Ask about nest · freeTotal Value Locked$27.22m
TVL by Chain
Hyperliquid L1$27.22m
Key Metrics
Fees 30d$650,943
Fees 30d by chain
Hyperliquid L1$650,943
Fees 7d$110,629
Hyperliquid L1$110,629
Fees 24h$11,990
Hyperliquid L1$11,990
Cumulative Fees$3.68m
Hyperliquid L1$3.68m
Revenue 30d$650,943
Revenue 30d by chain
Hyperliquid L1$650,943
Revenue 7d$110,629
Hyperliquid L1$110,629
Revenue 24h$11,990
Hyperliquid L1$11,990
Cumulative Revenue$3.68m
Hyperliquid L1$3.68m
Holders Revenue 30d$650,943
Holders Revenue 30d by chain
Hyperliquid L1$650,943
Holders Revenue 7d$110,629
Hyperliquid L1$110,629
Holders Revenue 24h$11,990
Hyperliquid L1$11,990
Cumulative Holders Revenue$3.68m
Hyperliquid L1$3.68m
Incentives 1y$4.42m
Incentives 30d$512,538
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$4.42m
Earnings (Annualized)-$427,889
Earnings 30d$138,405
Earnings 7d$110,629
Earnings 24h$11,990
Cumulative Earnings-$745,091
DEX Volume 30d$433.32m
DEX Volume 30d by chain
Hyperliquid L1$433.32m
DEX Volume 7d$78.07m
Hyperliquid L1$78.07m
DEX Volume 24h$10.08m
Hyperliquid L1$10.08m
Cumulative DEX Volume$3.554b
Hyperliquid L1$3.554b
Market Cap$4.2m
$NEST Price$0.015
Fully Diluted Valuation$29.59m
Outstanding FDV$15.99m
$NEST Volume 24h$110,472
CEX Volume$0
DEX Volume$110,136(99.7% of total)
Protocol Information
NEST is built for Hyperliquid. Smart pools and efficient swaps power onchain rewards that compound value back to voters and the ecosystem.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
DEX Volume: Volume of all spot token swaps on the DEX
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
Yields
Pools Tracked39
Average Supply APY58.06%
User Activity
New Addresses (24h)18
Competitors
nest history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 15, 2025 to Oct 18, 2026.
All-time high TVL: $27.63m on Oct 17, 2026. All-time low TVL: $70 on Nov 15, 2025.
Daily TVL, Sep 19, 2026 to Oct 18, 2026
| Date | TVL |
|---|---|
| Sep 19, 2026 | $21.71m |
| Sep 20, 2026 | $22.3m |
| Sep 21, 2026 | $22.42m |
| Sep 22, 2026 | $25.26m |
| Sep 23, 2026 | $25.33m |
| Sep 24, 2026 | $24.89m |
| Sep 25, 2026 | $24.8m |
| Sep 26, 2026 | $25.36m |
| Sep 27, 2026 | $26.18m |
| Sep 28, 2026 | $26.15m |
| Sep 29, 2026 | $23.69m |
| Sep 30, 2026 | $23.85m |
| Oct 1, 2026 | $24.35m |
| Oct 2, 2026 | $25.53m |
| Oct 3, 2026 | $25.95m |
| Oct 4, 2026 | $26.4m |
| Oct 5, 2026 | $26.25m |
| Oct 6, 2026 | $26.64m |
| Oct 7, 2026 | $26.29m |
| Oct 8, 2026 | $24.3m |
| Oct 9, 2026 | $24.65m |
| Oct 10, 2026 | $25.06m |
| Oct 11, 2026 | $25.78m |
| Oct 12, 2026 | $25.97m |
| Oct 13, 2026 | $25.01m |
| Oct 14, 2026 | $26.93m |
| Oct 15, 2026 | $25.85m |
| Oct 16, 2026 | $26.84m |
| Oct 17, 2026 | $27.63m |
| Oct 18, 2026 | $27.26m |
TVL at each month end, Nov 2025 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2025 | $10.84m |
| Dec 31, 2025 | $3.61m |
| Jan 31, 2026 | $4.89m |
| Feb 28, 2026 | $3.48m |
| Mar 31, 2026 | $4.01m |
| Apr 30, 2026 | $7.3m |
| May 31, 2026 | $15.6m |
| Jun 30, 2026 | $21.37m |
| Jul 31, 2026 | $12.73m |
| Aug 31, 2026 | $17.88m |
| Sep 30, 2026 | $23.85m |
| Oct 18, 2026 (latest) | $27.26m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2025 | $43,809 | $43,809 | $43,809 |
| Dec 2025 | $121,658 | $121,658 | $121,658 |
| Jan 2026 | $68,068 | $68,068 | $68,068 |
| Feb 2026 | $48,763 | $48,763 | $48,763 |
| Mar 2026 | $40,197 | $40,197 | $40,197 |
| Apr 2026 | $76,545 | $76,545 | $76,545 |
| May 2026 | $483,031 | $483,031 | $483,031 |
| Jun 2026 | $1.12m | $1.12m | $1.12m |
| Jul 2026 | $316,041 | $316,041 | $316,041 |
| Aug 2026 | $446,059 | $446,059 | $446,059 |
| Sep 2026 | $595,161 | $595,161 | $595,161 |
| Oct 2026 (to date) | $319,199 | $319,199 | $319,199 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/nest
Frequently asked questions
What is nest's TVL?
As of Oct 18, 2026, nest has $27.22m in total value locked. TVL has increased 29.9% over the past 30 days.
What chains does nest operate on?
nest operates on Hyperliquid L1. Hyperliquid L1 holds the largest share at 100%.
How much has nest generated in fees and revenue?
Over the past 30 days, nest generated $650,943 in fees. Of that, $650,943 was protocol revenue. Based on the trailing year, the annualized rate is $3.95m in fees and $3.99m in revenue.
What is the NEST token price and valuation?
NEST is currently trading at $0.015. Its circulating market capitalization is $4.2m, ranking it #2,140. Its fully diluted valuation is $29.59m. Supply currently stands at 272.52m circulating, 1.922b total supply.
How has NEST performed recently?
NEST is up 18.1% over the past 7 days and up 85.9% over the past 30 days. Its all-time high is $0.044, reached on Jun 4, 2026. The token is currently 64.9% below that level.
How does nest's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, nest ranks #42 by TVL. The category holds $13.653b across 1,924 protocols, and nest accounts for 0.2% of that total. Other leading protocols include Curve DEX, Hyperliquid Spot Orderbook, Project X, Balancer V3, Ramses CL V2, HyperSwap V3, Metric V1, HyperSwap V2, WOOFi Swap, and Valantis STEX.
How much trading volume does nest process?
nest processed $433.32m in DEX volume over the past 30 days.