Ask about HyperSwap

Logo of HyperSwapHyperSwap(SWAP)

Total Value Locked$19.74m

TVL by Chain

Hyperliquid L1$19.74m

Key Metrics

Fees 30d$758,529
Fees 30d by chain

Hyperliquid L1$758,529

Fees 7d$53,176

Hyperliquid L1$53,176

Fees 24h$7,872

Hyperliquid L1$7,872

Cumulative Fees$16.74m

Hyperliquid L1$16.74m

Revenue 30d$79,339.17
Revenue 30d by chain

Hyperliquid L1$79,339.17

Revenue 7d$9,511.17

Hyperliquid L1$9,511.17

Revenue 24h$1,394

Hyperliquid L1$1,394

Cumulative Revenue$2.89m

Hyperliquid L1$2.89m

Holders Revenue 30d$61,780.05
Holders Revenue 30d by chain

Hyperliquid L1$61,780.05

Holders Revenue 7d$7,208.93

Hyperliquid L1$7,208.93

Holders Revenue 24h$1,054

Hyperliquid L1$1,054

Cumulative Holders Revenue$2.19m

Hyperliquid L1$2.19m

Incentives 1y$82,418.72

$19,523.99

$9,372.35

$34.24

$82,418.72

Earnings (Annualized)$692,348.21

$59,815.18

$138.82

$1,359.76

$2.81m

DEX Volume 30d$216.41m
DEX Volume 30d by chain

Hyperliquid L1$216.41m

DEX Volume 7d$24.23m

Hyperliquid L1$24.23m

DEX Volume 24h$3.29m

Hyperliquid L1$3.29m

Cumulative DEX Volume$13.077b

Hyperliquid L1$13.077b

Cumulative Perp Volume$28.49m
Cumulative Perp Volume by chain

Hyperliquid L1$28.49m

Market Cap$1.97m

$SWAP Price$0.028

All Time High$0.16

All Time Low$0.012

View $SWAP token page

$2.59m

$1.96m

$SWAP Volume 24h$4,624.27

CEX Volume$0

DEX Volume$5,162.76(111.64% of total)

Protocol Information

Explore token swaps, liquidity management and easy token launches

WebsiteX/Twitter
Categories:DexsInterface
Products:

Yields

Pools Tracked216

Average Supply APY1.48%

User Activity

Active Addresses (24h)2,045

Transactions (24h)15,167

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 $19.74m in total value locked. TVL has increased 2.4% 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 $758,529 in fees. Of that, $79,339.17 was protocol revenue. Based on the trailing year, the annualized rate is $4.92m in fees and $774,766.93 in revenue.

What is the SWAP token price and valuation?

SWAP is currently trading at $0.028. Its circulating market capitalization is $1.96m, ranking it #2,893. Its fully diluted valuation is $2.58m. Supply currently stands at 70.21m circulating, 92.43m total supply.

How has SWAP performed recently?

SWAP is up 16.8% over the past 7 days and down 51.3% over the past 30 days. Its all-time high is $0.16, reached on Oct 21, 2025. The token is currently 82.4% 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 $216.41m in DEX volume over the past 30 days.