Key Metrics
Fees 30d$70.76m
Fees 30d by chain
Hyperliquid L1$70.76m
Fees 7d$17.02m
Hyperliquid L1$17.02m
Fees 24h$3.47m
Hyperliquid L1$3.47m
Cumulative Fees$1.533b
Hyperliquid L1$1.533b
Revenue 30d$54.32m
Revenue 30d by chain
Hyperliquid L1$54.32m
Revenue 7d$13.25m
Hyperliquid L1$13.25m
Revenue 24h$2.7m
Hyperliquid L1$2.7m
Cumulative Revenue$1.239b
Hyperliquid L1$1.239b
Holders Revenue 30d$54.32m
Holders Revenue 30d by chain
Hyperliquid L1$54.32m
Holders Revenue 7d$13.25m
Hyperliquid L1$13.25m
Holders Revenue 24h$2.7m
Hyperliquid L1$2.7m
Cumulative Holders Revenue$1.239b
Hyperliquid L1$1.239b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$712.78m
$54.32m
$13.25m
$2.7m
$1.239b
DEX Volume 30d$4.206b
DEX Volume 30d by chain
Hyperliquid L1$4.206b
DEX Volume 7d$1.195b
Hyperliquid L1$1.195b
DEX Volume 24h$195.46m
Hyperliquid L1$195.46m
Cumulative DEX Volume$164.849b
Hyperliquid L1$164.849b
Perp Volume 30d$212.088b
Perp Volume 30d by chain
Hyperliquid L1$212.088b
Perp Volume 7d$48.804b
Hyperliquid L1$48.804b
Perp Volume 24h$9.957b
Hyperliquid L1$9.957b
Cumulative Perp Volume$5.23t
Hyperliquid L1$5.23t
Liquidation Volume 30d$2.308b
Liquidation Volume 30d by chain
Hyperliquid L1$2.308b
Liquidation Volume 7d$311.89m
Hyperliquid L1$311.89m
Liquidation Volume 24h$95.57m
Hyperliquid L1$95.57m
Cumulative Liquidation Volume$32.798b
Hyperliquid L1$32.798b
$13.518b
Market Cap$18.708b
$HYPE Price$84.1
$80.342b
$32.636b
$HYPE Volume 24h$1.401b
CEX Volume$385.58m
DEX Volume$1.024b(73.06% 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 $6.783b in total value locked. TVL has increased 12.3% 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 94.1%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $70.76m in fees. Of that, $54.32m was protocol revenue. Based on the trailing year, the annualized rate is $949.69m in fees and $712.78m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $84.3. Its circulating market capitalization is $18.728b, ranking it #11. Its fully diluted valuation is $80.428b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is up 5.9% over the past 7 days and up 47.3% over the past 30 days. Its all-time high is $88.06, reached on Sep 3, 2026. The token is currently 4.3% 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 $4.206b in DEX volume over the past 30 days.
