Ask about Hyperliquid
Logo of HyperliquidHyperliquid(HYPE)
Total Value Locked$5.843b

TVL by Chain

Hyperliquid L1$5.477b

Arbitrum$366.08m

Key Metrics

Fees (Annualized)$1.073b
Fees 30d$66.35m

Hyperliquid L1$66.35m

Fees 7d$14.49m

Hyperliquid L1$14.49m

Fees 24h$2.64m

Hyperliquid L1$2.64m

Cumulative Fees$1.414b

Hyperliquid L1$1.414b

Revenue (Annualized)$829.06m
Revenue 30d$48.01m

Hyperliquid L1$48.01m

Revenue 7d$10.33m

Hyperliquid L1$10.33m

Revenue 24h$1.92m

Hyperliquid L1$1.92m

Cumulative Revenue$1.151b

Hyperliquid L1$1.151b

Holders Revenue (Annualized)$829.06m
Holders Revenue 30d$48.01m

Hyperliquid L1$48.01m

Holders Revenue 7d$10.33m

Hyperliquid L1$10.33m

Holders Revenue 24h$1.92m

Hyperliquid L1$1.92m

Cumulative Holders Revenue$1.151b

Hyperliquid L1$1.151b

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$829.06m

Earnings 30d$48.01m

Earnings 7d$10.33m

Earnings 24h$1.92m

Cumulative Earnings$1.151b

DEX Volume 30d$4.119b
DEX Volume 30d by chain

Hyperliquid L1$4.119b

DEX Volume 7d$723.84m

Hyperliquid L1$723.84m

DEX Volume 24h$116.71m

Hyperliquid L1$116.71m

Cumulative DEX Volume$158.376b

Hyperliquid L1$158.376b

Perp Volume 30d$210.515b
Perp Volume 30d by chain

Hyperliquid L1$210.515b

Perp Volume 7d$43.324b

Hyperliquid L1$43.324b

Perp Volume 24h$7.924b

Hyperliquid L1$7.924b

Cumulative Perp Volume$4.827t

Hyperliquid L1$4.827t

Liquidation Volume 30d$2.818b
Liquidation Volume 30d by chain

Hyperliquid L1$2.818b

Liquidation Volume 7d$403.05m

Hyperliquid L1$403.05m

Liquidation Volume 24h$82.11m

Hyperliquid L1$82.11m

Cumulative Liquidation Volume$29.277b

Hyperliquid L1$29.277b

Open Interest$10.286b

Market Cap$15.396b

$HYPE Price$69.2

All Time High$76.7

All Time Low$3.81

Fully Diluted Valuation$66.117b

Outstanding FDV$26.824b

$HYPE Volume 24h$537.91m

CEX Volume$221.66m

DEX Volume$325.93m(60.59% 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:

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