Hyperliquid (HYPE)

Total Value Locked$543.16m

TVL by Chain

Hyperliquid L1$543.16m

fetching emissions...

Key Metrics

Fees (Annualized)$1.02b

Fees 30d$83.6m

Fees 7d$25.96m

Fees 24h$1.61m

Cumulative Fees$527.69m

Revenue (Annualized)$948.47m

Revenue 30d$77.74m

Revenue 7d$24.14m

Revenue 24h$1.5m

Cumulative Revenue$512.51m

Holders Revenue (Annualized)$948.47m

Holders Revenue 30d$77.74m

Holders Revenue 7d$24.14m

Holders Revenue 24h$1.5m

Cumulative Holders Revenue$201.73m

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$948.47m

Earnings 30d$77.74m

Earnings 7d$24.14m

Earnings 24h$1.5m

Cumulative Earnings$512.51m

DEX Volume 30d$9.984b

DEX Volume 7d$2.773b

DEX Volume 24h$234.68m

Cumulative DEX Volume$59.508b

Perp Volume 30d$283.964b

Perp Volume 7d$92.426b

Perp Volume 24h$5.874b

Cumulative Perp Volume$2.104t

Market Cap$14.405b

$HYPE Price$43.11

All Time High$49.75

All Time Low$3.81

Fully Diluted Valuation$43.166b

$HYPE Volume 24h$189.36m

CEX Volume$54.34m

DEX Volume$134.12m(70.83% of total)

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

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 2025Q1 2025Q4 2024
Fees$80.19m$176.16m$136.48m$10.34m
Revenue$74.57m$166.59m$136.48m$10.34m
Earnings$74.57m$166.59m$136.48m$10.34m
Token Holder Net Income$74.57m$127.15m$0$0