Protocol Information

Public liquidity layer on Hyperliquid · Upgraded ve(3,3) flywheel · CL & intent-based gasless trades

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:
Hybra V2: Users paid 0.25% per swap for volatile pairs and 0.02% for stable pairs.View code on GitHubHybra V3: Users paid 0.02%, 0.25% or 1% per swap.View code on GitHubHybra V4: Users paid dynamic fees per swap.View code on GitHub

Revenue:
Hybra V2: 12% swap fees collected by protocol Treasury.View code on GitHubHybra V3: 25% swap fees collected by protocol Treasury.View code on GitHubHybra V4: 25% swap fees collected by protocol Treasury.View code on GitHub

DEX Volume: Volume of all spot token swaps that go through the protocol