Ask about Hyperliquid
Logo of HyperliquidHyperliquid(HYPE)
Total Value Locked$5.994b

TVL by Chain

Hyperliquid L1$5.422b

Arbitrum$572.28m

Key Metrics

Fees (Annualized)$1.061b
Fees 30d$80.09m

Hyperliquid L1$80.09m

Fees 7d$15.74m

Hyperliquid L1$15.74m

Fees 24h$1.14m

Hyperliquid L1$1.14m

Cumulative Fees$1.371b

Hyperliquid L1$1.371b

Revenue (Annualized)$878.41m
Revenue 30d$63.54m

Hyperliquid L1$63.54m

Revenue 7d$11.94m

Hyperliquid L1$11.94m

Revenue 24h$881,698

Hyperliquid L1$881,698

Cumulative Revenue$1.171b

Hyperliquid L1$1.171b

Holders Revenue (Annualized)$878.41m
Holders Revenue 30d$63.54m

Hyperliquid L1$63.54m

Holders Revenue 7d$11.94m

Hyperliquid L1$11.94m

Holders Revenue 24h$881,698

Hyperliquid L1$881,698

Cumulative Holders Revenue$1.171b

Hyperliquid L1$1.171b

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$878.41m

Earnings 30d$63.54m

Earnings 7d$11.94m

Earnings 24h$881,698

Cumulative Earnings$1.171b

DEX Volume 30d$6.377b
DEX Volume 30d by chain

Hyperliquid L1$6.377b

DEX Volume 7d$1.215b

Hyperliquid L1$1.215b

DEX Volume 24h$81.63m

Hyperliquid L1$81.63m

Cumulative DEX Volume$156.535b

Hyperliquid L1$156.535b

Perp Volume 30d$241.197b
Perp Volume 30d by chain

Hyperliquid L1$241.197b

Perp Volume 7d$48.347b

Hyperliquid L1$48.347b

Perp Volume 24h$2.848b

Hyperliquid L1$2.848b

Cumulative Perp Volume$4.722t

Hyperliquid L1$4.722t

Open Interest$9.205b

Market Cap$15.371b

$HYPE Price$69.05

All Time High$76.7

All Time Low$3.81

Fully Diluted Valuation$66.012b

Outstanding FDV$26.734b

$HYPE Volume 24h$451.19m

CEX Volume$171.91m

DEX Volume$279.92m(62.04% 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