InformationTVLFees and Revenue

HyperWave

Total Value Locked$11.85m

TVL by Chain

Arbitrum$11.12m

Hyperliquid L1$731,267

Key Metrics

Fees (Annualized)$542,375

Fees 30d$44,457

Fees 7d$23,489

Fees 24h$1,518

Cumulative Fees$45,791

Revenue 7d$0

Revenue 24h$0

Cumulative Revenue$0

Protocol Information

Hyperwave is the first liquid HLP primitive on the market, designed to bridge yield generated in Hypercore directly into the HyperEVM. By tokenizing HLP deposits, Hyperwave is bringing one of the most powerful, community-driven yield-bearing instruments into HyperEVM.

Category:Yield

Audits:

WebsiteTwitter

Methodology

TVL: TVL represents the sum of tokens deposited in the vault + HLP positions + HyperCore Spot positions.View code on GitHubFees: Yield generated from HLP vaultView code on GitHubRevenue: No Revenue for hyperwave protocolView code on GitHub

Competitors

Royco Protocol ($34.31m)Napier ($16.25m)Harmonix Finance ($9.65m)Pendle ($5.696b)Convex Finance ($1.442b)Aura ($426.41m)StakeDAO ($222.08m)Elixir ($164.56m)Equilibria ($142.8m)VaultCraft ($118.47m)

Income Statement for HyperWave

Q3 2025*Q2 2025
Fees$43,967$1,824
Revenue$0$0
Earnings$0$0