Ask LlamaAI for free
ranked by
TradingDefiLlama
Hyperliquid November revenue exceeds $70M?
Quotes fetched just now.
Revenue so far$19.68m
Market threshold$70m
At this month's daily average$65.61m
Sep 2026$74.19m
Oct 2026$69.13m
Threshold $70m
Nov 1, 2026Dashed line: this month's daily average to the end of the periodNov 30, 2026
Revenue so far: completed UTC days from Nov 1, 2026 00:00 UTC to Nov 10, 2026 00:00 UTC
Market details
Ask about Revenue · freeRevenue (24h)
Revenue (30d)$1.209b
Weekly Change-9.82%
Top gainers (7d)
Top losers (7d)
| Name | Rights | Category | Definition | |||||
|---|---|---|---|---|---|---|---|---|
| $16.62m | $116.89m | -1.67% | $515.44m | 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 | |||
| $6.67m | $46.94m | -1.01% | $205.77m | Stablecoin Issuer | USDC: All yields from USDC backing cash-equivalent assets, and US Treasury Bills collected by Circle. CCTP: All the fees are revenue | |||
| $2.53m | $16.06m | -6.42% | $68.17m | 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 | |||
| $1.19m | $9.36m | -12.92% | $50.75m | Launchpad | pump.fun: Pump's slice of the bonding-curve trade fee plus graduation fees, Mayhem-mode fees and the website app 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: 0.45% app fee paid on pump.fun mobile app trades, kept by pump.fun. pump.fun Perps: Builder-code fees received by the Pump.fun builder account, before any subsequent referral or callout reward payouts | |||
| $807,342 | $5.72m | -7.63% | $24.53m | Chain | Amount of TRX fees were burned | |||
| $515,308 | $3.75m | -3.45% | $16.94m | RWA | All the fees are revenue | |||
| $488,847 | $622,033 | +295% | $1.12m | Farm | Excludes Venice's subscription, API, and credit/DIEM revenue, which settle off-chain (card / Coinbase Commerce / Stripe-Bridge) with no on-chain footprint. Includes only the VVV buy-and-burn (= HoldersRevenue) | |||
| $459,986 | $5.08m | +31.33% | $18.38m | 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 | |||
| $419,458 | $2.96m | -5.17% | $13.17m | CDP | Lending: Fees collected minus savings rate paid to DSR depositors. Money: Yields are collected by curators | |||
| $318,527 | $2.37m | -6.76% | $11.06m | Lending | All yields from USD1 backing assets investments (Fidelity money market funds) collected by World Liberty Financial | |||
| $306,105 | $2.12m | -7.33% | $9.61m | 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 | |||
| $299,763 | $1.79m | $9.66m | 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 | ||||
| $272,804 | $1.49m | -48.77% | $14.7m | Physical TCG | Gacha card pack sales and marketplace royalties net of gacha pack buybacks, plus the LP fees the treasury claims from the CARDS/USDC pool, all kept by the protocol | |||
| $265,492 | $1.82m | +4.39% | $7.44m | Stablecoin Issuer | All yields from RLUSD backing assets (U.S. Treasury bills and government money-market funds) collected by Standard Custody & Trust Company (Ripple) | |||
| $260,445 | $1.91m | +10.08% | $7.54m | 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 | |||
| $239,954 | $1.4m | +16.36% | $5.33m | 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) | |||
| $234,592 | $1.86m | +0.20% | $9.64m | 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 | |||
| $210,010 | $1.69m | -40.71% | $8.13m | 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, From 5 Oct 2026, on Arc. V4: Fee switch enabled on 27 Jul 2026 (tracked in uniswap-v3 adapter), a part of fees collected to buy back and burn UNI | |||
| $179,477 | $1.38m | +4.33% | $5.74m | 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 | |||
| $179,035 | $1.1m | -6.17% | $6.36m | Trading App | Trading fees retained by GMGN after referral commissions. Solana referral is measured on-chain; EVM referral is estimated at the measured Solana referral rate (~16% of fees) | |||
| $172,231 | $899,813 | +28.14% | $2.94m | Interface | Half of the fees goes to the protocol and rest to hyperliquid | |||
| $168,667 | $1.05m | +29.05% | $2.93m | Dexs | Curve DEX: The share of pool fees kept by the protocol rather than paid to liquidity providers - usually half of the fee - plus bribes. crvUSD: All borrow interest go to protocol treasury + veCRV holders. Curve LlamaLend: AMM admin fees collected by Curve DAO. Curve LlamaLend V2: Borrow admin fees accrued or collected by Curve DAO via per-market fee receivers | |||
| $165,339 | $1.38m | +16.05% | $5.2m | Lending | V2, V3: Amount of fees go to Aave treasury. V4: Protocol share of borrow interest plus protocol share of liquidation bonuses |
