Hyperliquid (HYPE)

Total Value Locked$538.5m

TVL by Chain

Hyperliquid L1$538.5m

fetching holders revenue...

Key Metrics

Fees (Annualized)$1.027b

Fees 30d$84.19m

Fees 7d$24.93m

Fees 24h$2.52m

Cumulative Fees$530.72m

Revenue (Annualized)$955.18m

Revenue 30d$78.29m

Revenue 7d$23.18m

Revenue 24h$2.39m

Cumulative Revenue$515.37m

Holders Revenue (Annualized)$955.18m

Holders Revenue 30d$78.29m

Holders Revenue 7d$23.18m

Holders Revenue 24h$2.39m

Cumulative Holders Revenue$204.59m

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$955.18m

Earnings 30d$78.29m

Earnings 7d$23.18m

Earnings 24h$2.39m

Cumulative Earnings$515.37m

DEX Volume 30d$10.096b

DEX Volume 7d$2.717b

DEX Volume 24h$283m

Cumulative DEX Volume$59.791b

Perp Volume 30d$285.985b

Perp Volume 7d$88.799b

Perp Volume 24h$8.734b

Cumulative Perp Volume$2.114t

Protocol Information

Hyperliquid is a decentralized perpetual exchange with best-in-class speed, liquidity, and price

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

Income Statement for Hyperliquid

Q3 2025*Q2 2025Q1 2025Q4 2024
Fees$83.26m$176.16m$136.48m$10.34m
Revenue$77.39m$166.59m$136.48m$10.34m
Earnings$77.39m$166.59m$136.48m$10.34m
Token Holder Net Income$77.44m$127.15m$0$0