Hyperliquid (HYPE)
Total Value Locked$476.24m
TVL by Chain
Hyperliquid L1$476.24m
Key Metrics
Fees (Annualized)$890.39m
Fees 30d$72.98m
Fees 7d$26.18m
Fees 24h$5.6m
Cumulative Fees$498.8m
Revenue (Annualized)$828.06m
Revenue 30d$67.87m
Revenue 7d$24.35m
Revenue 24h$5.22m
Cumulative Revenue$485.66m
Holders Revenue (Annualized)$828.06m
Holders Revenue 30d$67.87m
Holders Revenue 7d$24.35m
Holders Revenue 24h$5.21m
Cumulative Holders Revenue$174.86m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$828.06m
Earnings 30d$67.87m
Earnings 7d$24.35m
Earnings 24h$5.22m
Cumulative Earnings$485.66m
DEX Volume 30d$9.749b
DEX Volume 7d$3.271b
DEX Volume 24h$613.49m
Cumulative DEX Volume$55.935b
Perp Volume 30d$243.124b
Perp Volume 7d$86.748b
Perp Volume 24h$19.016b
Cumulative Perp Volume$2.001t
Market Cap$15.188b
$HYPE Price$45.5
All Time High$49.75
All Time Low$3.81
Fully Diluted Valuation$45.483b
$HYPE Volume 24h$575.7m
CEX Volume$163.84m
DEX Volume$412.72m(71.69% of total)
Hyperliquid (HYPE)
Total Value Locked$476.24m
TVL by Chain
Hyperliquid L1$476.24m
Key Metrics
Fees (Annualized)$890.39m
Fees 30d$72.98m
Fees 7d$26.18m
Fees 24h$5.6m
Cumulative Fees$498.8m
Revenue (Annualized)$828.06m
Revenue 30d$67.87m
Revenue 7d$24.35m
Revenue 24h$5.22m
Cumulative Revenue$485.66m
Holders Revenue (Annualized)$828.06m
Holders Revenue 30d$67.87m
Holders Revenue 7d$24.35m
Holders Revenue 24h$5.21m
Cumulative Holders Revenue$174.86m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$828.06m
Earnings 30d$67.87m
Earnings 7d$24.35m
Earnings 24h$5.22m
Cumulative Earnings$485.66m
DEX Volume 30d$9.749b
DEX Volume 7d$3.271b
DEX Volume 24h$613.49m
Cumulative DEX Volume$55.935b
Perp Volume 30d$243.124b
Perp Volume 7d$86.748b
Perp Volume 24h$19.016b
Cumulative Perp Volume$2.001t
Market Cap$15.188b
$HYPE Price$45.5
All Time High$49.75
All Time Low$3.81
Fully Diluted Valuation$45.483b
$HYPE Volume 24h$575.7m
CEX Volume$163.84m
DEX Volume$412.72m(71.69% of total)
Protocol Information
Hyperliquid is a decentralized perpetual exchange with best-in-class speed, liquidity, and price
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
DEX Volume: Volume of all spot token swaps that go through the protocol
Perp Volume: Notional volume of all trades in the protocol, includes leverage
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
Development Activity
Updated at May 26, 2025
Weekly commits2
Monthly commits29
Weekly developers2
Monthly developers11
Last commit26/05/25 (2 months ago)
Income Statement for Hyperliquid
| Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | |
|---|---|---|---|---|
| Fees | $51.3m | $176.16m | $136.48m | $10.34m |
| Revenue | $47.71m | $166.59m | $136.48m | $10.34m |
| Earnings | $47.71m | $166.59m | $136.48m | $10.34m |
| Token Holder Net Income | $47.71m | $127.15m | $0 | $0 |