Ask about Hyperliquid
Logo of HyperliquidHyperliquid(HYPE)
Total Value Locked$6.011b

TVL by Chain

Hyperliquid L1$5.638b

Arbitrum$372.91m

Key Metrics

Fees (Annualized)$1.067b
Fees 30d$61.61m

Hyperliquid L1$61.61m

Fees 7d$11.78m

Hyperliquid L1$11.78m

Fees 24h$2.37m

Hyperliquid L1$2.37m

Cumulative Fees$1.426b

Hyperliquid L1$1.426b

Revenue (Annualized)$820.74m
Revenue 30d$43.97m

Hyperliquid L1$43.97m

Revenue 7d$8.22m

Hyperliquid L1$8.22m

Revenue 24h$1.67m

Hyperliquid L1$1.67m

Cumulative Revenue$1.159b

Hyperliquid L1$1.159b

Holders Revenue (Annualized)$820.74m
Holders Revenue 30d$43.97m

Hyperliquid L1$43.97m

Holders Revenue 7d$8.22m

Hyperliquid L1$8.22m

Holders Revenue 24h$1.67m

Hyperliquid L1$1.67m

Cumulative Holders Revenue$1.159b

Hyperliquid L1$1.159b

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$820.74m

Earnings 30d$43.97m

Earnings 7d$8.22m

Earnings 24h$1.67m

Cumulative Earnings$1.159b

DEX Volume 30d$3.683b
DEX Volume 30d by chain

Hyperliquid L1$3.683b

DEX Volume 7d$625.86m

Hyperliquid L1$625.86m

DEX Volume 24h$118.18m

Hyperliquid L1$118.18m

Cumulative DEX Volume$159.002b

Hyperliquid L1$159.002b

Perp Volume 30d$195.432b
Perp Volume 30d by chain

Hyperliquid L1$195.432b

Perp Volume 7d$42.536b

Hyperliquid L1$42.536b

Perp Volume 24h$8.947b

Hyperliquid L1$8.947b

Cumulative Perp Volume$4.869t

Hyperliquid L1$4.869t

Liquidation Volume 30d$2.338b
Liquidation Volume 30d by chain

Hyperliquid L1$2.338b

Liquidation Volume 7d$240.09m

Hyperliquid L1$240.09m

Liquidation Volume 24h$91.04m

Hyperliquid L1$91.04m

Cumulative Liquidation Volume$29.517b

Hyperliquid L1$29.517b

Open Interest$11.069b

Market Cap$14.187b

$HYPE Price$63.99

All Time High$76.7

All Time Low$3.81

View $HYPE token page

Fully Diluted Valuation$60.928b

Outstanding FDV$24.804b

$HYPE Volume 24h$384.43m

CEX Volume$151.22m

DEX Volume$229.06m(59.58% 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.

Category:Bridge

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