Ask about Hyperliquid
Logo of HyperliquidHyperliquid(HYPE)
Total Value Locked$5.111b

TVL by Chain

Arbitrum$3.735b

Hyperliquid L1$1.376b

Key Metrics

Fees (Annualized)$693.48m
Fees 30d$56.84m

Hyperliquid L1$56.84m

Fees 7d$14.32m

Hyperliquid L1$14.32m

Fees 24h$2.5m

Hyperliquid L1$2.5m

Cumulative Fees$1.281b

Hyperliquid L1$1.281b

Revenue (Annualized)$619.95m
Revenue 30d$50.82m

Hyperliquid L1$50.82m

Revenue 7d$12.85m

Hyperliquid L1$12.85m

Revenue 24h$2.25m

Hyperliquid L1$2.25m

Cumulative Revenue$1.16b

Hyperliquid L1$1.16b

Holders Revenue (Annualized)$619.95m
Holders Revenue 30d$50.82m

Hyperliquid L1$50.82m

Holders Revenue 7d$12.85m

Hyperliquid L1$12.85m

Holders Revenue 24h$2.25m

Hyperliquid L1$2.25m

Cumulative Holders Revenue$1.16b

Hyperliquid L1$1.16b

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$619.95m

Earnings 30d$50.82m

Earnings 7d$12.85m

Earnings 24h$2.25m

Cumulative Earnings$1.16b

DEX Volume 30d$3.308b
DEX Volume 30d by chain

Hyperliquid L1$3.308b

DEX Volume 7d$1.064b

Hyperliquid L1$1.064b

DEX Volume 24h$175.3m

Hyperliquid L1$175.3m

Cumulative DEX Volume$149.474b

Hyperliquid L1$149.474b

Perp Volume 30d$176.059b
Perp Volume 30d by chain

Hyperliquid L1$176.059b

Perp Volume 7d$43.877b

Hyperliquid L1$43.877b

Perp Volume 24h$8.516b

Hyperliquid L1$8.516b

Cumulative Perp Volume$4.453t

Hyperliquid L1$4.453t

Open Interest$8.86b

Market Cap$11.419b

$HYPE Price$47.93

All Time High$59.3

All Time Low$3.81

Fully Diluted Valuation$46.095b

Outstanding FDV$18.532b

$HYPE Volume 24h$731.67m

CEX Volume$334.27m

DEX Volume$395.66m(54.08% 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