Key Metrics
Fees (Annualized)$1.56m
Fees 30d$107,067
Hyperliquid L1$107,067
Fees 7d$42,720
Hyperliquid L1$42,720
Fees 24h$5,727
Hyperliquid L1$5,727
Cumulative Fees$1.62m
Hyperliquid L1$1.62m
Revenue (Annualized)$1.56m
Revenue 30d$107,067
Hyperliquid L1$107,067
Revenue 7d$42,720
Hyperliquid L1$42,720
Revenue 24h$5,727
Hyperliquid L1$5,727
Cumulative Revenue$1.62m
Hyperliquid L1$1.62m
Perp Volume 30d$277.11m
Perp Volume 30d by chain
Hyperliquid L1$277.11m
Perp Volume 7d$117.04m
Hyperliquid L1$117.04m
Perp Volume 24h$14.74m
Hyperliquid L1$14.74m
Cumulative Perp Volume$3.54b
Hyperliquid L1$3.54b
Total Raised$25.6m
Nov 3, 2025$7.6mRound: SeedInvestors: Paradigm, General Catalyst, Ashwin Ramachandran, Eric Wu
Apr 28, 2026$18mRound: Series AInvestors: Neo, Left Lane Capital, Haun Ventures, K5 Global, SV Angel, Anti Fund, Sunflower Captial
Protocol Information
Liquid provides a way to trade Bitcoin, ETH, and trending tokens with up to 40x leverage
Sub Category: Hyperliquid Builder
Methodology
Fees: builder code revenue from Hyperliquid Perps Trades.View code on GitHubRevenue: builder code revenue from Hyperliquid Perps Trades.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Frequently Asked Questions
What chains does Liquid Perps operate on?
Liquid Perps operates on Hyperliquid L1.
How much has Liquid Perps generated in fees and revenue?
Over the past 30 days, Liquid Perps generated $107,067 in fees. Of that, $107,067 was protocol revenue. Based on the trailing year, the annualized rate is $1.56m in fees and $1.56m in revenue.
How does Liquid Perps' TVL compare to similar protocols?
Among Interface protocols tracked by DefiLlama, Liquid Perps ranks #15 by TVL. The category holds $1.71m across 181 protocols, and Liquid Perps accounts for 0% of that total. Other leading protocols include Ventuals, LiquidBots, Jupiter Prediction, DESK CLOB, DFlow Prediction Market, Raydium Perps, PriveX, pvp.trade, Axiom Perps, and Phantom Perps.
How much perpetual futures volume does Liquid Perps process?
Liquid Perps processed $277.11m in perpetual futures volume over the past 30 days.

