Ask about Hyperliquid
Key Metrics
Fees 30d$76.83m
Fees 30d by chain
Hyperliquid L1$76.83m
Fees 7d$13.5m
Hyperliquid L1$13.5m
Fees 24h$1.44m
Hyperliquid L1$1.44m
Cumulative Fees$1.549b
Hyperliquid L1$1.549b
Revenue 30d$59.83m
Revenue 30d by chain
Hyperliquid L1$59.83m
Revenue 7d$10.42m
Hyperliquid L1$10.42m
Revenue 24h$1.13m
Hyperliquid L1$1.13m
Cumulative Revenue$1.251b
Hyperliquid L1$1.251b
Holders Revenue 30d$59.83m
Holders Revenue 30d by chain
Hyperliquid L1$59.83m
Holders Revenue 7d$10.42m
Hyperliquid L1$10.42m
Holders Revenue 24h$1.13m
Hyperliquid L1$1.13m
Cumulative Holders Revenue$1.251b
Hyperliquid L1$1.251b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$704.59m
$59.83m
$10.42m
$1.13m
$1.251b
DEX Volume 30d$4.899b
DEX Volume 30d by chain
Hyperliquid L1$4.899b
DEX Volume 7d$953.25m
Hyperliquid L1$953.25m
DEX Volume 24h$135.04m
Hyperliquid L1$135.04m
Cumulative DEX Volume$165.993b
Hyperliquid L1$165.993b
Perp Volume 30d$221.133b
Perp Volume 30d by chain
Hyperliquid L1$221.133b
Perp Volume 7d$40.183b
Hyperliquid L1$40.183b
Perp Volume 24h$4.513b
Hyperliquid L1$4.513b
Cumulative Perp Volume$5.279t
Hyperliquid L1$5.279t
Liquidation Volume 30d$2.448b
Liquidation Volume 30d by chain
Hyperliquid L1$2.448b
Liquidation Volume 7d$236.95m
Hyperliquid L1$236.95m
Liquidation Volume 24h$18.6m
Hyperliquid L1$18.6m
Cumulative Liquidation Volume$33.095b
Hyperliquid L1$33.095b
$13.975b
Market Cap$17.897b
$HYPE Price$80.45
$76.861b
$31.228b
$HYPE Volume 24h$898.68m
CEX Volume$200.17m
DEX Volume$608.83m(67.75% 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.
- Hyperliquid BridgeBridge
- Hyperliquid HLPDerivatives
- Hyperliquid PerpsDerivatives
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
Frequently Asked Questions
What is Hyperliquid's TVL?
Hyperliquid currently has $6.76b in total value locked. TVL has increased 12.3% 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 93.8%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $76.83m in fees. Of that, $59.83m was protocol revenue. Based on the trailing year, the annualized rate is $938.28m in fees and $704.59m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $80.36. Its circulating market capitalization is $17.878b, ranking it #12. Its fully diluted valuation is $76.779b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is down 5.7% over the past 7 days and up 39.3% over the past 30 days. Its all-time high is $89.6, reached on Sep 6, 2026. The token is currently 10.3% 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 $4.899b in DEX volume over the past 30 days.