Hyperliquid L1$34.74m
Revenue 7d$7.99m
Hyperliquid L1$7.99m
Revenue 24h$1.16m
Hyperliquid L1$1.16m
Cumulative Revenue$1.183b
Hyperliquid L1$1.183b
Holders Revenue (Annualized)$770.96m
Holders Revenue 30d$34.74m
Hyperliquid L1$34.74m
Holders Revenue 7d$7.99m
Hyperliquid L1$7.99m
Holders Revenue 24h$1.16m
Hyperliquid L1$1.16m
Cumulative Holders Revenue$1.183b
Hyperliquid L1$1.183b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$770.96m
$34.74m
$7.99m
$1.16m
$1.183b
DEX Volume 30d$2.399b
DEX Volume 30d by chain
Hyperliquid L1$2.399b
DEX Volume 7d$514.38m
Hyperliquid L1$514.38m
DEX Volume 24h$56.29m
Hyperliquid L1$56.29m
Cumulative DEX Volume$160.591b
Hyperliquid L1$160.591b
Perp Volume 30d$195.602b
Perp Volume 30d by chain
Hyperliquid L1$195.602b
Perp Volume 7d$54.207b
Hyperliquid L1$54.207b
Perp Volume 24h$7.611b
Hyperliquid L1$7.611b
Cumulative Perp Volume$5.003t
Hyperliquid L1$5.003t
Liquidation Volume 30d$1.264b
Liquidation Volume 30d by chain
Hyperliquid L1$1.264b
Liquidation Volume 7d$339.88m
Hyperliquid L1$339.88m
Liquidation Volume 24h$34.48m
Hyperliquid L1$34.48m
Cumulative Liquidation Volume$30.441b
Hyperliquid L1$30.441b
$10.464b
Market Cap$12.361b
$HYPE Price$55.59
$53.085b
$21.548b
$HYPE Volume 24h$315.05m
CEX Volume$116.51m
DEX Volume$189.03m(60% 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 $6.023b in total value locked. TVL has increased 2.9% 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 93.1%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $49.73m in fees. Of that, $34.74m was protocol revenue. Based on the trailing year, the annualized rate is $1.022b in fees and $770.96m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $55.59. Its circulating market capitalization is $12.361b, ranking it #11. Its fully diluted valuation is $53.085b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is up 2.1% over the past 7 days and down 19.3% over the past 30 days. Its all-time high is $76.7, reached on Jun 16, 2026. The token is currently 27.5% 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 $2.399b in DEX volume over the past 30 days.

