Ask about Hyperliquid
Logo of HyperliquidHyperliquid(HYPE)
Total Value Locked$6b

TVL by Chain

Hyperliquid L1$5.627b

Arbitrum$372.66m

Key Metrics

Fees (Annualized)$1.067b
Fees 30d$60.28m

Hyperliquid L1$60.28m

Fees 7d$12.05m

Hyperliquid L1$12.05m

Fees 24h$890,015

Hyperliquid L1$890,015

Cumulative Fees$1.424b

Hyperliquid L1$1.424b

Revenue (Annualized)$821m
Revenue 30d$43.07m

Hyperliquid L1$43.07m

Revenue 7d$8.47m

Hyperliquid L1$8.47m

Revenue 24h$622,690

Hyperliquid L1$622,690

Cumulative Revenue$1.158b

Hyperliquid L1$1.158b

Holders Revenue (Annualized)$821m
Holders Revenue 30d$43.07m

Hyperliquid L1$43.07m

Holders Revenue 7d$8.47m

Hyperliquid L1$8.47m

Holders Revenue 24h$622,690

Hyperliquid L1$622,690

Cumulative Holders Revenue$1.158b

Hyperliquid L1$1.158b

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$821m

Earnings 30d$43.07m

Earnings 7d$8.47m

Earnings 24h$622,690

Cumulative Earnings$1.158b

DEX Volume 30d$3.647b
DEX Volume 30d by chain

Hyperliquid L1$3.647b

DEX Volume 7d$624.39m

Hyperliquid L1$624.39m

DEX Volume 24h$52.79m

Hyperliquid L1$52.79m

Cumulative DEX Volume$158.884b

Hyperliquid L1$158.884b

Perp Volume 30d$189.272b
Perp Volume 30d by chain

Hyperliquid L1$189.272b

Perp Volume 7d$41.514b

Hyperliquid L1$41.514b

Perp Volume 24h$2.317b

Hyperliquid L1$2.317b

Cumulative Perp Volume$4.86t

Hyperliquid L1$4.86t

Liquidation Volume 30d$2.265b
Liquidation Volume 30d by chain

Hyperliquid L1$2.265b

Liquidation Volume 7d$231.16m

Hyperliquid L1$231.16m

Liquidation Volume 24h$6.37m

Hyperliquid L1$6.37m

Cumulative Liquidation Volume$29.426b

Hyperliquid L1$29.426b

Open Interest$10.883b

Market Cap$14.102b

$HYPE Price$63.43

All Time High$76.7

All Time Low$3.81

View $HYPE token page

Fully Diluted Valuation$60.563b

Outstanding FDV$24.587b

$HYPE Volume 24h$410.32m

CEX Volume$162.31m

DEX Volume$247.93m(60.42% 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