Ask about Hyperliquid
Logo of HyperliquidHyperliquid(HYPE)
Total Value Locked$6.155b

TVL by Chain

Hyperliquid L1$5.746b

Arbitrum$409.08m

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

All Time High$76.7

All Time Low$3.81

View $HYPE token page

$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

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.