Hyperliquid (HYPE)
Total Value Locked$534.25m
TVL by Chain
Hyperliquid L1$534.25m
Key Metrics
Fees (Annualized)$1.021b
Fees 30d$83.68m
Fees 7d$26.03m
Fees 24h$2.17m
Cumulative Fees$526.58m
Revenue (Annualized)$949.42m
Revenue 30d$77.82m
Revenue 7d$24.2m
Revenue 24h$2.02m
Cumulative Revenue$511.47m
Holders Revenue (Annualized)$949.42m
Holders Revenue 30d$77.82m
Holders Revenue 7d$24.2m
Holders Revenue 24h$1.9m
Cumulative Holders Revenue$200.58m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$949.42m
Earnings 30d$77.82m
Earnings 7d$24.2m
Earnings 24h$2.02m
Cumulative Earnings$511.47m
DEX Volume 30d$10.003b
DEX Volume 7d$2.775b
DEX Volume 24h$407.7m
Cumulative DEX Volume$59.274b
Perp Volume 30d$284.512b
Perp Volume 7d$92.731b
Perp Volume 24h$6.918b
Cumulative Perp Volume$2.099t
Market Cap$14.733b
$HYPE Price$44.18
All Time High$49.75
All Time Low$3.81
Fully Diluted Valuation$44.148b
$HYPE Volume 24h$211.23m
CEX Volume$57.26m
DEX Volume$154.22m(73.01% of total)
Hyperliquid (HYPE)
Total Value Locked$534.25m
TVL by Chain
Hyperliquid L1$534.25m
fetching dex volume...
Key Metrics
Fees (Annualized)$1.021b
Fees 30d$83.68m
Fees 7d$26.03m
Fees 24h$2.17m
Cumulative Fees$526.58m
Revenue (Annualized)$949.42m
Revenue 30d$77.82m
Revenue 7d$24.2m
Revenue 24h$2.02m
Cumulative Revenue$511.47m
Holders Revenue (Annualized)$949.42m
Holders Revenue 30d$77.82m
Holders Revenue 7d$24.2m
Holders Revenue 24h$1.9m
Cumulative Holders Revenue$200.58m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$949.42m
Earnings 30d$77.82m
Earnings 7d$24.2m
Earnings 24h$2.02m
Cumulative Earnings$511.47m
DEX Volume 30d$10.003b
DEX Volume 7d$2.775b
DEX Volume 24h$407.7m
Cumulative DEX Volume$59.274b
Perp Volume 30d$284.512b
Perp Volume 7d$92.731b
Perp Volume 24h$6.918b
Cumulative Perp Volume$2.099t
Market Cap$14.733b
$HYPE Price$44.18
All Time High$49.75
All Time Low$3.81
Fully Diluted Valuation$44.148b
$HYPE Volume 24h$211.23m
CEX Volume$57.26m
DEX Volume$154.22m(73.01% of total)
Protocol Information
Hyperliquid is a decentralized perpetual exchange with best-in-class speed, liquidity, and price
Hyperliquid competitor attracts $100m in deposits as airdrop hunters pile in
July 25, 2025
Read on DL News
Hyperliquid perpetuals drive $1.8bn in volume to Phantom wallets in just 16 days
July 24, 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 | $78.95m | $176.16m | $136.48m | $10.34m |
| Revenue | $73.42m | $166.59m | $136.48m | $10.34m |
| Earnings | $73.42m | $166.59m | $136.48m | $10.34m |
| Token Holder Net Income | $73.42m | $127.15m | $0 | $0 |