Key Metrics
Fees (Annualized)$1.031b
Fees 30d$53.12m
Hyperliquid L1$53.12m
Fees 7d$11.79m
Hyperliquid L1$11.79m
Fees 24h$1.47m
Hyperliquid L1$1.47m
Cumulative Fees$1.455b
Hyperliquid L1$1.455b
Revenue (Annualized)$779.2m
Revenue 30d$36.97m
Hyperliquid L1$36.97m
Revenue 7d$7.91m
Hyperliquid L1$7.91m
Revenue 24h$1.01m
Hyperliquid L1$1.01m
Cumulative Revenue$1.179b
Hyperliquid L1$1.179b
Holders Revenue (Annualized)$779.2m
Holders Revenue 30d$36.97m
Hyperliquid L1$36.97m
Holders Revenue 7d$7.91m
Hyperliquid L1$7.91m
Holders Revenue 24h$1.01m
Hyperliquid L1$1.01m
Cumulative Holders Revenue$1.179b
Hyperliquid L1$1.179b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$779.2m
$36.97m
$7.91m
$1.01m
$1.179b
DEX Volume 30d$2.563b
DEX Volume 30d by chain
Hyperliquid L1$2.563b
DEX Volume 7d$487.09m
Hyperliquid L1$487.09m
DEX Volume 24h$70.36m
Hyperliquid L1$70.36m
Cumulative DEX Volume$160.328b
Hyperliquid L1$160.328b
Perp Volume 30d$198.391b
Perp Volume 30d by chain
Hyperliquid L1$198.391b
Perp Volume 7d$51.591b
Hyperliquid L1$51.591b
Perp Volume 24h$8.628b
Hyperliquid L1$8.628b
Cumulative Perp Volume$4.979t
Hyperliquid L1$4.979t
Liquidation Volume 30d$1.374b
Liquidation Volume 30d by chain
Hyperliquid L1$1.374b
Liquidation Volume 7d$441.08m
Hyperliquid L1$441.08m
Liquidation Volume 24h$23.01m
Hyperliquid L1$23.01m
Cumulative Liquidation Volume$30.294b
Hyperliquid L1$30.294b
$10.521b
Market Cap$11.907b
$HYPE Price$53.52
$51.134b
$20.746b
$HYPE Volume 24h$370.98m
CEX Volume$139.23m
DEX Volume$239.58m(64.58% 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
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 $6.049b in total value locked. TVL has increased 6% 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%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $53.12m in fees. Of that, $36.97m was protocol revenue. Based on the trailing year, the annualized rate is $1.031b in fees and $779.2m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $53.52. Its circulating market capitalization is $11.907b, ranking it #11. Its fully diluted valuation is $51.134b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is down 8.8% over the past 7 days and down 16.8% over the past 30 days. Its all-time high is $76.7, reached on Jun 16, 2026. The token is currently 30.2% 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 $2.563b in DEX volume over the past 30 days.

