Ask about Hyperliquid
Key Metrics
Fees 30d$81.1m
Fees 30d by chain
Hyperliquid L1$81.1m
Fees 7d$14.61m
Hyperliquid L1$14.61m
Fees 24h$3.03m
Hyperliquid L1$3.03m
Cumulative Fees$1.557b
Hyperliquid L1$1.557b
Revenue 30d$63.39m
Revenue 30d by chain
Hyperliquid L1$63.39m
Revenue 7d$11.28m
Hyperliquid L1$11.28m
Revenue 24h$2.4m
Hyperliquid L1$2.4m
Cumulative Revenue$1.258b
Hyperliquid L1$1.258b
Holders Revenue 30d$63.39m
Holders Revenue 30d by chain
Hyperliquid L1$63.39m
Holders Revenue 7d$11.28m
Hyperliquid L1$11.28m
Holders Revenue 24h$2.4m
Hyperliquid L1$2.4m
Cumulative Holders Revenue$1.258b
Hyperliquid L1$1.258b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$698.77m
$63.39m
$11.28m
$2.4m
$1.258b
DEX Volume 30d$5.198b
DEX Volume 30d by chain
Hyperliquid L1$5.198b
DEX Volume 7d$927.6m
Hyperliquid L1$927.6m
DEX Volume 24h$126.25m
Hyperliquid L1$126.25m
Cumulative DEX Volume$166.463b
Hyperliquid L1$166.463b
Perp Volume 30d$236.988b
Perp Volume 30d by chain
Hyperliquid L1$236.988b
Perp Volume 7d$45.457b
Hyperliquid L1$45.457b
Perp Volume 24h$9.174b
Hyperliquid L1$9.174b
Cumulative Perp Volume$5.304t
Hyperliquid L1$5.304t
Liquidation Volume 30d$2.549b
Liquidation Volume 30d by chain
Hyperliquid L1$2.549b
Liquidation Volume 7d$273.35m
Hyperliquid L1$273.35m
Liquidation Volume 24h$65.54m
Hyperliquid L1$65.54m
Cumulative Liquidation Volume$33.236b
Hyperliquid L1$33.236b
$7.236b
Market Cap$17.169b
$HYPE Price$77.2
$73.734b
$29.967b
$HYPE Volume 24h$814.66m
CEX Volume$264.06m
DEX Volume$622.74m(76.44% 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.
- Hyperliquid BridgeBridge
- Hyperliquid HLPDerivatives
- Hyperliquid PerpsDerivatives
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
Frequently Asked Questions
What is Hyperliquid's TVL?
Hyperliquid currently has $6.68b in total value locked. TVL has increased 10.8% 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 93.4%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $81.1m in fees. Of that, $63.39m was protocol revenue. Based on the trailing year, the annualized rate is $926.8m in fees and $698.77m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $77.2. Its circulating market capitalization is $17.169b, ranking it #12. Its fully diluted valuation is $73.734b. 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 up 31.3% over the past 30 days. Its all-time high is $89.6, reached on Sep 6, 2026. The token is currently 13.8% 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 $5.198b in DEX volume over the past 30 days.