Ask about Hyperliquid
Logo of HyperliquidHyperliquid(HYPE)
Total Value Locked$6.002b

TVL by Chain

Hyperliquid L1$5.626b

Arbitrum$375.68m

Key Metrics

Fees (Annualized)$1.068b
Fees 30d$61.53m

Hyperliquid L1$61.53m

Fees 7d$12.22m

Hyperliquid L1$12.22m

Fees 24h$877,377

Hyperliquid L1$877,377

Cumulative Fees$1.423b

Hyperliquid L1$1.423b

Revenue (Annualized)$822.1m
Revenue 30d$43.93m

Hyperliquid L1$43.93m

Revenue 7d$8.63m

Hyperliquid L1$8.63m

Revenue 24h$639,667

Hyperliquid L1$639,667

Cumulative Revenue$1.157b

Hyperliquid L1$1.157b

Holders Revenue (Annualized)$822.1m
Holders Revenue 30d$43.93m

Hyperliquid L1$43.93m

Holders Revenue 7d$8.63m

Hyperliquid L1$8.63m

Holders Revenue 24h$639,667

Hyperliquid L1$639,667

Cumulative Holders Revenue$1.157b

Hyperliquid L1$1.157b

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$822.1m

Earnings 30d$43.93m

Earnings 7d$8.63m

Earnings 24h$639,667

Cumulative Earnings$1.157b

DEX Volume 30d$3.765b
DEX Volume 30d by chain

Hyperliquid L1$3.765b

DEX Volume 7d$639.64m

Hyperliquid L1$639.64m

DEX Volume 24h$70.52m

Hyperliquid L1$70.52m

Cumulative DEX Volume$158.831b

Hyperliquid L1$158.831b

Perp Volume 30d$194.992b
Perp Volume 30d by chain

Hyperliquid L1$194.992b

Perp Volume 7d$41.803b

Hyperliquid L1$41.803b

Perp Volume 24h$2.182b

Hyperliquid L1$2.182b

Cumulative Perp Volume$4.858t

Hyperliquid L1$4.858t

Liquidation Volume 30d$2.315b
Liquidation Volume 30d by chain

Hyperliquid L1$2.315b

Liquidation Volume 7d$242.61m

Hyperliquid L1$242.61m

Liquidation Volume 24h$6.56m

Hyperliquid L1$6.56m

Cumulative Liquidation Volume$29.42b

Hyperliquid L1$29.42b

Open Interest$10.741b

Market Cap$15.082b

$HYPE Price$67.8

All Time High$76.7

All Time Low$3.81

View $HYPE token page

Fully Diluted Valuation$64.772b

Outstanding FDV$26.281b

$HYPE Volume 24h$245.37m

CEX Volume$96.35m

DEX Volume$144.11m(58.73% 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.

Category:Bridge

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:

Hyperliquid HLP - Fees going to governance token holdersView 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

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