Total Value Locked$11.01m
TVL by Chain
Hyperliquid L1$11.01m
Key Metrics
Fees 30d$202,027
Fees 30d by chain
Hyperliquid L1$202,027
Fees 7d$98,145
Hyperliquid L1$98,145
Fees 24h$14,317
Hyperliquid L1$14,317
Cumulative Fees$15.83m
Hyperliquid L1$15.83m
Revenue 30d$33,319
Revenue 30d by chain
Hyperliquid L1$33,319
Revenue 7d$16,152
Hyperliquid L1$16,152
Revenue 24h$2,375
Hyperliquid L1$2,375
Cumulative Revenue$2.46m
Hyperliquid L1$2.46m
Holders Revenue 30d$24,987
Holders Revenue 30d by chain
Hyperliquid L1$24,987
Holders Revenue 7d$12,114
Hyperliquid L1$12,114
Holders Revenue 24h$1,781
Hyperliquid L1$1,781
Cumulative Holders Revenue$1.84m
Hyperliquid L1$1.84m
DEX Volume 30d$98.45m
DEX Volume 30d by chain
Hyperliquid L1$98.45m
DEX Volume 7d$50.5m
Hyperliquid L1$50.5m
DEX Volume 24h$6.95m
Hyperliquid L1$6.95m
Cumulative DEX Volume$12.366b
Hyperliquid L1$12.366b
Protocol Information
Explore token swaps, liquidity management and easy token launches
Sub Category: CLMM
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total swap fees paid by traders across all HyperSwap V3 pools.View code on GitHubRevenue: 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 GitHubHolders Revenue: The three quarters of the protocol's share of swap fees that is used to buy back and burn SWAP.View code on GitHubDEX Volume: Total value of tokens swapped across all HyperSwap V3 pools.View code on GitHubYields
Pools Tracked79
Average Supply APY3.86%
Competitors
HyperSwap V3 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 24, 2025 to Nov 5, 2026.
All-time high TVL: $101.77m on Jul 14, 2025. All-time low TVL: $467,574 on Feb 24, 2025.
Daily TVL, Oct 7, 2026 to Nov 5, 2026
| Date | TVL |
|---|---|
| Oct 7, 2026 | $11.95m |
| Oct 8, 2026 | $11.52m |
| Oct 9, 2026 | $10.98m |
| Oct 10, 2026 | $11.04m |
| Oct 11, 2026 | $11.26m |
| Oct 12, 2026 | $11.44m |
| Oct 13, 2026 | $10.74m |
| Oct 14, 2026 | $10.59m |
| Oct 15, 2026 | $10.55m |
| Oct 16, 2026 | $10.66m |
| Oct 17, 2026 | $10.44m |
| Oct 18, 2026 | $10.2m |
| Oct 19, 2026 | $10.26m |
| Oct 20, 2026 | $10.26m |
| Oct 21, 2026 | $10.48m |
| Oct 22, 2026 | $10.6m |
| Oct 23, 2026 | $10.21m |
| Oct 24, 2026 | $10.11m |
| Oct 25, 2026 | $10.06m |
| Oct 26, 2026 | $10.09m |
| Oct 27, 2026 | $10.16m |
| Oct 28, 2026 | $10.57m |
| Oct 29, 2026 | $10.55m |
| Oct 30, 2026 | $11.66m |
| Oct 31, 2026 | $11.6m |
| Nov 1, 2026 | $11.55m |
| Nov 2, 2026 | $11.3m |
| Nov 3, 2026 | $11.1m |
| Nov 4, 2026 | $11.09m |
| Nov 5, 2026 | $11.13m |
TVL at each month end, Feb 2025 to Nov 2026
| Date | TVL |
|---|---|
| Feb 28, 2025 | $1.29m |
| Mar 31, 2025 | $8.06m |
| Apr 30, 2025 | $38.78m |
| May 31, 2025 | $57.65m |
| Jun 30, 2025 | $96.3m |
| Jul 31, 2025 | $83.16m |
| Aug 31, 2025 | $54.6m |
| Sep 30, 2025 | $36.22m |
| Oct 31, 2025 | $31.37m |
| Nov 30, 2025 | $23.8m |
| Dec 31, 2025 | $10.57m |
| Jan 31, 2026 | $12.38m |
| Feb 28, 2026 | $9.04m |
| Mar 31, 2026 | $8.93m |
| Apr 30, 2026 | $9.77m |
| May 31, 2026 | $12.47m |
| Jun 30, 2026 | $10.82m |
| Jul 31, 2026 | $8.98m |
| Aug 31, 2026 | $12.2m |
| Sep 30, 2026 | $11.45m |
| Oct 31, 2026 | $11.6m |
| Nov 5, 2026 (latest) | $11.13m |
Fees, revenue and holders revenue by UTC calendar month, Mar 2025 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Mar 2025 | $66,528 | $10,643 | $7,984 |
| Apr 2025 | $625,310 | $100,049 | $75,036 |
| May 2025 | $2.09m | $334,395 | $250,796 |
| Jun 2025 | $2.96m | $473,906 | $355,430 |
| Jul 2025 | $2.25m | $360,069 | $270,051 |
| Aug 2025 | $2.14m | $343,004 | $257,253 |
| Sep 2025 | $1.04m | $166,670 | $124,998 |
| Oct 2025 | $944,783 | $151,166 | $113,373 |
| Nov 2025 | $601,606 | $96,257 | $72,193 |
| Dec 2025 | $241,760 | $38,681 | $29,010 |
| Jan 2026 | $235,708 | $37,715 | $28,284 |
| Feb 2026 | $252,896 | $40,462 | $30,349 |
| Mar 2026 | $205,400 | $32,865 | $24,649 |
| Apr 2026 | $99,255 | $15,880 | $11,912 |
| May 2026 | $279,691 | $44,750 | $33,560 |
| Jun 2026 | $495,016 | $79,202 | $59,402 |
| Jul 2026 | $161,253 | $26,412 | $19,806 |
| Aug 2026 | $644,236 | $39,818 | $29,861 |
| Sep 2026 | $260,570 | $30,058 | $22,544 |
| Oct 2026 | $195,069 | $31,659 | $23,743 |
| Nov 2026 (to date) | $36,044 | $5,961 | $4,470 |
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-v3
Frequently asked questions
What is HyperSwap V3's TVL?
As of Nov 5, 2026, HyperSwap V3 has $11.01m in total value locked. TVL has decreased 9.8% over the past 30 days.
What chains does HyperSwap V3 operate on?
HyperSwap V3 operates on Hyperliquid L1. Hyperliquid L1 holds the largest share at 100%.
How much has HyperSwap V3 generated in fees and revenue?
Over the past 30 days, HyperSwap V3 generated $202,027 in fees. Of that, $33,319 was protocol revenue. Based on the trailing year, the annualized rate is $3.59m in fees and $500,882 in revenue.
How does HyperSwap V3's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, HyperSwap V3 ranks #75 by TVL. The category holds $13.138b across 1,928 protocols, and HyperSwap V3 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, Ramses CL V2, HyperSwap V2, and WOOFi Swap.
How much trading volume does HyperSwap V3 process?
HyperSwap V3 processed $98.45m in DEX volume over the past 30 days.