Key Metrics
Fees (Annualized)$1.019b
Fees 30d$49.3m
Hyperliquid L1$49.3m
Fees 7d$10.02m
Hyperliquid L1$10.02m
Fees 24h$1.65m
Hyperliquid L1$1.65m
Cumulative Fees$1.464b
Hyperliquid L1$1.464b
Revenue (Annualized)$767.9m
Revenue 30d$34.3m
Hyperliquid L1$34.3m
Revenue 7d$7.18m
Hyperliquid L1$7.18m
Revenue 24h$1.15m
Hyperliquid L1$1.15m
Cumulative Revenue$1.185b
Hyperliquid L1$1.185b
Holders Revenue (Annualized)$767.9m
Holders Revenue 30d$34.3m
Hyperliquid L1$34.3m
Holders Revenue 7d$7.18m
Hyperliquid L1$7.18m
Holders Revenue 24h$1.15m
Hyperliquid L1$1.15m
Cumulative Holders Revenue$1.185b
Hyperliquid L1$1.185b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$767.9m
$34.3m
$7.18m
$1.15m
$1.185b
DEX Volume 30d$2.345b
DEX Volume 30d by chain
Hyperliquid L1$2.345b
DEX Volume 7d$463.52m
Hyperliquid L1$463.52m
DEX Volume 24h$78.9m
Hyperliquid L1$78.9m
Cumulative DEX Volume$160.721b
Hyperliquid L1$160.721b
Perp Volume 30d$199.876b
Perp Volume 30d by chain
Hyperliquid L1$199.876b
Perp Volume 7d$46.892b
Hyperliquid L1$46.892b
Perp Volume 24h$7.122b
Hyperliquid L1$7.122b
Cumulative Perp Volume$5.018t
Hyperliquid L1$5.018t
Liquidation Volume 30d$1.244b
Liquidation Volume 30d by chain
Hyperliquid L1$1.244b
Liquidation Volume 7d$250.14m
Hyperliquid L1$250.14m
Liquidation Volume 24h$31.23m
Hyperliquid L1$31.23m
Cumulative Liquidation Volume$30.521b
Hyperliquid L1$30.521b
$10.893b
Market Cap$12.404b
$HYPE Price$55.76
$55.751b
$21.614b
$HYPE Volume 24h$264.05m
CEX Volume$96.55m
DEX Volume$172.67m(65.39% 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
Liquidation Volume: USD value of positions liquidated by the protocol
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 $6.07b in total value locked. TVL has increased 3.7% 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 92.9%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $49.3m in fees. Of that, $34.3m was protocol revenue. Based on the trailing year, the annualized rate is $1.019b in fees and $767.9m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $56.25. Its circulating market capitalization is $12.513b, ranking it #11. Its fully diluted valuation is $56.244b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is up 3.3% over the past 7 days and down 21.9% over the past 30 days. Its all-time high is $76.87, reached on Jun 16, 2026. The token is currently 26.8% 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 $2.345b in DEX volume over the past 30 days.

