Ask about HyperSwap
Logo of HyperSwapHyperSwap(SWAP)
Total Value Locked$18.23m

TVL by Chain

Hyperliquid L1$18.23m

Key Metrics

Fees 30d$866,182.95
Fees 30d by chain

Hyperliquid L1$866,182.95

Fees 7d$73,723

Hyperliquid L1$73,723

Fees 24h$6,424

Hyperliquid L1$6,424

Cumulative Fees$16.65m

Hyperliquid L1$16.65m

Revenue 30d$91,197.92
Revenue 30d by chain

Hyperliquid L1$91,197.92

Revenue 7d$12,592

Hyperliquid L1$12,592

Revenue 24h$1,800

Hyperliquid L1$1,800

Cumulative Revenue$2.87m

Hyperliquid L1$2.87m

Holders Revenue 30d$70,665.11
Holders Revenue 30d by chain

Hyperliquid L1$70,665.11

Holders Revenue 7d$9,752

Hyperliquid L1$9,752

Holders Revenue 24h$1,421

Hyperliquid L1$1,421

Cumulative Holders Revenue$2.18m

Hyperliquid L1$2.18m

Incentives 1y$72,153.72

$13,708.21

$4,335.71

$72,153.72

Earnings (Annualized)$745,752.04

$77,489.71

$8,256.29

$2.8m

DEX Volume 30d$294.14m
DEX Volume 30d by chain

Hyperliquid L1$294.14m

DEX Volume 7d$29.23m

Hyperliquid L1$29.23m

DEX Volume 24h$2.53m

Hyperliquid L1$2.53m

Cumulative DEX Volume$13.04b

Hyperliquid L1$13.04b

Cumulative Perp Volume$28.49m
Cumulative Perp Volume by chain

Hyperliquid L1$28.49m

Protocol Information

Explore token swaps, liquidity management and easy token launches

WebsiteTwitter
Categories:DexsInterface
Products:

Yields

Pools Tracked224

Average Supply APY3.79%

User Activity

Active Addresses (24h)2,063

Transactions (24h)21,125

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 $18.23m in total value locked. TVL has increased 41.4% 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 $866,182.95 in fees. Of that, $91,197.92 was protocol revenue. Based on the trailing year, the annualized rate is $5.19m in fees and $817,905.76 in revenue.

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 $294.14m in DEX volume over the past 30 days.