Ask about Hyperliquid
Logo of HyperliquidHyperliquid(HYPE)
Total Value Locked$5.862b

TVL by Chain

Hyperliquid L1$5.503b

Arbitrum$359.02m

Key Metrics

Fees (Annualized)$1.072b
Fees 30d$65.9m

Hyperliquid L1$65.9m

Fees 7d$14.28m

Hyperliquid L1$14.28m

Fees 24h$1.06m

Hyperliquid L1$1.06m

Cumulative Fees$1.412b

Hyperliquid L1$1.412b

Revenue (Annualized)$828.35m
Revenue 30d$47.8m

Hyperliquid L1$47.8m

Revenue 7d$10.12m

Hyperliquid L1$10.12m

Revenue 24h$788,113

Hyperliquid L1$788,113

Cumulative Revenue$1.149b

Hyperliquid L1$1.149b

Holders Revenue (Annualized)$828.35m
Holders Revenue 30d$47.8m

Hyperliquid L1$47.8m

Holders Revenue 7d$10.12m

Hyperliquid L1$10.12m

Holders Revenue 24h$788,113

Hyperliquid L1$788,113

Cumulative Holders Revenue$1.149b

Hyperliquid L1$1.149b

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$828.35m

Earnings 30d$47.8m

Earnings 7d$10.12m

Earnings 24h$788,113

Cumulative Earnings$1.149b

DEX Volume 30d$4.164b
DEX Volume 30d by chain

Hyperliquid L1$4.164b

DEX Volume 7d$761.14m

Hyperliquid L1$761.14m

DEX Volume 24h$68.04m

Hyperliquid L1$68.04m

Cumulative DEX Volume$158.259b

Hyperliquid L1$158.259b

Perp Volume 30d$208.7b
Perp Volume 30d by chain

Hyperliquid L1$208.7b

Perp Volume 7d$43.074b

Hyperliquid L1$43.074b

Perp Volume 24h$2.606b

Hyperliquid L1$2.606b

Cumulative Perp Volume$4.819t

Hyperliquid L1$4.819t

Liquidation Volume 30d$2.89b
Liquidation Volume 30d by chain

Hyperliquid L1$2.89b

Liquidation Volume 7d$382.22m

Hyperliquid L1$382.22m

Liquidation Volume 24h$17.82m

Hyperliquid L1$17.82m

Cumulative Liquidation Volume$29.195b

Hyperliquid L1$29.195b

Open Interest$10.025b

Market Cap$15.487b

$HYPE Price$69.62

All Time High$76.7

All Time Low$3.81

Fully Diluted Valuation$66.511b

Outstanding FDV$26.955b

$HYPE Volume 24h$408.77m

CEX Volume$191m

DEX Volume$254.11m(62.16% 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:

Hyperliquid HLP - Fees going to governance token holdersView 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

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