Key Metrics
Fees (Annualized)$1.015b
Fees 30d$48.3m
Hyperliquid L1$48.3m
Fees 7d$9.57m
Hyperliquid L1$9.57m
Fees 24h$1.63m
Hyperliquid L1$1.63m
Cumulative Fees$1.467b
Hyperliquid L1$1.467b
Revenue (Annualized)$764.98m
Revenue 30d$33.59m
Hyperliquid L1$33.59m
Revenue 7d$6.81m
Hyperliquid L1$6.81m
Revenue 24h$1.13m
Hyperliquid L1$1.13m
Cumulative Revenue$1.188b
Hyperliquid L1$1.188b
Holders Revenue (Annualized)$764.98m
Holders Revenue 30d$33.59m
Hyperliquid L1$33.59m
Holders Revenue 7d$6.81m
Hyperliquid L1$6.81m
Holders Revenue 24h$1.13m
Hyperliquid L1$1.13m
Cumulative Holders Revenue$1.188b
Hyperliquid L1$1.188b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$764.98m
$33.59m
$6.81m
$1.13m
$1.188b
DEX Volume 30d$2.248b
DEX Volume 30d by chain
Hyperliquid L1$2.248b
DEX Volume 7d$415.39m
Hyperliquid L1$415.39m
DEX Volume 24h$74.07m
Hyperliquid L1$74.07m
Cumulative DEX Volume$160.847b
Hyperliquid L1$160.847b
Perp Volume 30d$198.383b
Perp Volume 30d by chain
Hyperliquid L1$198.383b
Perp Volume 7d$41.178b
Hyperliquid L1$41.178b
Perp Volume 24h$6.859b
Hyperliquid L1$6.859b
Cumulative Perp Volume$5.031t
Hyperliquid L1$5.031t
Liquidation Volume 30d$1.204b
Liquidation Volume 30d by chain
Hyperliquid L1$1.204b
Liquidation Volume 7d$205.82m
Hyperliquid L1$205.82m
Liquidation Volume 24h$25.75m
Hyperliquid L1$25.75m
Cumulative Liquidation Volume$30.563b
Hyperliquid L1$30.563b
$10.767b
Market Cap$12.017b
$HYPE Price$54.02
$54.013b
$20.963b
$HYPE Volume 24h$324.02m
CEX Volume$120.58m
DEX Volume$205.49m(63.42% 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 3.6% 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%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $48.3m in fees. Of that, $33.59m was protocol revenue. Based on the trailing year, the annualized rate is $1.015b in fees and $764.98m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $54.33. Its circulating market capitalization is $12.089b, ranking it #11. Its fully diluted valuation is $54.337b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is up 3% over the past 7 days and down 19.5% over the past 30 days. Its all-time high is $76.87, reached on Jun 16, 2026. The token is currently 29.3% 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 $2.248b in DEX volume over the past 30 days.

