Total Value Locked$6.56m
TVL by Chain
Hyperliquid L1$6.56m
Key Metrics
Fees 30d$65,256
Fees 30d by chain
Hyperliquid L1$65,256
Fees 7d$3,012
Hyperliquid L1$3,012
Fees 24h$204
Hyperliquid L1$204
Cumulative Fees$1.24m
Hyperliquid L1$1.24m
Revenue 30d$26,103
Revenue 30d by chain
Hyperliquid L1$26,103
Revenue 7d$1,205
Hyperliquid L1$1,205
Revenue 24h$81.79
Hyperliquid L1$81.79
Cumulative Revenue$497,530
Hyperliquid L1$497,530
Holders Revenue 30d$20,891
Holders Revenue 30d by chain
Hyperliquid L1$20,891
Holders Revenue 7d$963.39
Hyperliquid L1$963.39
Holders Revenue 24h$65.36
Hyperliquid L1$65.36
Cumulative Holders Revenue$397,996
Hyperliquid L1$397,996
DEX Volume 30d$21.73m
DEX Volume 30d by chain
Hyperliquid L1$21.73m
DEX Volume 7d$1m
Hyperliquid L1$1m
DEX Volume 24h$66,908
Hyperliquid L1$66,908
Cumulative DEX Volume$873.61m
Hyperliquid L1$873.61m
Protocol Information
Explore token swaps, liquidity management and easy token launches
Sub Category: AMM
Methodology
TVL: Value of the tokens locked in the liquidity pools.View code on GitHubFees: Total swap fees paid by users.View code on GitHubRevenue: 8% protocol revenue share and 32% holders revenue share.View code on GitHubHolders Revenue: 32% of fees used for buy-back and burn.View code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubYields
Pools Tracked134
Average Supply APY0.33%
Competitors
HyperSwap V2 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 24, 2025 to Nov 4, 2026.
All-time high TVL: $9.43m on May 26, 2025. All-time low TVL: $434,190 on Mar 11, 2025.
Daily TVL, Oct 6, 2026 to Nov 4, 2026
| Date | TVL |
|---|---|
| Oct 6, 2026 | $7.17m |
| Oct 7, 2026 | $7m |
| Oct 8, 2026 | $6.97m |
| Oct 9, 2026 | $6.63m |
| Oct 10, 2026 | $6.78m |
| Oct 11, 2026 | $6.91m |
| Oct 12, 2026 | $6.92m |
| Oct 13, 2026 | $6.56m |
| Oct 14, 2026 | $6.8m |
| Oct 15, 2026 | $6.69m |
| Oct 16, 2026 | $6.86m |
| Oct 17, 2026 | $6.77m |
| Oct 18, 2026 | $6.54m |
| Oct 19, 2026 | $6.53m |
| Oct 20, 2026 | $6.38m |
| Oct 21, 2026 | $6.46m |
| Oct 22, 2026 | $6.4m |
| Oct 23, 2026 | $6.21m |
| Oct 24, 2026 | $6.12m |
| Oct 25, 2026 | $6.12m |
| Oct 26, 2026 | $6.06m |
| Oct 27, 2026 | $6.2m |
| Oct 28, 2026 | $6.43m |
| Oct 29, 2026 | $6.34m |
| Oct 30, 2026 | $7.13m |
| Oct 31, 2026 | $7.06m |
| Nov 1, 2026 | $6.93m |
| Nov 2, 2026 | $6.94m |
| Nov 3, 2026 | $6.6m |
| Nov 4, 2026 | $6.68m |
TVL at each month end, Feb 2025 to Nov 2026
| Date | TVL |
|---|---|
| Feb 28, 2025 | $1.03m |
| Mar 31, 2025 | $1.8m |
| Apr 30, 2025 | $2.57m |
| May 31, 2025 | $7.67m |
| Jun 30, 2025 | $7.42m |
| Jul 31, 2025 | $6.3m |
| Aug 31, 2025 | $5.41m |
| Sep 30, 2025 | $5.78m |
| Oct 31, 2025 | $5.1m |
| Nov 30, 2025 | $3.48m |
| Dec 31, 2025 | $2.39m |
| Jan 31, 2026 | $2.82m |
| Feb 28, 2026 | $2.49m |
| Mar 31, 2026 | $3.16m |
| Apr 30, 2026 | $3.33m |
| May 31, 2026 | $5.95m |
| Jun 30, 2026 | $5.14m |
| Jul 31, 2026 | $4.26m |
| Aug 31, 2026 | $6.68m |
| Sep 30, 2026 | $6.63m |
| Oct 31, 2026 | $7.06m |
| Nov 4, 2026 (latest) | $6.68m |
Fees, revenue and holders revenue by UTC calendar month, Mar 2025 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Mar 2025 | $33,120 | $13,252 | $10,598 |
| Apr 2025 | $68,020 | $27,206 | $21,760 |
| May 2025 | $435,284 | $174,119 | $139,283 |
| Jun 2025 | $322,322 | $128,932 | $103,131 |
| Jul 2025 | $34,845 | $13,955 | $11,161 |
| Aug 2025 | $22,022 | $8,813 | $7,049 |
| Sep 2025 | $35,759 | $14,296 | $11,442 |
| Oct 2025 | $50,605 | $20,245 | $16,185 |
| Nov 2025 | $9,393 | $3,752 | $3,005 |
| Dec 2025 | $3,438 | $1,378 | $1,103 |
| Jan 2026 | $4,474 | $1,787 | $1,430 |
| Feb 2026 | $3,873 | $1,548 | $1,239 |
| Mar 2026 | $2,369 | $946.95 | $757.22 |
| Apr 2026 | $1,607 | $643.01 | $513.92 |
| May 2026 | $13,016 | $5,213 | $4,165 |
| Jun 2026 | $8,824 | $3,530 | $2,827 |
| Jul 2026 | $2,106 | $839.52 | $671.70 |
| Aug 2026 | $93,047 | $37,222 | $29,775 |
| Sep 2026 | $34,133 | $13,649 | $10,931 |
| Oct 2026 | $64,948 | $25,980 | $20,792 |
| Nov 2026 (to date) | $758.11 | $303.08 | $242.70 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/hyperswap-v2
Frequently asked questions
What is HyperSwap V2's TVL?
As of Nov 4, 2026, HyperSwap V2 has $6.56m in total value locked. TVL has decreased 5.2% over the past 30 days.
What chains does HyperSwap V2 operate on?
HyperSwap V2 operates on Hyperliquid L1. Hyperliquid L1 holds the largest share at 100%.
How much has HyperSwap V2 generated in fees and revenue?
Over the past 30 days, HyperSwap V2 generated $65,256 in fees. Of that, $26,103 was protocol revenue. Based on the trailing year, the annualized rate is $240,789 in fees and $96,312 in revenue.
How does HyperSwap V2's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, HyperSwap V2 ranks #94 by TVL. The category holds $13.107b across 1,928 protocols, and HyperSwap V2 accounts for 0.1% of that total. Similar protocols include Uniswap V4, Curve DEX, Hyperliquid Spot Orderbook, Project X, nest CL, Metric V1, Balancer V3, HyperSwap V3, Ramses CL V2, and WOOFi Swap.
How much trading volume does HyperSwap V2 process?
HyperSwap V2 processed $21.73m in DEX volume over the past 30 days.