Key Metrics
Fees (Annualized)$342,273.67
Fees 30d$29,956
Hyperliquid L1$29,956
Fees 7d$5,152
Hyperliquid L1$5,152
Fees 24h$753
Hyperliquid L1$753
Cumulative Fees$143,473.62
Hyperliquid L1$143,473.62
Revenue (Annualized)$134,607.28
Revenue 30d$9,767
Hyperliquid L1$9,767
Revenue 7d$1,859
Hyperliquid L1$1,859
Revenue 24h$294
Hyperliquid L1$294
Cumulative Revenue$56,424.42
Hyperliquid L1$56,424.42
Perp Volume 30d$144.11m
Perp Volume 30d by chain
Hyperliquid L1$144.11m
Perp Volume 7d$20.74m
Hyperliquid L1$20.74m
Perp Volume 24h$3.13m
Hyperliquid L1$3.13m
Cumulative Perp Volume$303.63m
Hyperliquid L1$303.63m
$11.89m
Protocol Information
Paragon transforms market indices into tradable instruments on Hyperliquid.
Sub Category: Hyperliquid HIP3 Deployer
Methodology
Fees: Trading fees paid by users on Hyperliquid markets deployed by Paragon.View code on GitHubRevenue: Half of the fees goes to the protocol and rest to hyperliquidView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Frequently Asked Questions
What chains does Paragon operate on?
Paragon operates on Hyperliquid L1.
How much has Paragon generated in fees and revenue?
Over the past 30 days, Paragon generated $29,956 in fees. Of that, $9,767 was protocol revenue. Based on the trailing year, the annualized rate is $342,273.67 in fees and $134,607.28 in revenue.
How does Paragon's TVL compare to similar protocols?
Among Interface protocols tracked by DefiLlama, Paragon ranks #105 by TVL. The category holds $1.4m across 184 protocols, and Paragon 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 Paragon process?
Paragon processed $144.11m in perpetual futures volume over the past 30 days.
