Ask about nest · freeTotal Value Locked$29.04m
TVL by Chain
Hyperliquid L1$29.04m
Key Metrics
Fees 30d$571,870
Fees 30d by chain
Hyperliquid L1$571,870
Fees 7d$129,996
Hyperliquid L1$129,996
Fees 24h$17,431
Hyperliquid L1$17,431
Cumulative Fees$3.81m
Hyperliquid L1$3.81m
Revenue 30d$571,870
Revenue 30d by chain
Hyperliquid L1$571,870
Revenue 7d$129,996
Hyperliquid L1$129,996
Revenue 24h$17,431
Hyperliquid L1$17,431
Cumulative Revenue$3.81m
Hyperliquid L1$3.81m
Holders Revenue 30d$571,870
Holders Revenue 30d by chain
Hyperliquid L1$571,870
Holders Revenue 7d$129,996
Hyperliquid L1$129,996
Holders Revenue 24h$17,431
Hyperliquid L1$17,431
Cumulative Holders Revenue$3.81m
Hyperliquid L1$3.81m
Incentives 1y$4.42m
Incentives 30d$218,949
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$4.42m
Earnings (Annualized)-$371,032
Earnings 30d$352,921
Earnings 7d$129,996
Earnings 24h$17,431
Cumulative Earnings-$615,095
DEX Volume 30d$395.98m
DEX Volume 30d by chain
Hyperliquid L1$395.98m
DEX Volume 7d$98.19m
Hyperliquid L1$98.19m
DEX Volume 24h$12.08m
Hyperliquid L1$12.08m
Cumulative DEX Volume$3.652b
Hyperliquid L1$3.652b
Market Cap$4.55m
$NEST Price$0.016
Fully Diluted Valuation$31.22m
Outstanding FDV$16.73m
$NEST Volume 24h$130,553
CEX Volume$0
DEX Volume$129,873(99.48% 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 Tracked41
Average Supply APY43.63%
User Activity
New Addresses (24h)10
Competitors
nest history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Nov 15, 2025 to Oct 25, 2026.
All-time high TVL: $28.76m on Oct 23, 2026. All-time low TVL: $70 on Nov 15, 2025.
Daily TVL, Sep 26, 2026 to Oct 25, 2026
| Date | TVL |
|---|---|
| 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 |
| Oct 19, 2026 | $26.82m |
| Oct 20, 2026 | $27.43m |
| Oct 21, 2026 | $28.16m |
| Oct 22, 2026 | $28.3m |
| Oct 23, 2026 | $28.76m |
| Oct 24, 2026 | $28.03m |
| Oct 25, 2026 | $28.32m |
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 25, 2026 (latest) | $28.32m |
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) | $449,195 | $449,195 | $449,195 |
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 25, 2026, nest has $29.04m in total value locked. TVL has increased 17.1% 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 $571,870 in fees. Of that, $571,870 was protocol revenue. Based on the trailing year, the annualized rate is $4m in fees and $4.05m in revenue.
What is the NEST token price and valuation?
NEST is currently trading at $0.016. Its circulating market capitalization is $4.55m, ranking it #2,047. Its fully diluted valuation is $31.22m. Supply currently stands at 282.14m circulating, 1.938b total supply.
How has NEST performed recently?
NEST is up 1.3% over the past 7 days and down 11.9% over the past 30 days. Its all-time high is $0.044, reached on Jun 4, 2026. The token is currently 63.2% below that level.
How does nest's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, nest ranks #39 by TVL. The category holds $13.831b across 1,920 protocols, and nest accounts for 0.2% of that total. Similar protocols include Curve DEX, Hyperliquid Spot Orderbook, Project X, Balancer V3, Metric V1, Ramses CL V2, HyperSwap V3, HyperSwap V2, WOOFi Swap, and Valantis STEX.
How much trading volume does nest process?
nest processed $395.98m in DEX volume over the past 30 days.