Ask about Hyperliquid
Logo of HyperliquidHyperliquid(HYPE)
Total Value Locked$5.866b

TVL by Chain

Hyperliquid L1$4.089b

Arbitrum$1.778b

Key Metrics

Fees (Annualized)$1.059b
Fees 30d$75.26m

Hyperliquid L1$75.26m

Fees 7d$28.67m

Hyperliquid L1$28.67m

Fees 24h$2.19m

Hyperliquid L1$2.19m

Cumulative Fees$1.339b

Hyperliquid L1$1.339b

Revenue (Annualized)$881.49m
Revenue 30d$60.13m

Hyperliquid L1$60.13m

Revenue 7d$23.35m

Hyperliquid L1$23.35m

Revenue 24h$1.82m

Hyperliquid L1$1.82m

Cumulative Revenue$1.146b

Hyperliquid L1$1.146b

Holders Revenue (Annualized)$881.49m
Holders Revenue 30d$60.13m

Hyperliquid L1$60.13m

Holders Revenue 7d$23.35m

Hyperliquid L1$23.35m

Holders Revenue 24h$1.82m

Hyperliquid L1$1.82m

Cumulative Holders Revenue$1.146b

Hyperliquid L1$1.146b

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$881.49m

Earnings 30d$60.13m

Earnings 7d$23.35m

Earnings 24h$1.82m

Cumulative Earnings$1.146b

DEX Volume 30d$6.174b
DEX Volume 30d by chain

Hyperliquid L1$6.174b

DEX Volume 7d$2.367b

Hyperliquid L1$2.367b

DEX Volume 24h$161.31m

Hyperliquid L1$161.31m

Cumulative DEX Volume$154.257b

Hyperliquid L1$154.257b

Perp Volume 30d$220.292b
Perp Volume 30d by chain

Hyperliquid L1$220.292b

Perp Volume 7d$80.745b

Hyperliquid L1$80.745b

Perp Volume 24h$6.109b

Hyperliquid L1$6.109b

Cumulative Perp Volume$4.616t

Hyperliquid L1$4.616t

Open Interest$8.475b

Market Cap$12.985b

$HYPE Price$58.7

All Time High$75.48

All Time Low$3.81

Fully Diluted Valuation$55.763b

Outstanding FDV$22.715b

$HYPE Volume 24h$575.98m

CEX Volume$205.92m

DEX Volume$415.65m(72.16% 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: Fees going to governance token holdersView 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