Key Metrics
Fees (Annualized)$1.009b
Fees 30d$46.17m
Hyperliquid L1$46.17m
Fees 7d$9.37m
Hyperliquid L1$9.37m
Fees 24h$842,720
Hyperliquid L1$842,720
Cumulative Fees$1.468b
Hyperliquid L1$1.468b
Revenue (Annualized)$759.93m
Revenue 30d$32.03m
Hyperliquid L1$32.03m
Revenue 7d$6.44m
Hyperliquid L1$6.44m
Revenue 24h$534,851
Hyperliquid L1$534,851
Cumulative Revenue$1.188b
Hyperliquid L1$1.188b
Holders Revenue (Annualized)$759.93m
Holders Revenue 30d$32.03m
Hyperliquid L1$32.03m
Holders Revenue 7d$6.44m
Hyperliquid L1$6.44m
Holders Revenue 24h$534,851
Hyperliquid L1$534,851
Cumulative Holders Revenue$1.188b
Hyperliquid L1$1.188b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$759.93m
$32.03m
$6.44m
$534,851
$1.188b
DEX Volume 30d$2.151b
DEX Volume 30d by chain
Hyperliquid L1$2.151b
DEX Volume 7d$377.34m
Hyperliquid L1$377.34m
DEX Volume 24h$38.73m
Hyperliquid L1$38.73m
Cumulative DEX Volume$160.912b
Hyperliquid L1$160.912b
Perp Volume 30d$187.28b
Perp Volume 30d by chain
Hyperliquid L1$187.28b
Perp Volume 7d$38.909b
Hyperliquid L1$38.909b
Perp Volume 24h$1.735b
Hyperliquid L1$1.735b
Cumulative Perp Volume$5.034t
Hyperliquid L1$5.034t
Liquidation Volume 30d$1.158b
Liquidation Volume 30d by chain
Hyperliquid L1$1.158b
Liquidation Volume 7d$164.38m
Hyperliquid L1$164.38m
Liquidation Volume 24h$3.99m
Hyperliquid L1$3.99m
Cumulative Liquidation Volume$30.571b
Hyperliquid L1$30.571b
$10.672b
Market Cap$12.33b
$HYPE Price$55.43
$55.421b
$21.51b
$HYPE Volume 24h$248.6m
CEX Volume$112.43m
DEX Volume$142.28m(57.23% 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 $6.054b in total value locked. TVL has increased 1.4% 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 92.9%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $46.17m in fees. Of that, $32.03m was protocol revenue. Based on the trailing year, the annualized rate is $1.009b in fees and $759.93m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $55.3. Its circulating market capitalization is $12.319b, ranking it #11. Its fully diluted valuation is $55.369b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is up 1% over the past 7 days and down 18% over the past 30 days. Its all-time high is $76.87, reached on Jun 16, 2026. The token is currently 28.1% 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 $2.151b in DEX volume over the past 30 days.

