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HyperSwap(SWAP)

Total Value Locked$17.29m

TVL by Chain

Hyperliquid L1$17.29m

Key Metrics

Fees 30d$226,978
Fees 30d by chain

Hyperliquid L1$226,978

Fees 7d$71,301

Hyperliquid L1$71,301

Fees 24h$8,686

Hyperliquid L1$8,686

Cumulative Fees$16.89m

Hyperliquid L1$16.89m

Revenue 30d$47,136
Revenue 30d by chain

Hyperliquid L1$47,136

Revenue 7d$20,282

Hyperliquid L1$20,282

Revenue 24h$2,325

Hyperliquid L1$2,325

Cumulative Revenue$2.92m

Hyperliquid L1$2.92m

Holders Revenue 30d$36,280
Holders Revenue 30d by chain

Hyperliquid L1$36,280

Holders Revenue 7d$15,940

Hyperliquid L1$15,940

Holders Revenue 24h$1,817

Hyperliquid L1$1,817

Cumulative Holders Revenue$2.21m

Hyperliquid L1$2.21m

Incentives 1y$84,537

Incentives 30d$11,892

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$84,537

Earnings (Annualized)$592,881

Earnings 30d$35,244

Earnings 7d$20,282

Earnings 24h$2,325

Cumulative Earnings$2.84m

DEX Volume 30d$112m
DEX Volume 30d by chain

Hyperliquid L1$112m

DEX Volume 7d$31.73m

Hyperliquid L1$31.73m

DEX Volume 24h$3.48m

Hyperliquid L1$3.48m

Cumulative DEX Volume$13.155b

Hyperliquid L1$13.155b

Cumulative Perp Volume$28.49m
Cumulative Perp Volume by chain

Hyperliquid L1$28.49m

Market Cap$2.23m

$SWAP Price$0.032

All Time High$0.16

All Time Low$0.012

View $SWAP token page

Fully Diluted Valuation$2.92m

Outstanding FDV$2.2m

$SWAP Volume 24h$6,662

CEX Volume$0

DEX Volume$28,578(428.99% of total)

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Protocol Information

Explore token swaps, liquidity management and easy token launches

WebsiteX/Twitter
Categories:DexsInterface
Products:

Yields

Pools Tracked207

Average Supply APY3.47%

User Activity

Active Addresses (24h)1,350

Transactions (24h)11,458

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

HyperSwap V2 - Total swap fees paid by users.View code on GitHubHyperSwap V3 - Total swap fees paid by traders across all HyperSwap V3 pools.View code on GitHubHyperSwap Terminal - Total trading fees collected from users.View code on GitHub

Revenue:

HyperSwap V2 - 8% protocol revenue share and 32% holders revenue share.View code on GitHubHyperSwap V3 - Each pool sets how much of its swap fee the protocol keeps, and HyperSwap switches that on one pool at a time, so the share is read from each pool individually for the day being measured. Pools trade with it switched off until HyperSwap enables it, and those give their entire swap fee to liquidity providers. Every pool that has it enabled currently keeps one sixth. Of whatever the protocol keeps, 25% goes to the treasury and 75% buys back and burns SWAP.View code on GitHubHyperSwap Terminal - Net protocol revenue after referral payouts.View code on GitHub

Holders Revenue:

HyperSwap V2 - 32% of fees used for buy-back and burn.View code on GitHubHyperSwap V3 - The three quarters of the protocol's share of swap fees that is used to buy back and burn SWAP.View 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

Frequently asked questions

What is HyperSwap's TVL?

HyperSwap currently has $17.29m in total value locked. TVL has decreased 3.2% over the past 30 days.

What chains does HyperSwap operate on?

HyperSwap operates on Hyperliquid L1. Hyperliquid L1 holds the largest share at 100%.

How much has HyperSwap generated in fees and revenue?

Over the past 30 days, HyperSwap generated $226,978 in fees. Of that, $47,136 was protocol revenue. Based on the trailing year, the annualized rate is $4.34m in fees and $677,418 in revenue.

What is the SWAP token price and valuation?

SWAP is currently trading at $0.033. Its circulating market capitalization is $2.36m, ranking it #2,647. Its fully diluted valuation is $3.09m. Supply currently stands at 70.76m circulating, 92.73m total supply.

How has SWAP performed recently?

SWAP is up 23% over the past 7 days and up 23.9% over the past 30 days. Its all-time high is $0.16, reached on Oct 21, 2025. The token is currently 79% below that level.

Which protocols are included in HyperSwap?

HyperSwap is a parent protocol whose tracked products include HyperSwap V3, HyperSwap V2, and HyperSwap Terminal.

How much trading volume does HyperSwap process?

HyperSwap processed $112m in DEX volume over the past 30 days.