Hyperliquid (HYPE)
Total Value Locked$522.14m
TVL by Chain
Hyperliquid L1$522.14m
Key Metrics
Fees (Annualized)$932.88m
Fees 30d$76.47m
Fees 7d$28.64m
Fees 24h$4.31m
Cumulative Fees$507.58m
Revenue (Annualized)$867.58m
Revenue 30d$71.11m
Revenue 7d$26.63m
Revenue 24h$4.01m
Cumulative Revenue$493.8m
Holders Revenue (Annualized)$867.58m
Holders Revenue 30d$71.11m
Holders Revenue 7d$26.63m
Holders Revenue 24h$4.01m
Cumulative Holders Revenue$183.02m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$867.58m
Earnings 30d$71.11m
Earnings 7d$26.63m
Earnings 24h$4.01m
Cumulative Earnings$493.8m
DEX Volume 30d$9.72b
DEX Volume 7d$3.284b
DEX Volume 24h$339.24m
Cumulative DEX Volume$57.027b
Perp Volume 30d$255.468b
Perp Volume 7d$97.172b
Perp Volume 24h$14.45b
Cumulative Perp Volume$2.031t
Market Cap$15.19b
$HYPE Price$45.41
All Time High$49.75
All Time Low$3.81
Fully Diluted Valuation$45.487b
$HYPE Volume 24h$436m
CEX Volume$117.05m
DEX Volume$318.95m(73.15% of total)
Hyperliquid (HYPE)
Total Value Locked$522.14m
TVL by Chain
Hyperliquid L1$522.14m
Key Metrics
Fees (Annualized)$932.88m
Fees 30d$76.47m
Fees 7d$28.64m
Fees 24h$4.31m
Cumulative Fees$507.58m
Revenue (Annualized)$867.58m
Revenue 30d$71.11m
Revenue 7d$26.63m
Revenue 24h$4.01m
Cumulative Revenue$493.8m
Holders Revenue (Annualized)$867.58m
Holders Revenue 30d$71.11m
Holders Revenue 7d$26.63m
Holders Revenue 24h$4.01m
Cumulative Holders Revenue$183.02m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$867.58m
Earnings 30d$71.11m
Earnings 7d$26.63m
Earnings 24h$4.01m
Cumulative Earnings$493.8m
DEX Volume 30d$9.72b
DEX Volume 7d$3.284b
DEX Volume 24h$339.24m
Cumulative DEX Volume$57.027b
Perp Volume 30d$255.468b
Perp Volume 7d$97.172b
Perp Volume 24h$14.45b
Cumulative Perp Volume$2.031t
Market Cap$15.19b
$HYPE Price$45.41
All Time High$49.75
All Time Low$3.81
Fully Diluted Valuation$45.487b
$HYPE Volume 24h$436m
CEX Volume$117.05m
DEX Volume$318.95m(73.15% of total)
Protocol Information
Hyperliquid is a decentralized perpetual exchange with best-in-class speed, liquidity, and price
dYdX acquires Pocket Protector app in push to social trading as volumes fall 95%
July 18, 2025
Read on DL News
James Wynn jumps back into Hyperliquid with mammoth bet after losing $100m on Bitcoin moves
July 16, 2025
Read on DL News
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
DEX Volume: Volume of all spot token swaps that go through the protocol
Perp Volume: Notional volume of all trades in the protocol, includes leverage
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
Development Activity
Updated at May 26, 2025
Weekly commits2
Monthly commits29
Weekly developers2
Monthly developers11
Last commit26/05/25 (2 months ago)
Income Statement for Hyperliquid
| Q3 2025* | Q2 2025 | Q1 2025 | Q4 2024 | |
|---|---|---|---|---|
| Fees | $60.07m | $176.16m | $136.48m | $10.34m |
| Revenue | $55.87m | $166.59m | $136.48m | $10.34m |
| Earnings | $55.87m | $166.59m | $136.48m | $10.34m |
| Token Holder Net Income | $55.87m | $127.15m | $0 | $0 |