Key Metrics
Fees 30d$75.33m
Fees 30d by chain
Hyperliquid L1$75.33m
Fees 7d$15.64m
Hyperliquid L1$15.64m
Fees 24h$2.32m
Hyperliquid L1$2.32m
Cumulative Fees$1.545b
Hyperliquid L1$1.545b
Revenue 30d$58.58m
Revenue 30d by chain
Hyperliquid L1$58.58m
Revenue 7d$12.19m
Hyperliquid L1$12.19m
Revenue 24h$1.82m
Hyperliquid L1$1.82m
Cumulative Revenue$1.248b
Hyperliquid L1$1.248b
Holders Revenue 30d$58.58m
Holders Revenue 30d by chain
Hyperliquid L1$58.58m
Holders Revenue 7d$12.19m
Hyperliquid L1$12.19m
Holders Revenue 24h$1.82m
Hyperliquid L1$1.82m
Cumulative Holders Revenue$1.248b
Hyperliquid L1$1.248b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$707.96m
$58.58m
$12.19m
$1.82m
$1.248b
DEX Volume 30d$4.708b
DEX Volume 30d by chain
Hyperliquid L1$4.708b
DEX Volume 7d$1.025b
Hyperliquid L1$1.025b
DEX Volume 24h$143.34m
Hyperliquid L1$143.34m
Cumulative DEX Volume$165.679b
Hyperliquid L1$165.679b
Perp Volume 30d$218.623b
Perp Volume 30d by chain
Hyperliquid L1$218.623b
Perp Volume 7d$45.792b
Hyperliquid L1$45.792b
Perp Volume 24h$7.487b
Hyperliquid L1$7.487b
Cumulative Perp Volume$5.266t
Hyperliquid L1$5.266t
Liquidation Volume 30d$2.379b
Liquidation Volume 30d by chain
Hyperliquid L1$2.379b
Liquidation Volume 7d$289.9m
Hyperliquid L1$289.9m
Liquidation Volume 24h$29.84m
Hyperliquid L1$29.84m
Cumulative Liquidation Volume$32.993b
Hyperliquid L1$32.993b
$14.669b
Market Cap$17.998b
$HYPE Price$80.96
$77.292b
$31.426b
$HYPE Volume 24h$1.363b
CEX Volume$333.59m
DEX Volume$995.62m(73.03% 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 $6.803b 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 92.9%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $75.33m in fees. Of that, $58.58m was protocol revenue. Based on the trailing year, the annualized rate is $943.46m in fees and $707.96m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $81.1. Its circulating market capitalization is $18.035b, ranking it #12. Its fully diluted valuation is $77.454b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is down 1.9% over the past 7 days and up 45.7% over the past 30 days. Its all-time high is $89.6, reached on Sep 6, 2026. The token is currently 9.5% 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 $4.708b in DEX volume over the past 30 days.