Ask about Hyperliquid
Logo of HyperliquidHyperliquid(HYPE)
Total Value Locked$6.048b

TVL by Chain

Hyperliquid L1$5.185b

Arbitrum$862.3m

Key Metrics

Fees (Annualized)$1.063b
Fees 30d$79.08m

Hyperliquid L1$79.08m

Fees 7d$15.64m

Hyperliquid L1$15.64m

Fees 24h$2.63m

Hyperliquid L1$2.63m

Cumulative Fees$1.36b

Hyperliquid L1$1.36b

Revenue (Annualized)$882.31m
Revenue 30d$63.14m

Hyperliquid L1$63.14m

Revenue 7d$12.12m

Hyperliquid L1$12.12m

Revenue 24h$1.95m

Hyperliquid L1$1.95m

Cumulative Revenue$1.162b

Hyperliquid L1$1.162b

Holders Revenue (Annualized)$882.31m
Holders Revenue 30d$63.14m

Hyperliquid L1$63.14m

Holders Revenue 7d$12.12m

Hyperliquid L1$12.12m

Holders Revenue 24h$1.95m

Hyperliquid L1$1.95m

Cumulative Holders Revenue$1.162b

Hyperliquid L1$1.162b

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$882.31m

Earnings 30d$63.14m

Earnings 7d$12.12m

Earnings 24h$1.95m

Cumulative Earnings$1.162b

DEX Volume 30d$6.466b
DEX Volume 30d by chain

Hyperliquid L1$6.466b

DEX Volume 7d$1.003b

Hyperliquid L1$1.003b

DEX Volume 24h$204.36m

Hyperliquid L1$204.36m

Cumulative DEX Volume$155.614b

Hyperliquid L1$155.614b

Perp Volume 30d$239.324b
Perp Volume 30d by chain

Hyperliquid L1$239.324b

Perp Volume 7d$54.513b

Hyperliquid L1$54.513b

Perp Volume 24h$8.115b

Hyperliquid L1$8.115b

Cumulative Perp Volume$4.687t

Hyperliquid L1$4.687t

Open Interest$9.488b

Market Cap$16.667b

$HYPE Price$74.91

All Time High$75.96

All Time Low$3.81

Fully Diluted Valuation$71.576b

Outstanding FDV$29.003b

$HYPE Volume 24h$2.413b

CEX Volume$1.297b

DEX Volume$1.134b(46.99% 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: Fees going to governance token holdersView 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