Ask about Hyperliquid
Logo of HyperliquidHyperliquid(HYPE)
Total Value Locked$5.966b

TVL by Chain

Hyperliquid L1$5.588b

Arbitrum$378.47m

Key Metrics

Fees (Annualized)$1.073b
Fees 30d$64.08m

Hyperliquid L1$64.08m

Fees 7d$12.56m

Hyperliquid L1$12.56m

Fees 24h$1.78m

Hyperliquid L1$1.78m

Cumulative Fees$1.42b

Hyperliquid L1$1.42b

Revenue (Annualized)$827.3m
Revenue 30d$45.95m

Hyperliquid L1$45.95m

Revenue 7d$8.92m

Hyperliquid L1$8.92m

Revenue 24h$1.24m

Hyperliquid L1$1.24m

Cumulative Revenue$1.155b

Hyperliquid L1$1.155b

Holders Revenue (Annualized)$827.3m
Holders Revenue 30d$45.95m

Hyperliquid L1$45.95m

Holders Revenue 7d$8.92m

Hyperliquid L1$8.92m

Holders Revenue 24h$1.24m

Hyperliquid L1$1.24m

Cumulative Holders Revenue$1.155b

Hyperliquid L1$1.155b

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$827.3m

Earnings 30d$45.95m

Earnings 7d$8.92m

Earnings 24h$1.24m

Cumulative Earnings$1.155b

DEX Volume 30d$3.905b
DEX Volume 30d by chain

Hyperliquid L1$3.905b

DEX Volume 7d$656.28m

Hyperliquid L1$656.28m

DEX Volume 24h$78.47m

Hyperliquid L1$78.47m

Cumulative DEX Volume$158.677b

Hyperliquid L1$158.677b

Perp Volume 30d$205.499b
Perp Volume 30d by chain

Hyperliquid L1$205.499b

Perp Volume 7d$40.635b

Hyperliquid L1$40.635b

Perp Volume 24h$7.217b

Hyperliquid L1$7.217b

Cumulative Perp Volume$4.849t

Hyperliquid L1$4.849t

Liquidation Volume 30d$2.482b
Liquidation Volume 30d by chain

Hyperliquid L1$2.482b

Liquidation Volume 7d$255.21m

Hyperliquid L1$255.21m

Liquidation Volume 24h$26.09m

Hyperliquid L1$26.09m

Cumulative Liquidation Volume$29.385b

Hyperliquid L1$29.385b

Open Interest$10.295b

Market Cap$14.921b

$HYPE Price$67.08

All Time High$76.7

All Time Low$3.81

View $HYPE token page

Fully Diluted Valuation$64.081b

Outstanding FDV$26.002b

$HYPE Volume 24h$361.41m

CEX Volume$138.06m

DEX Volume$225.61m(62.43% 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