Key Metrics
Fees (Annualized)$1.035b
Fees 30d$53.17m
Hyperliquid L1$53.17m
Fees 7d$10.58m
Hyperliquid L1$10.58m
Fees 24h$651,366
Hyperliquid L1$651,366
Cumulative Fees$1.446b
Hyperliquid L1$1.446b
Revenue (Annualized)$785.87m
Revenue 30d$37.42m
Hyperliquid L1$37.42m
Revenue 7d$7.31m
Hyperliquid L1$7.31m
Revenue 24h$444,686
Hyperliquid L1$444,686
Cumulative Revenue$1.173b
Hyperliquid L1$1.173b
Holders Revenue (Annualized)$785.87m
Holders Revenue 30d$37.42m
Hyperliquid L1$37.42m
Holders Revenue 7d$7.31m
Hyperliquid L1$7.31m
Holders Revenue 24h$444,686
Hyperliquid L1$444,686
Cumulative Holders Revenue$1.173b
Hyperliquid L1$1.173b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$785.87m
$37.42m
$7.31m
$444,686
$1.173b
DEX Volume 30d$2.749b
DEX Volume 30d by chain
Hyperliquid L1$2.749b
DEX Volume 7d$444.37m
Hyperliquid L1$444.37m
DEX Volume 24h$34.45m
Hyperliquid L1$34.45m
Cumulative DEX Volume$159.943b
Hyperliquid L1$159.943b
Perp Volume 30d$183.905b
Perp Volume 30d by chain
Hyperliquid L1$183.905b
Perp Volume 7d$40.274b
Hyperliquid L1$40.274b
Perp Volume 24h$1.77b
Hyperliquid L1$1.77b
Cumulative Perp Volume$4.937t
Hyperliquid L1$4.937t
Liquidation Volume 30d$1.214b
Liquidation Volume 30d by chain
Hyperliquid L1$1.214b
Liquidation Volume 7d$181.94m
Hyperliquid L1$181.94m
Liquidation Volume 24h$5.77m
Hyperliquid L1$5.77m
Cumulative Liquidation Volume$29.919b
Hyperliquid L1$29.919b
$11.122b
Market Cap$12.99b
$HYPE Price$58.4
$55.788b
$22.637b
$HYPE Volume 24h$177.74m
CEX Volume$74.06m
DEX Volume$106.16m(59.73% 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 $6.085b in total value locked. TVL has increased 4.7% 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 93.6%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $53.17m in fees. Of that, $37.42m was protocol revenue. Based on the trailing year, the annualized rate is $1.035b in fees and $785.87m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $58.4. Its circulating market capitalization is $12.99b, ranking it #11. Its fully diluted valuation is $55.788b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is down 3.9% over the past 7 days and down 6.3% over the past 30 days. Its all-time high is $76.7, reached on Jun 16, 2026. The token is currently 23.9% 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 $2.749b in DEX volume over the past 30 days.

