Ask about Hyperliquid
Key Metrics
Fees 30d$76.07m
Fees 30d by chain
Hyperliquid L1$76.07m
Fees 7d$12.85m
Hyperliquid L1$12.85m
Fees 24h$1.36m
Hyperliquid L1$1.36m
Cumulative Fees$1.551b
Hyperliquid L1$1.551b
Revenue 30d$59.49m
Revenue 30d by chain
Hyperliquid L1$59.49m
Revenue 7d$9.9m
Hyperliquid L1$9.9m
Revenue 24h$1.07m
Hyperliquid L1$1.07m
Cumulative Revenue$1.253b
Hyperliquid L1$1.253b
Holders Revenue 30d$59.49m
Holders Revenue 30d by chain
Hyperliquid L1$59.49m
Holders Revenue 7d$9.9m
Hyperliquid L1$9.9m
Holders Revenue 24h$1.07m
Hyperliquid L1$1.07m
Cumulative Holders Revenue$1.253b
Hyperliquid L1$1.253b
Incentives 1y$0
$0
$0
$0
$0
Earnings (Annualized)$700.05m
$59.49m
$9.9m
$1.07m
$1.253b
DEX Volume 30d$4.97b
DEX Volume 30d by chain
Hyperliquid L1$4.97b
DEX Volume 7d$916.81m
Hyperliquid L1$916.81m
DEX Volume 24h$84.74m
Hyperliquid L1$84.74m
Cumulative DEX Volume$166.179b
Hyperliquid L1$166.179b
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
$14.22b
Market Cap$17.953b
$HYPE Price$80.69
$77.1b
$31.322b
$HYPE Volume 24h$844.36m
CEX Volume$239.62m
DEX Volume$607.95m(72% of total)
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.
- Hyperliquid BridgeBridge
- Hyperliquid HLPDerivatives
- Hyperliquid PerpsDerivatives
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
DEX Volume: Volume of all spot token swaps on the DEX
Perp Volume: Notional volume of all trades including leverage on the perp exchange
Liquidation Volume: USD value of positions liquidated by the protocol
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Frequently Asked Questions
What is Hyperliquid's TVL?
Hyperliquid currently has $6.795b in total value locked. TVL has increased 12.9% over the past 30 days.
What chains does Hyperliquid operate on?
Hyperliquid operates on 2 chains: Hyperliquid L1 and Arbitrum. Hyperliquid L1 holds the largest share at 93.4%.
How much has Hyperliquid generated in fees and revenue?
Over the past 30 days, Hyperliquid generated $76.07m in fees. Of that, $59.49m was protocol revenue. Based on the trailing year, the annualized rate is $930.67m in fees and $700.05m in revenue.
What is the HYPE token price and valuation?
HYPE is currently trading at $80.69. Its circulating market capitalization is $17.953b, ranking it #12. Its fully diluted valuation is $77.1b. Supply currently stands at 222.45m circulating, 955.31m total supply, 1b maximum supply.
How has HYPE performed recently?
HYPE is down 4.8% over the past 7 days and up 42.2% over the past 30 days. Its all-time high is $89.6, reached on Sep 6, 2026. The token is currently 9.9% below that level.
Which protocols are included in Hyperliquid?
Hyperliquid is a parent protocol whose tracked products include Hyperliquid Bridge, Hyperliquid HLP, Hyperliquid Spot Orderbook, and Hyperliquid Perps.
How much trading volume does Hyperliquid process?
Hyperliquid processed $4.97b in DEX volume over the past 30 days.