Total Value Locked$10.58m
TVL by Chain
Hyperliquid L1$10.58m
Key Metrics
Fees 30d$151,502
Fees 30d by chain
Hyperliquid L1$151,502
Fees 7d$27,794
Hyperliquid L1$27,794
Fees 24h$4,278
Hyperliquid L1$4,278
Cumulative Fees$15.73m
Hyperliquid L1$15.73m
Revenue 30d$24,539
Revenue 30d by chain
Hyperliquid L1$24,539
Revenue 7d$4,630
Hyperliquid L1$4,630
Revenue 24h$713
Hyperliquid L1$713
Cumulative Revenue$2.44m
Hyperliquid L1$2.44m
Holders Revenue 30d$18,403
Holders Revenue 30d by chain
Hyperliquid L1$18,403
Holders Revenue 7d$3,471
Hyperliquid L1$3,471
Holders Revenue 24h$534
Hyperliquid L1$534
Cumulative Holders Revenue$1.83m
Hyperliquid L1$1.83m
DEX Volume 30d$73.61m
DEX Volume 30d by chain
Hyperliquid L1$73.61m
DEX Volume 7d$10.93m
Hyperliquid L1$10.93m
DEX Volume 24h$1.65m
Hyperliquid L1$1.65m
Cumulative DEX Volume$12.314b
Hyperliquid L1$12.314b
Protocol Information
Explore token swaps, liquidity management and easy token launches
Sub Category: CLMM
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total swap fees paid by traders across all HyperSwap V3 pools.View code on GitHubRevenue: Each pool sets how much of its swap fee the protocol keeps, and HyperSwap switches that on one pool at a time, so the share is read from each pool individually for the day being measured. Pools trade with it switched off until HyperSwap enables it, and those give their entire swap fee to liquidity providers. Every pool that has it enabled currently keeps one sixth. Of whatever the protocol keeps, 25% goes to the treasury and 75% buys back and burns SWAP.View code on GitHubHolders Revenue: The three quarters of the protocol's share of swap fees that is used to buy back and burn SWAP.View code on GitHubDEX Volume: Total value of tokens swapped across all HyperSwap V3 pools.View code on GitHubYields
Pools Tracked67
Average Supply APY0.48%
Competitors
HyperSwap V3 history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 24, 2025 to Oct 28, 2026.
All-time high TVL: $101.77m on Jul 14, 2025. All-time low TVL: $467,574 on Feb 24, 2025.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $11.48m |
| Sep 30, 2026 | $11.45m |
| Oct 1, 2026 | $11.9m |
| Oct 2, 2026 | $11.74m |
| Oct 3, 2026 | $11.71m |
| Oct 4, 2026 | $11.74m |
| Oct 5, 2026 | $11.9m |
| Oct 6, 2026 | $12.21m |
| Oct 7, 2026 | $11.95m |
| Oct 8, 2026 | $11.52m |
| Oct 9, 2026 | $10.98m |
| Oct 10, 2026 | $11.04m |
| Oct 11, 2026 | $11.26m |
| Oct 12, 2026 | $11.44m |
| Oct 13, 2026 | $10.74m |
| Oct 14, 2026 | $10.59m |
| Oct 15, 2026 | $10.55m |
| Oct 16, 2026 | $10.66m |
| Oct 17, 2026 | $10.44m |
| Oct 18, 2026 | $10.2m |
| Oct 19, 2026 | $10.26m |
| Oct 20, 2026 | $10.26m |
| Oct 21, 2026 | $10.48m |
| Oct 22, 2026 | $10.6m |
| Oct 23, 2026 | $10.21m |
| Oct 24, 2026 | $10.11m |
| Oct 25, 2026 | $10.06m |
| Oct 26, 2026 | $10.09m |
| Oct 27, 2026 | $10.16m |
| Oct 28, 2026 | $10.57m |
TVL at each month end, Feb 2025 to Oct 2026
| Date | TVL |
|---|---|
| Feb 28, 2025 | $1.29m |
| Mar 31, 2025 | $8.06m |
| Apr 30, 2025 | $38.78m |
| May 31, 2025 | $57.65m |
| Jun 30, 2025 | $96.3m |
| Jul 31, 2025 | $83.16m |
| Aug 31, 2025 | $54.6m |
| Sep 30, 2025 | $36.22m |
| Oct 31, 2025 | $31.37m |
| Nov 30, 2025 | $23.8m |
| Dec 31, 2025 | $10.57m |
| Jan 31, 2026 | $12.38m |
| Feb 28, 2026 | $9.04m |
| Mar 31, 2026 | $8.93m |
| Apr 30, 2026 | $9.77m |
| May 31, 2026 | $12.47m |
| Jun 30, 2026 | $10.82m |
| Jul 31, 2026 | $8.98m |
| Aug 31, 2026 | $12.2m |
| Sep 30, 2026 | $11.45m |
| Oct 28, 2026 (latest) | $10.57m |
Fees, revenue and holders revenue by UTC calendar month, Mar 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Mar 2025 | $66,528 | $10,643 | $7,984 |
| Apr 2025 | $625,310 | $100,049 | $75,036 |
| May 2025 | $2.09m | $334,395 | $250,796 |
| Jun 2025 | $2.96m | $473,906 | $355,430 |
| Jul 2025 | $2.25m | $360,069 | $270,051 |
| Aug 2025 | $2.14m | $343,004 | $257,253 |
| Sep 2025 | $1.04m | $166,670 | $124,998 |
| Oct 2025 | $944,783 | $151,166 | $113,373 |
| Nov 2025 | $601,606 | $96,257 | $72,193 |
| Dec 2025 | $241,760 | $38,681 | $29,010 |
| Jan 2026 | $235,708 | $37,715 | $28,284 |
| Feb 2026 | $252,896 | $40,462 | $30,349 |
| Mar 2026 | $205,400 | $32,865 | $24,649 |
| Apr 2026 | $99,255 | $15,880 | $11,912 |
| May 2026 | $279,691 | $44,750 | $33,560 |
| Jun 2026 | $495,016 | $79,202 | $59,402 |
| Jul 2026 | $161,253 | $26,412 | $19,806 |
| Aug 2026 | $644,236 | $39,818 | $29,861 |
| Sep 2026 | $260,570 | $30,058 | $22,544 |
| Oct 2026 (to date) | $129,280 | $20,854 | $15,638 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/hyperswap-v3
Frequently asked questions
What is HyperSwap V3's TVL?
As of Oct 28, 2026, HyperSwap V3 has $10.58m in total value locked. TVL has decreased 12.7% over the past 30 days.
What chains does HyperSwap V3 operate on?
HyperSwap V3 operates on Hyperliquid L1. Hyperliquid L1 holds the largest share at 100%.
How much has HyperSwap V3 generated in fees and revenue?
Over the past 30 days, HyperSwap V3 generated $151,502 in fees. Of that, $24,539 was protocol revenue. Based on the trailing year, the annualized rate is $3.75m in fees and $525,761 in revenue.
How does HyperSwap V3's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, HyperSwap V3 ranks #77 by TVL. The category holds $13.567b across 1,923 protocols, and HyperSwap V3 accounts for 0.1% of that total. Similar protocols include Curve DEX, Hyperliquid Spot Orderbook, Project X, nest CL, Metric V1, Balancer V3, Ramses CL V2, HyperSwap V2, Valantis STEX, and WOOFi Swap.
How much trading volume does HyperSwap V3 process?
HyperSwap V3 processed $73.61m in DEX volume over the past 30 days.