Key Metrics
Fees (Annualized)$978.08m
Fees 30d$42.55m
Hyperliquid L1$42.55m
Fees 7d$8.12m
Hyperliquid L1$8.12m
Fees 24h$1.61m
Hyperliquid L1$1.61m
Cumulative Fees$1.478b
Hyperliquid L1$1.478b
Revenue (Annualized)$734.78m
Revenue 30d$29.65m
Hyperliquid L1$29.65m
Revenue 7d$5.83m
Hyperliquid L1$5.83m
Revenue 24h$1.18m
Hyperliquid L1$1.18m
Cumulative Revenue$1.195b
Hyperliquid L1$1.195b
Holders Revenue (Annualized)$734.78m
Holders Revenue 30d$29.65m
Hyperliquid L1$29.65m
Holders Revenue 7d$5.83m
Hyperliquid L1$5.83m
Holders Revenue 24h$1.18m
Hyperliquid L1$1.18m
Cumulative Holders Revenue$1.195b
Hyperliquid L1$1.195b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$734.78m
$29.65m
$5.83m
$1.18m
$1.195b
DEX Volume 30d$1.839b
DEX Volume 30d by chain
Hyperliquid L1$1.839b
DEX Volume 7d$366.54m
Hyperliquid L1$366.54m
DEX Volume 24h$72.75m
Hyperliquid L1$72.75m
Cumulative DEX Volume$161.337b
Hyperliquid L1$161.337b
Perp Volume 30d$174.275b
Perp Volume 30d by chain
Hyperliquid L1$174.275b
Perp Volume 7d$30.781b
Hyperliquid L1$30.781b
Perp Volume 24h$6.118b
Hyperliquid L1$6.118b
Cumulative Perp Volume$5.071t
Hyperliquid L1$5.071t
Liquidation Volume 30d$998.04m
Liquidation Volume 30d by chain
Hyperliquid L1$998.04m
Liquidation Volume 7d$121.04m
Hyperliquid L1$121.04m
Liquidation Volume 24h$47.86m
Hyperliquid L1$47.86m
Cumulative Liquidation Volume$30.735b
Hyperliquid L1$30.735b
$11.835b
Market Cap$13.117b
$HYPE Price$58.98
$58.958b
$22.888b
$HYPE Volume 24h$260.03m
CEX Volume$100.89m
DEX Volume$160.87m(61.86% 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 $6.005b in total value locked. TVL has decreased 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 $42.55m in fees. Of that, $29.65m was protocol revenue. Based on the trailing year, the annualized rate is $978.08m in fees and $734.78m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $58.98. Its circulating market capitalization is $13.117b, ranking it #11. Its fully diluted valuation is $58.958b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is up 9.1% over the past 7 days and down 2.9% over the past 30 days. Its all-time high is $76.87, reached on Jun 16, 2026. The token is currently 23.3% 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 $1.839b in DEX volume over the past 30 days.
