Key Metrics
Fees 30d$594,288
Fees 30d by chain
Hyperliquid L1$594,288
Fees 7d$85,239
Hyperliquid L1$85,239
Fees 24h$10,776
Hyperliquid L1$10,776
Cumulative Fees$22.83m
Hyperliquid L1$22.83m
Revenue 30d$0
Revenue 30d by chain
Hyperliquid L1$0
Revenue 7d$0
Hyperliquid L1$0
Revenue 24h$0
Hyperliquid L1$0
Cumulative Revenue$0
Hyperliquid L1$0
Protocol Information
Hyperliquidity Provider (HLP) is a protocol vault that provides liquidity to Hyperliquid through multiple market making strategies, performs liquidations, supplies USDC in Earn, and accrues a portion of trading fees. HLP democratizes strategies typically reserved for privileged parties on other exchanges. HLP is fully community-owned.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: 1% of perp and spot trading revenue (excluding builders and unit revenue) share for HLP.View code on GitHubRevenue: No revenue.View code on GitHubCompetitors
Frequently Asked Questions
What is Hyperliquid HLP's TVL?
Hyperliquid HLP currently has $187.17m in total value locked. TVL has decreased 0.1% over the past 30 days.
What chains does Hyperliquid HLP operate on?
Hyperliquid HLP operates on Hyperliquid L1. Hyperliquid L1 holds the largest share at 100%.
How much has Hyperliquid HLP generated in fees and revenue?
Over the past 30 days, Hyperliquid HLP generated $594,288 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $7.06m in fees.
How does Hyperliquid HLP's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Hyperliquid HLP ranks #3 by TVL. The category holds $2.068b across 424 protocols, and Hyperliquid HLP accounts for 9% of that total. Other leading protocols include Derive V2, Bounce.Tech, SIR, Racks, Jupiter Perpetual Exchange, GMX V2 Perps, Extended Perps, Lighter Robinhood Perps, dYdX V4, and AZverse Perps.