Key Metrics
Fees (Annualized)$1.044b
Fees 30d$57.5m
Hyperliquid L1$57.5m
Fees 7d$11.27m
Hyperliquid L1$11.27m
Fees 24h$1.55m
Hyperliquid L1$1.55m
Cumulative Fees$1.442b
Hyperliquid L1$1.442b
Revenue (Annualized)$794.96m
Revenue 30d$40.81m
Hyperliquid L1$40.81m
Revenue 7d$7.97m
Hyperliquid L1$7.97m
Revenue 24h$1.03m
Hyperliquid L1$1.03m
Cumulative Revenue$1.17b
Hyperliquid L1$1.17b
Holders Revenue (Annualized)$794.96m
Holders Revenue 30d$40.81m
Hyperliquid L1$40.81m
Holders Revenue 7d$7.97m
Hyperliquid L1$7.97m
Holders Revenue 24h$1.03m
Hyperliquid L1$1.03m
Cumulative Holders Revenue$1.17b
Hyperliquid L1$1.17b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$794.96m
$40.81m
$7.97m
$1.03m
$1.17b
DEX Volume 30d$3.041b
DEX Volume 30d by chain
Hyperliquid L1$3.041b
DEX Volume 7d$570.9m
Hyperliquid L1$570.9m
DEX Volume 24h$76.05m
Hyperliquid L1$76.05m
Cumulative DEX Volume$159.768b
Hyperliquid L1$159.768b
Perp Volume 30d$194.437b
Perp Volume 30d by chain
Hyperliquid L1$194.437b
Perp Volume 7d$42.963b
Hyperliquid L1$42.963b
Perp Volume 24h$6.194b
Hyperliquid L1$6.194b
Cumulative Perp Volume$4.92t
Hyperliquid L1$4.92t
Liquidation Volume 30d$1.675b
Liquidation Volume 30d by chain
Hyperliquid L1$1.675b
Liquidation Volume 7d$210.61m
Hyperliquid L1$210.61m
Liquidation Volume 24h$29.97m
Hyperliquid L1$29.97m
Cumulative Liquidation Volume$29.826b
Hyperliquid L1$29.826b
$11.435b
Market Cap$13.161b
$HYPE Price$59.16
$56.519b
$22.932b
$HYPE Volume 24h$423.67m
CEX Volume$170.24m
DEX Volume$245.23m(57.88% 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 $6.104b in total value locked. TVL has increased 2.4% 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 $57.5m in fees. Of that, $40.81m was protocol revenue. Based on the trailing year, the annualized rate is $1.044b in fees and $794.96m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $59.15. Its circulating market capitalization is $13.157b, ranking it #11. Its fully diluted valuation is $56.503b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is down 10.3% over the past 7 days and down 6% over the past 30 days. Its all-time high is $76.7, reached on June 16, 2026. The token is currently 22.9% 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 $3.041b in DEX volume over the past 30 days.

