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TradingDefiLlama
Will Hyperliquid’s revenue increase this week?
Quotes fetched just now.
Same days last week$9.35mthis week +14%
Left to pass last week$4.07m3 days left
Last week$14.74m
This week · 4 of 7 days$10.66m
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Daily revenue, UTC · Revenue rose week over week in 1 of the last 4 weeks
Market details
Ask about Revenue · freeRevenue (24h)
Revenue (30d)$1.245b
Weekly Change-4.91%
| Name | Rights | Category | Definition | ||||
|---|---|---|---|---|---|---|---|
| $16.99m | $120.59m | $522.35m | Stablecoin Issuer | Asset yields from USDT backing investments (US Treasury Bills and other fixed-income assets like repos, commercial paper, money market funds and secured loans) collected by Tether | |||
| $6.76m | $47.76m | $209.18m | Stablecoin Issuer | USDC: All yields from USDC backing cash-equivalent assets, and US Treasury Bills collected by Circle. CCTP: All the fees are revenue | |||
| $4.87m | $16.05m | $65.95m | Derivatives | HLP: No revenue. Perps: 99% of fees go to Assistance Fund for buying HYPE tokens, excluding builders fees, plus Hyperliquid's 90% share of AQAv2 stablecoin reserve yield since 27 Aug 2026. Spot Orderbook: 97% of spot trading fees before 30 Aug 2025 and 99% thereafter, after builder code fees and maker rebates, go to Assistance Fund for buying HYPE tokens, excluding unit protocol fees; HYPE paid in successful HIP-1 token-deployment auctions is burned. Outcomes: 99% of outcome fees net of builder-code fees, sent to the Assistance Fund to buy HYPE | |||
| $2.35m | $4.83m | $67.94m | Derivatives | All fees: half of the 2% fees to PAPER stakers, half to the dev fee recipient, and LP profits above the $5M cap to PAPER stakers | |||
| $1.69m | $12.35m | $65.88m | Launchpad | pump.fun: Pump's slice of the bonding-curve trade fee plus graduation fees, Mayhem-mode fees and the Platform Fee. Swap: Revenue kept by the protocol, which is the 0.05% protocol fee from each trade. Terminal: Trading terminal fees retained by Pump.fun after cashback/referral payouts. pump.fun Mobile App: Pump's protocol slice of bonding-curve fees plus the PumpSwap protocol fee on app trades | |||
| $1.47m | $1.47m | $1.48m | Block Builders | Earning from total fees minus total priority rewards paid to validators | |||
| $1.41m | $2.35m | $7.95m | Dexs | V1: Protocol makes no revenue. V2: From 28 Dec 2025, 17% (0% before) fees on Ethereum, From 8 Mar 2026, 17% (0% before) fees on Optimism, Arbitrum, Base, Zora, XLayer chains shared to buy back and burn UNI. (Tracked combined in Uniswap V3 adapter). V3: From 28 Dec 2025, a portion of fees a collected to buy back and burn UNI on Ethereum, From 8 Mar 2026, on Optimism, Arbitrum, Base, WC, Zora, XLayer, From 2 Jun 2026, on Polygon, BSC, Celo, From 27 Jul 2026, on Robinhood. V4: Fee switch enabled on 27 Jul 2026 (tracked in uniswap-v3 adapter), a part of fees collected to buy back and burn UNI | |||
| $1.1m | $1.1m | $5.35m | Services | All the LINK tokens transferred from the PaymentAbstractionLayer to the Reserve contract | |||
| $903,220 | $5.37m | $24.19m | Chain | Amount of TRX fees were burned | |||
| $572,522 | $3.99m | $17.71m | RWA | All the fees are revenue | |||
| $490,728 | $4.36m | $16.56m | Prediction Market | International: Fees going to protocol address post maker rebate, taker rebate, referral reward, liquidity and holding rewards distribution. Combos: All taker fees on combo trades go to Polymarket | |||
| $444,930 | $3.09m | $13.34m | CDP | Lending: Fees collected minus savings rate paid to DSR depositors. Money: Yields are collected by curators | |||
| $420,405 | $1.81m | $14.03m | Trading App | Wallet: FOMO's share of trading fees: USDC collected on native Solana swaps plus Relay platform fees. Referral fees are excluded. Perps: Builder code revenue from Hyperliquid Perps Trades. Spot: Builder-code fees on Hyperliquid spot trades, all kept by the builder. Outcome: Builder-code fees on Hyperliquid HIP-4 outcome trades, all kept by the builder | |||
| $414,952 | $1.71m | $7.82m | Dexs | Velodrome V1: Swap fees distributed to VELO token holders. Velodrome V2: Swap fees earned by liquidity staked in gauges and bribes, paid to veVELO voters, plus the staked-liquidity fees locked in the gauges since their last fee distribution ahead of the Aero upgrade (2026-10-15 on Optimism and Ink, earlier on the other chains). drome V1: Swap fees earned by liquidity staked in gauges and bribes, paid to veAERO voters, plus the staked-liquidity fees locked in the gauges since their last fee distribution on 2026-10-15. Velodrome V3: The share of swap fees earned by liquidity staked in a gauge, plus the rake taken from unstaked liquidity: paid to veVELO voters until the gauges last distributed fees ahead of the Aero upgrade (2026-10-15 on Optimism and Ink, earlier on the other chains), locked in the gauges after that. drome Slipstream: Swap fees earned by liquidity staked in gauges plus the cut taken from unstaked liquidity, and bribes, paid to veAERO voters, plus those staked-liquidity fees locked in the gauges since their last fee distribution on 2026-10-15. Slipstream: Swap fees earned by AERO-earning liquidity, the protocol share of fee-earning liquidity fees and bribes, all distributed to sAERO holders. Basic: Swap fees earned by AERO-earning liquidity and bribes, all distributed to sAERO holders | |||
| $362,616 | $2.58m | $11.79m | Lending | All yields from USD1 backing assets investments (Fidelity money market funds) collected by World Liberty Financial | |||
| $333,110 | $2.3m | $9.67m | Stablecoin Issuer | Gold: All the fees go to the protocol. Stablecoin Issuer: All the yields from Paypal USD and Binance USD backing are revenue for Paxos | |||
| $307,794 | $368,438 | $785,924 | Chain | All HyperEVM gas fees are burned. Base fees are removed from EVM supply and priority fees are sent to the EVM zero address | |||
| $300,528 | $2.15m | $13.4m | Trading App | Axiom: Revenue is fees retained by Axiom after deducting referral and cashback payouts. Axiom Perps: Builder Code Fees collected by Axiom from Hyperliquid Perps | |||
| $300,405 | $325,352 | $661,727 | Block Builders | Earning from total fees minus total priority rewards paid to validators | |||
| $295,815 | $1.22m | $3.5m | Interface | Wallet: Fees collected by Metamask paid by users for trading, swapping, bridging in Metamask wallet. USD: All accrued M yield is allocated to the mUSD yield recipient. Perps: Builder code revenue from Hyperliquid Perps Trades. Predictions: Builder fees received by MetaMask from trades on Polymarket v2 | |||
| $294,412 | $1.23m | $6.27m | Wallets | Wallet: Fees collected by Phantom. Perps: Builder Code Fees collected by Phantom from Hyperliquid Perps as Frontend Fees. Spot: Builder-code fees on Hyperliquid spot trades, all kept by the builder. Outcome: Builder-code fees on Hyperliquid HIP-4 outcome trades, all kept by the builder | |||
| $293,935 | $1.15m | $5.06m | Derivatives | Perps: Protocol revenue from maker fees, taker fees, transfer fees, and withdraw fees. Liquidation fees are excluded as they go directly to LLP. Spot: Protocol revenue from maker fees, taker fees, transfer fees, and withdraw fees. Robinhood Perps: Protocol revenue from maker, taker, transfer and withdrawal fees. Liquidation fees are excluded — they go to the LLP (see SupplySideRevenue) | |||
| $283,970 | $833,504 | $3.93m | Derivatives | Aggregator: Jupiter platform fees from Ultra aggregation service. Perpetual Exchange: 25% of total fees goes to protocol treasury and JUP holders. Ape Jupiter: All fees collected by protocol. Staked SOL: Includes withdrawal fees and management fees collected by fee collector. DCA: Legacy DCA fees and Trigger V2 fees collected by Jupiter. Trigger V2 fees are also part of the Jupiter aggregator adapter, hence this adapter is marked as double counted. Studio: Fees collected by Jup Studio. Lend: Amount of interest share to Jupiter and JUP token holders. Prediction: Jupiter doesnt keep any fees as of now, all the fees goes to kalshi. Limit: All fees collected by Jupiter from limit order executions. Offerbook: The protocol's share: the repayment fee (10% of interest) it takes from borrow interest, plus all loan origination fees (25% of interest) and collateral claim fees (0.1% of collateral, excluding NFT/RWA). Lend DEX: Jupiter's share of the protocol cut: fees x (revenue_cut/1e6) x 50%. YOLO: All profit fees, kept by Jupiter in a fee balance of the YOLO program separate from the house bankroll; there are no liquidity providers |