Ask about Hyperliquid
Logo of HyperliquidHyperliquid(HYPE)
Total Value Locked$5.713b

TVL by Chain

Hyperliquid L1$5.397b

Arbitrum$315.47m

Key Metrics

Fees (Annualized)$1.071b
Fees 30d$80.98m

Hyperliquid L1$80.98m

Fees 7d$15.25m

Hyperliquid L1$15.25m

Fees 24h$2.12m

Hyperliquid L1$2.12m

Cumulative Fees$1.402b

Hyperliquid L1$1.402b

Revenue (Annualized)$829.9m
Revenue 30d$59.96m

Hyperliquid L1$59.96m

Revenue 7d$11m

Hyperliquid L1$11m

Revenue 24h$1.5m

Hyperliquid L1$1.5m

Cumulative Revenue$1.142b

Hyperliquid L1$1.142b

Holders Revenue (Annualized)$829.9m
Holders Revenue 30d$59.96m

Hyperliquid L1$59.96m

Holders Revenue 7d$11m

Hyperliquid L1$11m

Holders Revenue 24h$1.5m

Hyperliquid L1$1.5m

Cumulative Holders Revenue$1.142b

Hyperliquid L1$1.142b

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$829.9m

Earnings 30d$59.96m

Earnings 7d$11m

Earnings 24h$1.5m

Cumulative Earnings$1.142b

DEX Volume 30d$5.669b
DEX Volume 30d by chain

Hyperliquid L1$5.669b

DEX Volume 7d$891.29m

Hyperliquid L1$891.29m

DEX Volume 24h$112.9m

Hyperliquid L1$112.9m

Cumulative DEX Volume$157.765b

Hyperliquid L1$157.765b

Perp Volume 30d$250.532b
Perp Volume 30d by chain

Hyperliquid L1$250.532b

Perp Volume 7d$45.222b

Hyperliquid L1$45.222b

Perp Volume 24h$6.545b

Hyperliquid L1$6.545b

Cumulative Perp Volume$4.79t

Hyperliquid L1$4.79t

Open Interest$9.362b

Market Cap$14.527b

$HYPE Price$65.3

All Time High$76.7

All Time Low$3.81

Fully Diluted Valuation$62.386b

Outstanding FDV$25.282b

$HYPE Volume 24h$573.25m

CEX Volume$214.39m

DEX Volume$356.13m(62.13% 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:

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