Key Metrics
Fees (Annualized)$1.035b
Fees 30d$51.3m
Hyperliquid L1$51.3m
Fees 7d$10.65m
Hyperliquid L1$10.65m
Fees 24h$927,699
Hyperliquid L1$927,699
Cumulative Fees$1.447b
Hyperliquid L1$1.447b
Revenue (Annualized)$784.92m
Revenue 30d$36.08m
Hyperliquid L1$36.08m
Revenue 7d$7.37m
Hyperliquid L1$7.37m
Revenue 24h$667,938
Hyperliquid L1$667,938
Cumulative Revenue$1.174b
Hyperliquid L1$1.174b
Holders Revenue (Annualized)$784.92m
Holders Revenue 30d$36.08m
Hyperliquid L1$36.08m
Holders Revenue 7d$7.37m
Hyperliquid L1$7.37m
Holders Revenue 24h$667,938
Hyperliquid L1$667,938
Cumulative Holders Revenue$1.174b
Hyperliquid L1$1.174b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$784.92m
$36.08m
$7.37m
$667,938
$1.174b
DEX Volume 30d$2.63b
DEX Volume 30d by chain
Hyperliquid L1$2.63b
DEX Volume 7d$447.54m
Hyperliquid L1$447.54m
DEX Volume 24h$38.27m
Hyperliquid L1$38.27m
Cumulative DEX Volume$159.981b
Hyperliquid L1$159.981b
Perp Volume 30d$177.79b
Perp Volume 30d by chain
Hyperliquid L1$177.79b
Perp Volume 7d$40.451b
Hyperliquid L1$40.451b
Perp Volume 24h$2.739b
Hyperliquid L1$2.739b
Cumulative Perp Volume$4.939t
Hyperliquid L1$4.939t
Liquidation Volume 30d$1.158b
Liquidation Volume 30d by chain
Hyperliquid L1$1.158b
Liquidation Volume 7d$210.57m
Hyperliquid L1$210.57m
Liquidation Volume 24h$32.39m
Hyperliquid L1$32.39m
Cumulative Liquidation Volume$29.952b
Hyperliquid L1$29.952b
$11.143b
Market Cap$13.369b
$HYPE Price$60.1
$57.413b
$23.296b
$HYPE Volume 24h$266.81m
CEX Volume$107.5m
DEX Volume$177.37m(66.48% 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
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 $6.155b in total value locked. TVL has increased 6.9% 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 93.4%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $51.3m in fees. Of that, $36.08m was protocol revenue. Based on the trailing year, the annualized rate is $1.035b in fees and $784.92m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $60.17. Its circulating market capitalization is $13.39b, ranking it #11. Its fully diluted valuation is $57.504b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is down 0.9% over the past 7 days and down 4.8% over the past 30 days. Its all-time high is $76.7, reached on Jun 16, 2026. The token is currently 21.6% 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 $2.63b in DEX volume over the past 30 days.

