Ask about Hyperliquid
Logo of HyperliquidHyperliquid(HYPE)
Total Value Locked$6.049b

TVL by Chain

Hyperliquid L1$5.626b

Arbitrum$422.99m

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

All Time High$76.7

All Time Low$3.81

View $HYPE token page

$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

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.