Key Metrics
Fees (Annualized)$961.88m
Fees 30d$55.18m
Hyperliquid L1$55.18m
Fees 7d$23.2m
Hyperliquid L1$23.2m
Fees 24h$189,162
Hyperliquid L1$189,162
Cumulative Fees$1.501b
Hyperliquid L1$1.501b
Revenue (Annualized)$722.86m
Revenue 30d$40.62m
Hyperliquid L1$40.62m
Revenue 7d$18.28m
Hyperliquid L1$18.28m
Revenue 24h$129,506
Hyperliquid L1$129,506
Cumulative Revenue$1.214b
Hyperliquid L1$1.214b
Holders Revenue (Annualized)$722.86m
Holders Revenue 30d$40.62m
Hyperliquid L1$40.62m
Holders Revenue 7d$18.28m
Hyperliquid L1$18.28m
Holders Revenue 24h$129,506
Hyperliquid L1$129,506
Cumulative Holders Revenue$1.214b
Hyperliquid L1$1.214b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$722.86m
$40.62m
$18.28m
$129,506
$1.214b
DEX Volume 30d$2.965b
DEX Volume 30d by chain
Hyperliquid L1$2.965b
DEX Volume 7d$1.571b
Hyperliquid L1$1.571b
DEX Volume 24h$214.52m
Hyperliquid L1$214.52m
Cumulative DEX Volume$162.908b
Hyperliquid L1$162.908b
Perp Volume 30d$210.2b
Perp Volume 30d by chain
Hyperliquid L1$210.2b
Perp Volume 7d$76.198b
Hyperliquid L1$76.198b
Perp Volume 24h$12.416b
Hyperliquid L1$12.416b
Cumulative Perp Volume$5.147t
Hyperliquid L1$5.147t
Liquidation Volume 30d$2.395b
Liquidation Volume 30d by chain
Hyperliquid L1$2.395b
Liquidation Volume 7d$1.579b
Hyperliquid L1$1.579b
Liquidation Volume 24h$60.33m
Hyperliquid L1$60.33m
Cumulative Liquidation Volume$32.314b
Hyperliquid L1$32.314b
$13.888b
Market Cap$17.647b
$HYPE Price$79.32
$75.788b
$30.781b
$HYPE Volume 24h$968.53m
CEX Volume$384.95m
DEX Volume$597.9m(61.73% 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.
- Hyperliquid BridgeBridge
- Hyperliquid HLPDerivatives
- Hyperliquid PerpsDerivatives
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
Frequently Asked Questions
What is Hyperliquid's TVL?
Hyperliquid currently has $6.731b in total value locked. TVL has increased 10.6% 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 94.7%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $55.18m in fees. Of that, $40.62m was protocol revenue. Based on the trailing year, the annualized rate is $961.88m in fees and $722.86m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $79.32. Its circulating market capitalization is $17.647b, ranking it #11. Its fully diluted valuation is $75.788b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is up 33.9% over the past 7 days and up 37% over the past 30 days. Its all-time high is $83.27, reached on Aug 23, 2026. The token is currently 4.7% 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 $2.965b in DEX volume over the past 30 days.
