Hyperliquid (HYPE)
Total Value Locked$538.25m
TVL by Chain
Hyperliquid L1$538.25m
Key Metrics
Fees (Annualized)$1.061b
Fees 30d$86.97m
Fees 7d$24.06m
Fees 24h$3.42m
Cumulative Fees$531.61m
Revenue (Annualized)$986.78m
Revenue 30d$80.88m
Revenue 7d$22.38m
Revenue 24h$3.18m
Cumulative Revenue$516.16m
Holders Revenue (Annualized)$986.78m
Holders Revenue 30d$80.88m
Holders Revenue 7d$22.38m
Holders Revenue 24h$3.18m
Cumulative Holders Revenue$205.38m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$986.78m
Earnings 30d$80.88m
Earnings 7d$22.38m
Earnings 24h$3.18m
Cumulative Earnings$516.16m
DEX Volume 30d$10.426b
DEX Volume 7d$2.747b
DEX Volume 24h$457.19m
Cumulative DEX Volume$60.431b
Perp Volume 30d$296.373b
Perp Volume 7d$86.201b
Perp Volume 24h$12.263b
Cumulative Perp Volume$2.13t
Market Cap$14.87b
$HYPE Price$44.57
All Time High$49.75
All Time Low$3.81
Fully Diluted Valuation$44.559b
$HYPE Volume 24h$528.26m
CEX Volume$160.88m
DEX Volume$367.89m(69.64% of total)
Hyperliquid (HYPE)
Total Value Locked$538.25m
TVL by Chain
Hyperliquid L1$538.25m
fetching revenue...
Key Metrics
Fees (Annualized)$1.061b
Fees 30d$86.97m
Fees 7d$24.06m
Fees 24h$3.42m
Cumulative Fees$531.61m
Revenue (Annualized)$986.78m
Revenue 30d$80.88m
Revenue 7d$22.38m
Revenue 24h$3.18m
Cumulative Revenue$516.16m
Holders Revenue (Annualized)$986.78m
Holders Revenue 30d$80.88m
Holders Revenue 7d$22.38m
Holders Revenue 24h$3.18m
Cumulative Holders Revenue$205.38m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$986.78m
Earnings 30d$80.88m
Earnings 7d$22.38m
Earnings 24h$3.18m
Cumulative Earnings$516.16m
DEX Volume 30d$10.426b
DEX Volume 7d$2.747b
DEX Volume 24h$457.19m
Cumulative DEX Volume$60.431b
Perp Volume 30d$296.373b
Perp Volume 7d$86.201b
Perp Volume 24h$12.263b
Cumulative Perp Volume$2.13t
Market Cap$14.87b
$HYPE Price$44.57
All Time High$49.75
All Time Low$3.81
Fully Diluted Valuation$44.559b
$HYPE Volume 24h$528.26m
CEX Volume$160.88m
DEX Volume$367.89m(69.64% 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
Income Statement for Hyperliquid
| Q3 2025* | Q2 2025 | Q1 2025 | Q4 2024 | |
|---|---|---|---|---|
| Fees | $87.52m | $172.75m | $136.48m | $10.34m |
| Revenue | $81.39m | $163.42m | $136.48m | $10.34m |
| Earnings | $81.39m | $163.42m | $136.48m | $10.34m |
| Token Holder Net Income | $81.39m | $123.98m | $0 | $0 |