Ask about Hyperliquid
Logo of HyperliquidHyperliquid(HYPE)
Total Value Locked$5.858b

TVL by Chain

Hyperliquid L1$5.494b

Arbitrum$364.03m

Key Metrics

Fees (Annualized)$1.071b
Fees 30d$71.44m

Hyperliquid L1$71.44m

Fees 7d$14.32m

Hyperliquid L1$14.32m

Fees 24h$1.29m

Hyperliquid L1$1.29m

Cumulative Fees$1.411b

Hyperliquid L1$1.411b

Revenue (Annualized)$828.28m
Revenue 30d$52.04m

Hyperliquid L1$52.04m

Revenue 7d$10.13m

Hyperliquid L1$10.13m

Revenue 24h$914,967

Hyperliquid L1$914,967

Cumulative Revenue$1.148b

Hyperliquid L1$1.148b

Holders Revenue (Annualized)$828.28m
Holders Revenue 30d$52.04m

Hyperliquid L1$52.04m

Holders Revenue 7d$10.13m

Hyperliquid L1$10.13m

Holders Revenue 24h$914,967

Hyperliquid L1$914,967

Cumulative Holders Revenue$1.148b

Hyperliquid L1$1.148b

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$828.28m

Earnings 30d$52.04m

Earnings 7d$10.13m

Earnings 24h$914,967

Cumulative Earnings$1.148b

DEX Volume 30d$4.575b
DEX Volume 30d by chain

Hyperliquid L1$4.575b

DEX Volume 7d$766.92m

Hyperliquid L1$766.92m

DEX Volume 24h$61.58m

Hyperliquid L1$61.58m

Cumulative DEX Volume$158.191b

Hyperliquid L1$158.191b

Perp Volume 30d$225.559b
Perp Volume 30d by chain

Hyperliquid L1$225.559b

Perp Volume 7d$43.351b

Hyperliquid L1$43.351b

Perp Volume 24h$2.919b

Hyperliquid L1$2.919b

Cumulative Perp Volume$4.816t

Hyperliquid L1$4.816t

Liquidation Volume 30d$3.57b
Liquidation Volume 30d by chain

Hyperliquid L1$3.57b

Liquidation Volume 7d$377.39m

Hyperliquid L1$377.39m

Liquidation Volume 24h$19.97m

Hyperliquid L1$19.97m

Cumulative Liquidation Volume$29.177b

Hyperliquid L1$29.177b

Open Interest$10.085b

Market Cap$15.886b

$HYPE Price$71.46

All Time High$76.7

All Time Low$3.81

Fully Diluted Valuation$68.222b

Outstanding FDV$27.667b

$HYPE Volume 24h$283.27m

CEX Volume$130.2m

DEX Volume$168.34m(59.43% 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.

CategoryBridge
WebsiteGitHubTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

Hyperliquid HLP - 1% of perp and spot trading revenue (excluding builders and unit revenue) share for HLP.View code on GitHubHyperliquid Perps - Include perps trading fees on crypto and HIP-3 deployed markets + builders fees, excluding all spot fees.View code on GitHubHyperliquid Spot Orderbook - Include spot trading fees and unit protocol fees, excluding perps fees.View code on GitHub

Revenue:

Hyperliquid HLP - No revenue.View code on GitHubHyperliquid Perps - 99% of fees go to Assistance Fund for buying HYPE tokens, excluding builders fees.View code on GitHubHyperliquid Spot Orderbook - 99% of fees go to Assistance Fund for buying HYPE tokens, excluding unit protocol fees.View code on GitHub

Holders Revenue:

Hyperliquid HLP - Fees going to governance token holdersView code on GitHubHyperliquid Perps - 99% of fees go to Assistance Fund for buying HYPE tokens, excluding builders fees.View code on GitHubHyperliquid Spot Orderbook - 99% of fees go to Assistance Fund for buying HYPE tokens, excluding unit protocol fees.View code on GitHub

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