Key Metrics
Fees (Annualized)$974.04m
Fees 30d$43.13m
Hyperliquid L1$43.13m
Fees 7d$8.4m
Hyperliquid L1$8.4m
Fees 24h$1.43m
Hyperliquid L1$1.43m
Cumulative Fees$1.479b
Hyperliquid L1$1.479b
Revenue (Annualized)$731.5m
Revenue 30d$30.07m
Hyperliquid L1$30.07m
Revenue 7d$6.04m
Hyperliquid L1$6.04m
Revenue 24h$1.03m
Hyperliquid L1$1.03m
Cumulative Revenue$1.196b
Hyperliquid L1$1.196b
Holders Revenue (Annualized)$731.5m
Holders Revenue 30d$30.07m
Hyperliquid L1$30.07m
Holders Revenue 7d$6.04m
Hyperliquid L1$6.04m
Holders Revenue 24h$1.03m
Hyperliquid L1$1.03m
Cumulative Holders Revenue$1.196b
Hyperliquid L1$1.196b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$731.5m
$30.07m
$6.04m
$1.03m
$1.196b
DEX Volume 30d$1.876b
DEX Volume 30d by chain
Hyperliquid L1$1.876b
DEX Volume 7d$383.13m
Hyperliquid L1$383.13m
DEX Volume 24h$72.84m
Hyperliquid L1$72.84m
Cumulative DEX Volume$161.41b
Hyperliquid L1$161.41b
Perp Volume 30d$177.906b
Perp Volume 30d by chain
Hyperliquid L1$177.906b
Perp Volume 7d$32.52b
Hyperliquid L1$32.52b
Perp Volume 24h$6.192b
Hyperliquid L1$6.192b
Cumulative Perp Volume$5.077t
Hyperliquid L1$5.077t
Liquidation Volume 30d$1.048b
Liquidation Volume 30d by chain
Hyperliquid L1$1.048b
Liquidation Volume 7d$160.76m
Hyperliquid L1$160.76m
Liquidation Volume 24h$54.18m
Hyperliquid L1$54.18m
Cumulative Liquidation Volume$30.789b
Hyperliquid L1$30.789b
$12.253b
Market Cap$13.863b
$HYPE Price$62.32
$62.308b
$24.184b
$HYPE Volume 24h$450.41m
CEX Volume$376.13m
DEX Volume$543.68m(120.71% 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 $6.097b in total value locked. TVL has increased 0.2% 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 92.1%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $43.13m in fees. Of that, $30.07m was protocol revenue. Based on the trailing year, the annualized rate is $974.04m in fees and $731.5m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $69.72. Its circulating market capitalization is $15.508b, ranking it #11. Its fully diluted valuation is $69.706b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is up 9.5% over the past 7 days and up 0.5% over the past 30 days. Its all-time high is $76.87, reached on Jun 16, 2026. The token is currently 9.3% 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 $1.876b in DEX volume over the past 30 days.
