Ask about Hyperliquid
Logo of HyperliquidHyperliquid(HYPE)
Total Value Locked$5.935b

TVL by Chain

Hyperliquid L1$5.102b

Arbitrum$833.37m

Key Metrics

Fees (Annualized)$1.061b
Fees 30d$78.52m

Hyperliquid L1$78.52m

Fees 7d$16.52m

Hyperliquid L1$16.52m

Fees 24h$1.04m

Hyperliquid L1$1.04m

Cumulative Fees$1.355b

Hyperliquid L1$1.355b

Revenue (Annualized)$881.43m
Revenue 30d$62.84m

Hyperliquid L1$62.84m

Revenue 7d$13m

Hyperliquid L1$13m

Revenue 24h$814,944

Hyperliquid L1$814,944

Cumulative Revenue$1.159b

Hyperliquid L1$1.159b

Holders Revenue (Annualized)$881.43m
Holders Revenue 30d$62.84m

Hyperliquid L1$62.84m

Holders Revenue 7d$13m

Hyperliquid L1$13m

Holders Revenue 24h$814,944

Hyperliquid L1$814,944

Cumulative Holders Revenue$1.159b

Hyperliquid L1$1.159b

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$881.43m

Earnings 30d$62.84m

Earnings 7d$13m

Earnings 24h$814,944

Cumulative Earnings$1.159b

DEX Volume 30d$6.491b
DEX Volume 30d by chain

Hyperliquid L1$6.491b

DEX Volume 7d$1.062b

Hyperliquid L1$1.062b

DEX Volume 24h$82.58m

Hyperliquid L1$82.58m

Cumulative DEX Volume$155.319b

Hyperliquid L1$155.319b

Perp Volume 30d$237.241b
Perp Volume 30d by chain

Hyperliquid L1$237.241b

Perp Volume 7d$57.619b

Hyperliquid L1$57.619b

Perp Volume 24h$2.787b

Hyperliquid L1$2.787b

Cumulative Perp Volume$4.674t

Hyperliquid L1$4.674t

Open Interest$8.892b

Market Cap$13.459b

$HYPE Price$60.45

All Time High$75.48

All Time Low$3.81

Fully Diluted Valuation$57.801b

Outstanding FDV$23.405b

$HYPE Volume 24h$507.41m

CEX Volume$181.18m

DEX Volume$310.32m(61.16% 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: Fees going to governance token holdersView 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