Key Metrics
Fees (Annualized)$957.14m
Fees 30d$62.11m
Hyperliquid L1$62.11m
Fees 7d$21.04m
Hyperliquid L1$21.04m
Fees 24h$3.56m
Hyperliquid L1$3.56m
Cumulative Fees$1.516b
Hyperliquid L1$1.516b
Revenue (Annualized)$718.98m
Revenue 30d$47.1m
Hyperliquid L1$47.1m
Revenue 7d$16.64m
Hyperliquid L1$16.64m
Revenue 24h$2.77m
Hyperliquid L1$2.77m
Cumulative Revenue$1.225b
Hyperliquid L1$1.225b
Holders Revenue (Annualized)$718.98m
Holders Revenue 30d$47.1m
Hyperliquid L1$47.1m
Holders Revenue 7d$16.64m
Hyperliquid L1$16.64m
Holders Revenue 24h$2.77m
Hyperliquid L1$2.77m
Cumulative Holders Revenue$1.225b
Hyperliquid L1$1.225b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$718.98m
$47.1m
$16.64m
$2.77m
$1.225b
DEX Volume 30d$3.621b
DEX Volume 30d by chain
Hyperliquid L1$3.621b
DEX Volume 7d$1.587b
Hyperliquid L1$1.587b
DEX Volume 24h$225.55m
Hyperliquid L1$225.55m
Cumulative DEX Volume$163.879b
Hyperliquid L1$163.879b
Perp Volume 30d$217.602b
Perp Volume 30d by chain
Hyperliquid L1$217.602b
Perp Volume 7d$67.907b
Hyperliquid L1$67.907b
Perp Volume 24h$9.489b
Hyperliquid L1$9.489b
Cumulative Perp Volume$5.188t
Hyperliquid L1$5.188t
Liquidation Volume 30d$2.275b
Liquidation Volume 30d by chain
Hyperliquid L1$2.275b
Liquidation Volume 7d$393.67m
Hyperliquid L1$393.67m
Liquidation Volume 24h$60.01m
Hyperliquid L1$60.01m
Cumulative Liquidation Volume$32.547b
Hyperliquid L1$32.547b
$13.74b
Market Cap$17.977b
$HYPE Price$80.85
$77.205b
$31.375b
$HYPE Volume 24h$1.445b
CEX Volume$324.84m
DEX Volume$1.071b(74.14% 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 $6.716b in total value locked. TVL has increased 9.6% 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 95.4%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $62.11m in fees. Of that, $47.1m was protocol revenue. Based on the trailing year, the annualized rate is $957.14m in fees and $718.98m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $80.74. Its circulating market capitalization is $17.962b, ranking it #11. Its fully diluted valuation is $77.139b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is up 6.3% over the past 7 days and up 50.4% over the past 30 days. Its all-time high is $86.71, reached on Aug 27, 2026. The token is currently 6.9% 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 $3.621b in DEX volume over the past 30 days.
