Key Metrics
Fees 30d$0
Fees 30d by chain
Hyperliquid L1$0
Fees 7d$0
Hyperliquid L1$0
Fees 24h$0
Hyperliquid L1$0
Cumulative Fees$1.9m
Hyperliquid L1$1.9m
Revenue 30d$0
Revenue 30d by chain
Hyperliquid L1$0
Revenue 7d$0
Hyperliquid L1$0
Revenue 24h$0
Hyperliquid L1$0
Cumulative Revenue$739,345
Hyperliquid L1$739,345
Holders Revenue 30d$0
Holders Revenue 30d by chain
Hyperliquid L1$0
Holders Revenue 7d$0
Hyperliquid L1$0
Holders Revenue 24h$0
Hyperliquid L1$0
Cumulative Holders Revenue$0
Hyperliquid L1$0
Perp Volume 30d$0
Perp Volume 30d by chain
Hyperliquid L1$0
Perp Volume 7d$0
Hyperliquid L1$0
Perp Volume 24h$0
Hyperliquid L1$0
Cumulative Perp Volume$4.156b
Hyperliquid L1$4.156b
Open Interest$0
Protocol Information
HyENA leverages Hyperliquid's HIP-3 Builder-Deployed Perpetuals framework. HIP-3 allows HyENA to independently deploy and manage perpetual markets, introduce new pairs faster, and experiment with custom configurations, all while maintaining performance, security, and transparency through Hyperliquid.
Sub Category: Hyperliquid HIP3 Deployer
Methodology
Fees: Trading fees paid by users on Hyperliquid markets deployed by Based and Ethena teams.View code on GitHubRevenue: Half of the fees goes to the protocol and rest to hyperliquidView code on GitHubHolders Revenue: View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
HYENA history
Fees, revenue and holders revenue by UTC calendar month, Dec 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2025 | $284,446 | $142,222 | $0 |
| Jan 2026 | $492,542 | $246,270 | $0 |
| Feb 2026 | $360,054 | $180,024 | $0 |
| Mar 2026 | $334,657 | $132,377 | $0 |
| Apr 2026 | $186,995 | $16,891 | $0 |
| May 2026 | $122,577 | $10,971 | $0 |
| Jun 2026 | $69,583 | $6,259 | $0 |
| Jul 2026 | $22,249 | $2,010 | $0 |
| Aug 2026 | $24,170 | $2,221 | $0 |
| Sep 2026 | $1,075 | $100 | $0 |
| Oct 2026 (to date) | $0 | $0 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/hyena
Frequently asked questions
What chains does HYENA operate on?
HYENA operates on Hyperliquid L1.
How much has HYENA generated in fees and revenue?
Over the past 30 days, HYENA generated $0 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $2.13m in fees and $827,795 in revenue.
How does HYENA's TVL compare to similar protocols?
Among Interface protocols tracked by DefiLlama, HYENA ranks #58 by TVL. The category holds $617,884 across 341 protocols, and HYENA accounts for 0% of that total. Similar protocols include Ventuals, LiquidBots, Jupiter Prediction, otomate.trade, DESK CLOB, DFlow Prediction Market, Raydium Perps, PriveX, pvp.trade Perps, and Axiom Perps.
How much perpetual futures volume does HYENA process?
HYENA processed $0 in perpetual futures volume over the past 30 days.