Key Metrics
Fees 30d$73.59m
Fees 30d by chain
Hyperliquid L1$73.59m
Fees 7d$14.3m
Hyperliquid L1$14.3m
Fees 24h$2.66m
Hyperliquid L1$2.66m
Cumulative Fees$1.46b
Hyperliquid L1$1.46b
Revenue 30d$57.55m
Revenue 30d by chain
Hyperliquid L1$57.55m
Revenue 7d$11.1m
Hyperliquid L1$11.1m
Revenue 24h$1.97m
Hyperliquid L1$1.97m
Cumulative Revenue$1.199b
Hyperliquid L1$1.199b
Holders Revenue 30d$57.55m
Holders Revenue 30d by chain
Hyperliquid L1$57.55m
Holders Revenue 7d$11.1m
Hyperliquid L1$11.1m
Holders Revenue 24h$1.97m
Hyperliquid L1$1.97m
Cumulative Holders Revenue$1.199b
Hyperliquid L1$1.199b
Perp Volume 30d$222.9b
Perp Volume 30d by chain
Hyperliquid L1$222.9b
Perp Volume 7d$44.565b
Hyperliquid L1$44.565b
Perp Volume 24h$8.729b
Hyperliquid L1$8.729b
Cumulative Perp Volume$5.275t
Hyperliquid L1$5.275t
Liquidation Volume 30d$2.448b
Liquidation Volume 30d by chain
Hyperliquid L1$2.448b
Liquidation Volume 7d$277.88m
Hyperliquid L1$277.88m
Liquidation Volume 24h$83.56m
Hyperliquid L1$83.56m
Cumulative Liquidation Volume$33.076b
Hyperliquid L1$33.076b
$13.975b
Protocol Information
Hyperliquid is a Layer 1 blockchain best known for perpetual futures and spot trading. Beyond its flagship decentralized exchange (DEX), the ecosystem supports borrowing, lending, RWAs, and a full-fledged EVM.
Methodology
Fees: Include perps trading fees on crypto and HIP-3 deployed markets + builders fees, excluding all spot fees.View code on GitHubRevenue: 99% of fees go to Assistance Fund for buying HYPE tokens, excluding builders fees.View code on GitHubHolders Revenue: 99% of fees go to Assistance Fund for buying HYPE tokens, excluding builders fees.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubLiquidation Volume: Total USD notional of liquidated positions, from the `amountQuote` field of ClearingHouse `Liquidation` events.View code on GitHubCompetitors
Frequently Asked Questions
What chains does Hyperliquid Perps operate on?
Hyperliquid Perps operates on Hyperliquid L1.
How much has Hyperliquid Perps generated in fees and revenue?
Over the past 30 days, Hyperliquid Perps generated $73.59m in fees. Of that, $57.55m was protocol revenue. Based on the trailing year, the annualized rate is $892.21m in fees and $673.49m in revenue.
How does Hyperliquid Perps' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Hyperliquid Perps ranks #359 by TVL. The category holds $2.045b across 424 protocols, and Hyperliquid Perps accounts for 0% of that total. Other leading protocols include Hyperliquid HLP, Derive V2, Bounce.Tech, SIR, Racks, Jupiter Perpetual Exchange, GMX V2 Perps, Extended Perps, Lighter Robinhood Perps, and dYdX V4.
How much perpetual futures volume does Hyperliquid Perps process?
Hyperliquid Perps processed $222.9b in perpetual futures volume over the past 30 days.