Key Metrics
Fees (Annualized)$980.18m
Fees 30d$43.21m
Hyperliquid L1$43.21m
Fees 7d$8.27m
Hyperliquid L1$8.27m
Fees 24h$374,560
Hyperliquid L1$374,560
Cumulative Fees$1.476b
Hyperliquid L1$1.476b
Revenue (Annualized)$736.42m
Revenue 30d$30.04m
Hyperliquid L1$30.04m
Revenue 7d$5.84m
Hyperliquid L1$5.84m
Revenue 24h$277,967
Hyperliquid L1$277,967
Cumulative Revenue$1.194b
Hyperliquid L1$1.194b
Holders Revenue (Annualized)$736.42m
Holders Revenue 30d$30.04m
Hyperliquid L1$30.04m
Holders Revenue 7d$5.84m
Hyperliquid L1$5.84m
Holders Revenue 24h$277,967
Hyperliquid L1$277,967
Cumulative Holders Revenue$1.194b
Hyperliquid L1$1.194b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$736.42m
$30.04m
$5.84m
$277,967
$1.194b
DEX Volume 30d$1.921b
DEX Volume 30d by chain
Hyperliquid L1$1.921b
DEX Volume 7d$363.9m
Hyperliquid L1$363.9m
DEX Volume 24h$27.1m
Hyperliquid L1$27.1m
Cumulative DEX Volume$161.237b
Hyperliquid L1$161.237b
Perp Volume 30d$177.802b
Perp Volume 30d by chain
Hyperliquid L1$177.802b
Perp Volume 7d$30.815b
Hyperliquid L1$30.815b
Perp Volume 24h$942.96m
Hyperliquid L1$942.96m
Cumulative Perp Volume$5.063t
Hyperliquid L1$5.063t
Liquidation Volume 30d$1.017b
Liquidation Volume 30d by chain
Hyperliquid L1$1.017b
Liquidation Volume 7d$117.91m
Hyperliquid L1$117.91m
Liquidation Volume 24h$464,927
Hyperliquid L1$464,927
Cumulative Liquidation Volume$30.685b
Hyperliquid L1$30.685b
$11.714b
Market Cap$12.713b
$HYPE Price$57.16
$57.143b
$22.181b
$HYPE Volume 24h$114.01m
CEX Volume$48.04m
DEX Volume$63.44m(55.64% of total)
$HYPE Liquidity$363,675
Raydium AMM$363,675
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
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
Competitors
Frequently Asked Questions
What is Hyperliquid?
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.
What is Hyperliquid's TVL?
Hyperliquid currently has $6.026b in total value locked. TVL has decreased 1.7% 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 92.6%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $43.21m in fees. Of that, $30.04m was protocol revenue. Based on the trailing year, the annualized rate is $980.18m in fees and $736.42m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $57.16. Its circulating market capitalization is $12.713b, ranking it #11. Its fully diluted valuation is $57.143b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is up 5.5% over the past 7 days and down 4.2% over the past 30 days. Its all-time high is $76.87, reached on Jun 16, 2026. The token is currently 25.6% 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 $1.921b in DEX volume over the past 30 days.
