Key Metrics
Fees 30d$35,224
Fees 30d by chain
Hyperliquid L1$35,224
Fees 7d$7,731
Hyperliquid L1$7,731
Fees 24h$980
Hyperliquid L1$980
Cumulative Fees$160,535.03
Hyperliquid L1$160,535.03
Revenue 30d$11,996
Revenue 30d by chain
Hyperliquid L1$11,996
Revenue 7d$2,755
Hyperliquid L1$2,755
Revenue 24h$347
Hyperliquid L1$347
Cumulative Revenue$62,305.84
Hyperliquid L1$62,305.84
Perp Volume 30d$134.03m
Perp Volume 30d by chain
Hyperliquid L1$134.03m
Perp Volume 7d$26.4m
Hyperliquid L1$26.4m
Perp Volume 24h$5.71m
Hyperliquid L1$5.71m
Cumulative Perp Volume$357.36m
Hyperliquid L1$357.36m
$13.89m
Protocol Information
Paragon transforms market indices into tradable instruments on Hyperliquid.
Sub Category: Hyperliquid HIP3 Deployer
Methodology
Fees: Trading fees paid by users on Hyperliquid markets deployed by Paragon.View code on GitHubRevenue: Half of the fees goes to the protocol and rest to hyperliquidView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Frequently Asked Questions
What chains does Paragon operate on?
Paragon operates on Hyperliquid L1.
How much has Paragon generated in fees and revenue?
Over the past 30 days, Paragon generated $35,224 in fees. Of that, $11,996 was protocol revenue. Based on the trailing year, the annualized rate is $350,869.98 in fees and $136,177.43 in revenue.
How does Paragon's TVL compare to similar protocols?
Among Interface protocols tracked by DefiLlama, Paragon ranks #105 by TVL. The category holds $1.01m across 186 protocols, and Paragon accounts for 0% of that total. Other leading protocols include Ventuals, LiquidBots, Jupiter Prediction, otomate.trade, DESK CLOB, DFlow Prediction Market, Raydium Perps, PriveX, pvp.trade, and Axiom Perps.
How much perpetual futures volume does Paragon process?
Paragon processed $134.03m in perpetual futures volume over the past 30 days.

