Ask about ParagonKey Metrics
Fees (Annualized)$334,601.64
Fees 30d$12,595.62
Hyperliquid L1$12,595.62
Fees 7d$7,078
Hyperliquid L1$7,078
Fees 24h$870
Hyperliquid L1$870
Cumulative Fees$121,006.62
Hyperliquid L1$121,006.62
Revenue (Annualized)$135,974.72
Revenue 30d$4,697.42
Hyperliquid L1$4,697.42
Revenue 7d$2,319
Hyperliquid L1$2,319
Revenue 24h$253
Hyperliquid L1$253
Cumulative Revenue$49,174.42
Hyperliquid L1$49,174.42
Perp Volume 30d$68.67m
Perp Volume 30d by chain
Hyperliquid L1$68.67m
Perp Volume 7d$37m
Hyperliquid L1$37m
Perp Volume 24h$4.87m
Hyperliquid L1$4.87m
Cumulative Perp Volume$201.38m
Hyperliquid L1$201.38m
$8.63m
Protocol Information
Paragon transforms market indices into tradable instruments on Hyperliquid.
Category:Interface
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 is Paragon?
Paragon transforms market indices into tradable instruments on Hyperliquid.
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 $12,595.62 in fees. Of that, $4,697.42 was protocol revenue. Based on the trailing year, the annualized rate is $334,601.64 in fees and $135,974.72 in revenue.
How does Paragon's TVL compare to similar protocols?
Among Interface protocols tracked by DefiLlama, Paragon ranks #100 by TVL. The category holds $1.57m across 167 protocols, and Paragon accounts for 0% of that total. Other leading protocols include Ventuals, Jupiter, and LiquidBots.
How much perpetual futures volume does Paragon process?
Paragon processed $68.67m in perpetual futures volume over the past 30 days.
