Key Metrics
Fees 30d$72.62m
Fees 30d by chain
Hyperliquid L1$72.62m
Fees 7d$12.27m
Hyperliquid L1$12.27m
Fees 24h$1.31m
Hyperliquid L1$1.31m
Cumulative Fees$1.464b
Hyperliquid L1$1.464b
Revenue 30d$57.15m
Revenue 30d by chain
Hyperliquid L1$57.15m
Revenue 7d$9.5m
Hyperliquid L1$9.5m
Revenue 24h$1.03m
Hyperliquid L1$1.03m
Cumulative Revenue$1.202b
Hyperliquid L1$1.202b
Holders Revenue 30d$57.15m
Holders Revenue 30d by chain
Hyperliquid L1$57.15m
Holders Revenue 7d$9.5m
Hyperliquid L1$9.5m
Holders Revenue 24h$1.03m
Hyperliquid L1$1.03m
Cumulative Holders Revenue$1.202b
Hyperliquid L1$1.202b
Perp Volume 30d$220.672b
Perp Volume 30d by chain
Hyperliquid L1$220.672b
Perp Volume 7d$39.99b
Hyperliquid L1$39.99b
Perp Volume 24h$4.245b
Hyperliquid L1$4.245b
Cumulative Perp Volume$5.286t
Hyperliquid L1$5.286t
Liquidation Volume 30d$2.436b
Liquidation Volume 30d by chain
Hyperliquid L1$2.436b
Liquidation Volume 7d$228.33m
Hyperliquid L1$228.33m
Liquidation Volume 24h$23.3m
Hyperliquid L1$23.3m
Cumulative Liquidation Volume$33.12b
Hyperliquid L1$33.12b
$13.81b
Protocol Information
Hyperliquid is a Layer 1 blockchain best known for perpetual futures and spot trading. Beyond its flagship decentralized exchange (DEX), the ecosystem supports borrowing, lending, RWAs, and a full-fledged EVM.
Methodology
Fees: Include perps trading fees on crypto and HIP-3 deployed markets + builders fees, excluding all spot fees.View code on GitHubRevenue: 99% of fees go to Assistance Fund for buying HYPE tokens, excluding builders fees.View code on GitHubHolders Revenue: 99% of fees go to Assistance Fund for buying HYPE tokens, excluding builders fees.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubLiquidation Volume: Total USD notional of liquidated positions, from the `amountQuote` field of ClearingHouse `Liquidation` events.View code on GitHubCompetitors
Frequently Asked Questions
What chains does Hyperliquid Perps operate on?
Hyperliquid Perps operates on Hyperliquid L1.
How much has Hyperliquid Perps generated in fees and revenue?
Over the past 30 days, Hyperliquid Perps generated $72.62m in fees. Of that, $57.15m was protocol revenue. Based on the trailing year, the annualized rate is $883.59m in fees and $668.69m in revenue.
How does Hyperliquid Perps' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Hyperliquid Perps ranks #359 by TVL. The category holds $2.075b across 424 protocols, and Hyperliquid Perps accounts for 0% of that total. Other leading protocols include Hyperliquid HLP, Derive V2, Bounce.Tech, SIR, Racks, Jupiter Perpetual Exchange, GMX V2 Perps, Extended Perps, Lighter Robinhood Perps, and dYdX V4.
How much perpetual futures volume does Hyperliquid Perps process?
Hyperliquid Perps processed $220.672b in perpetual futures volume over the past 30 days.