Key Metrics
Fees (Annualized)$1.035b
Fees 30d$52.56m
Hyperliquid L1$52.56m
Fees 7d$10.69m
Hyperliquid L1$10.69m
Fees 24h$2.22m
Hyperliquid L1$2.22m
Cumulative Fees$1.449b
Hyperliquid L1$1.449b
Revenue (Annualized)$784.33m
Revenue 30d$36.88m
Hyperliquid L1$36.88m
Revenue 7d$7.27m
Hyperliquid L1$7.27m
Revenue 24h$1.51m
Hyperliquid L1$1.51m
Cumulative Revenue$1.175b
Hyperliquid L1$1.175b
Holders Revenue (Annualized)$784.33m
Holders Revenue 30d$36.88m
Hyperliquid L1$36.88m
Holders Revenue 7d$7.27m
Hyperliquid L1$7.27m
Holders Revenue 24h$1.51m
Hyperliquid L1$1.51m
Cumulative Holders Revenue$1.175b
Hyperliquid L1$1.175b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$784.33m
$36.88m
$7.27m
$1.51m
$1.175b
DEX Volume 30d$2.652b
DEX Volume 30d by chain
Hyperliquid L1$2.652b
DEX Volume 7d$477.52m
Hyperliquid L1$477.52m
DEX Volume 24h$95.13m
Hyperliquid L1$95.13m
Cumulative DEX Volume$160.076b
Hyperliquid L1$160.076b
Perp Volume 30d$184.747b
Perp Volume 30d by chain
Hyperliquid L1$184.747b
Perp Volume 7d$41.539b
Hyperliquid L1$41.539b
Perp Volume 24h$9.292b
Hyperliquid L1$9.292b
Cumulative Perp Volume$4.949t
Hyperliquid L1$4.949t
Liquidation Volume 30d$1.302b
Liquidation Volume 30d by chain
Hyperliquid L1$1.302b
Liquidation Volume 7d$333.17m
Hyperliquid L1$333.17m
Liquidation Volume 24h$150.04m
Hyperliquid L1$150.04m
Cumulative Liquidation Volume$30.102b
Hyperliquid L1$30.102b
$11.447b
Market Cap$12.309b
$HYPE Price$55.33
$52.86b
$21.447b
$HYPE Volume 24h$479.85m
CEX Volume$163.02m
DEX Volume$314.82m(65.61% 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.
Category:Bridge
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
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
Competitors
Frequently Asked Questions
What is Hyperliquid?
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.
What is Hyperliquid's TVL?
Hyperliquid currently has $6.126b in total value locked. TVL has increased 6.5% 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 93.5%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $52.56m in fees. Of that, $36.88m was protocol revenue. Based on the trailing year, the annualized rate is $1.035b in fees and $784.33m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $55.23. Its circulating market capitalization is $12.284b, ranking it #11. Its fully diluted valuation is $52.754b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is down 12.3% over the past 7 days and down 11% over the past 30 days. Its all-time high is $76.7, reached on Jun 16, 2026. The token is currently 28% 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 $2.652b in DEX volume over the past 30 days.

