Key Metrics
Fees (Annualized)$970.01m
Fees 30d$54.32m
Hyperliquid L1$54.32m
Fees 7d$22.06m
Hyperliquid L1$22.06m
Fees 24h$2.94m
Hyperliquid L1$2.94m
Cumulative Fees$1.498b
Hyperliquid L1$1.498b
Revenue (Annualized)$728.52m
Revenue 30d$39.74m
Hyperliquid L1$39.74m
Revenue 7d$17.35m
Hyperliquid L1$17.35m
Revenue 24h$2.37m
Hyperliquid L1$2.37m
Cumulative Revenue$1.211b
Hyperliquid L1$1.211b
Holders Revenue (Annualized)$728.52m
Holders Revenue 30d$39.74m
Hyperliquid L1$39.74m
Holders Revenue 7d$17.35m
Hyperliquid L1$17.35m
Holders Revenue 24h$2.37m
Hyperliquid L1$2.37m
Cumulative Holders Revenue$1.211b
Hyperliquid L1$1.211b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$728.52m
$39.74m
$17.35m
$2.37m
$1.211b
DEX Volume 30d$2.648b
DEX Volume 30d by chain
Hyperliquid L1$2.648b
DEX Volume 7d$1.252b
Hyperliquid L1$1.252b
DEX Volume 24h$196.79m
Hyperliquid L1$196.79m
Cumulative DEX Volume$162.489b
Hyperliquid L1$162.489b
Perp Volume 30d$199.497b
Perp Volume 30d by chain
Hyperliquid L1$199.497b
Perp Volume 7d$64.069b
Hyperliquid L1$64.069b
Perp Volume 24h$6.84b
Hyperliquid L1$6.84b
Cumulative Perp Volume$5.127t
Hyperliquid L1$5.127t
Liquidation Volume 30d$2.355b
Liquidation Volume 30d by chain
Hyperliquid L1$2.355b
Liquidation Volume 7d$1.523b
Hyperliquid L1$1.523b
Liquidation Volume 24h$55.06m
Hyperliquid L1$55.06m
Cumulative Liquidation Volume$32.208b
Hyperliquid L1$32.208b
$13.221b
Market Cap$17.624b
$HYPE Price$79.22
$79.213b
$30.742b
$HYPE Volume 24h$803.2m
CEX Volume$291.31m
DEX Volume$503.52m(62.69% 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.
- 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?
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 $6.648b in total value locked. TVL has increased 9.1% 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 92.8%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $54.32m in fees. Of that, $39.74m was protocol revenue. Based on the trailing year, the annualized rate is $970.01m in fees and $728.52m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $79.99. Its circulating market capitalization is $17.791b, ranking it #10. Its fully diluted valuation is $79.965b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is up 38.3% over the past 7 days and up 35.1% over the past 30 days. Its all-time high is $82.43, reached on Aug 22, 2026. The token is currently 3% 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 $2.648b in DEX volume over the past 30 days.
