Ask about Hyperliquid
Key Metrics
Fees 30d$79.51m
Fees 30d by chain
Hyperliquid L1$79.51m
Fees 7d$12.31m
Hyperliquid L1$12.31m
Fees 24h$22,328
Hyperliquid L1$22,328
Cumulative Fees$1.557b
Hyperliquid L1$1.557b
Revenue 30d$62.21m
Revenue 30d by chain
Hyperliquid L1$62.21m
Revenue 7d$9.46m
Hyperliquid L1$9.46m
Revenue 24h$0
Hyperliquid L1$0
Cumulative Revenue$1.258b
Hyperliquid L1$1.258b
Holders Revenue 30d$62.21m
Holders Revenue 30d by chain
Hyperliquid L1$62.21m
Holders Revenue 7d$9.46m
Hyperliquid L1$9.46m
Holders Revenue 24h$2.4m
Hyperliquid L1$2.4m
Cumulative Holders Revenue$1.258b
Hyperliquid L1$1.258b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$696.11m
$62.21m
$9.46m
$0
$1.258b
DEX Volume 30d$5.318b
DEX Volume 30d by chain
Hyperliquid L1$5.318b
DEX Volume 7d$976.58m
Hyperliquid L1$976.58m
DEX Volume 24h$192.32m
Hyperliquid L1$192.32m
Cumulative DEX Volume$166.655b
Hyperliquid L1$166.655b
Perp Volume 30d$239.179b
Perp Volume 30d by chain
Hyperliquid L1$239.179b
Perp Volume 7d$46.279b
Hyperliquid L1$46.279b
Perp Volume 24h$8.309b
Hyperliquid L1$8.309b
Cumulative Perp Volume$5.319t
Hyperliquid L1$5.319t
Liquidation Volume 30d$2.568b
Liquidation Volume 30d by chain
Hyperliquid L1$2.568b
Liquidation Volume 7d$310.49m
Hyperliquid L1$310.49m
Liquidation Volume 24h$66.98m
Hyperliquid L1$66.98m
Cumulative Liquidation Volume$33.303b
Hyperliquid L1$33.303b
$6.803b
Market Cap$17.405b
$HYPE Price$78.24
$74.746b
$30.371b
$HYPE Volume 24h$915.95m
CEX Volume$288.84m
DEX Volume$641.68m(70.06% 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 $6.666b in total value locked. TVL has increased 10.8% 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 93.2%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $79.51m in fees. Of that, $62.21m was protocol revenue. Based on the trailing year, the annualized rate is $922.96m in fees and $696.11m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $78.24. Its circulating market capitalization is $17.405b, ranking it #12. Its fully diluted valuation is $74.746b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is down 5.3% over the past 7 days and up 32.5% over the past 30 days. Its all-time high is $89.6, reached on Sep 6, 2026. The token is currently 12.7% 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 $5.318b in DEX volume over the past 30 days.