Total Value Locked$311,212
TVL by Chain
Hyperliquid L1$310,119
Robinhood Chain$1,093
Key Metrics
Fees 30d$24,235
Fees 30d by chain
Hyperliquid L1$24,235
Robinhood Chain$0
Fees 7d$5,098
Hyperliquid L1$5,098
Robinhood Chain$0
Fees 24h$536
Hyperliquid L1$536
Robinhood Chain$0
Cumulative Fees$1.43m
Hyperliquid L1$1.42m
Robinhood Chain$11,247
Revenue 30d$23,567
Revenue 30d by chain
Hyperliquid L1$23,567
Robinhood Chain$0
Revenue 7d$4,934
Hyperliquid L1$4,934
Robinhood Chain$0
Revenue 24h$524
Hyperliquid L1$524
Robinhood Chain$0
Cumulative Revenue$1.12m
Hyperliquid L1$1.11m
Robinhood Chain$10,709
Holders Revenue 30d$0
Holders Revenue 30d by chain
Hyperliquid L1$0
Robinhood Chain$0
Holders Revenue 7d$0
Hyperliquid L1$0
Robinhood Chain$0
Holders Revenue 24h$0
Hyperliquid L1$0
Robinhood Chain$0
Cumulative Holders Revenue$204,406
Hyperliquid L1$204,406
Robinhood Chain$0
DEX Volume 30d$156.74m
DEX Volume 30d by chain
Hyperliquid L1$156.74m
Robinhood Chain$0
DEX Volume 7d$34.35m
Hyperliquid L1$34.35m
Robinhood Chain$0
DEX Volume 24h$4.02m
Hyperliquid L1$4.02m
Robinhood Chain$0
Cumulative DEX Volume$1.5b
Hyperliquid L1$1.419b
Robinhood Chain$80.57m
DEX Aggregator Volume 30d$5.49m
DEX Aggregator Volume 7d$935,066
DEX Aggregator Volume 24h$73,633
Cumulative DEX Aggregator Volume$1.619b
Market Cap$1.18m
$LIQD Price$0.00098
Fully Diluted Valuation$1.18m
$LIQD Volume 24h$8,201
CEX Volume$0
DEX Volume$8,451(103.04% of total)
Protocol Information
Hyperliquid multi-market DEX aggregator and first native ERC20 fair launch platform on HyperEVM.
- LiquidCoreDexs
- Liquidswap HLDEX Aggregator
- LiquidLaunchLaunchpad
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
DEX Volume: Volume of all spot token swaps on the DEX
DEX Aggregator Volume: Volume of all spot token swaps routed through the DEX aggregator
Liquid Labs history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Dec 8, 2025 to Oct 28, 2026.
All-time high TVL: $975,551 on Sep 1, 2026. All-time low TVL: $69,032 on Mar 6, 2026.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $382,081 |
| Sep 30, 2026 | $379,967 |
| Oct 1, 2026 | $398,758 |
| Oct 2, 2026 | $400,657 |
| Oct 3, 2026 | $411,965 |
| Oct 4, 2026 | $419,123 |
| Oct 5, 2026 | $423,619 |
| Oct 6, 2026 | $431,116 |
| Oct 7, 2026 | $422,880 |
| Oct 8, 2026 | $408,252 |
| Oct 9, 2026 | $395,960 |
| Oct 10, 2026 | $398,868 |
| Oct 11, 2026 | $395,251 |
| Oct 12, 2026 | $400,223 |
| Oct 13, 2026 | $380,863 |
| Oct 14, 2026 | $386,850 |
| Oct 15, 2026 | $377,894 |
| Oct 16, 2026 | $381,760 |
| Oct 17, 2026 | $376,329 |
| Oct 18, 2026 | $356,352 |
| Oct 19, 2026 | $358,343 |
| Oct 20, 2026 | $356,872 |
| Oct 21, 2026 | $361,259 |
| Oct 22, 2026 | $362,091 |
| Oct 23, 2026 | $348,739 |
| Oct 24, 2026 | $321,725 |
| Oct 25, 2026 | $313,683 |
| Oct 26, 2026 | $307,865 |
| Oct 27, 2026 | $309,618 |
| Oct 28, 2026 | $315,205 |
TVL at each month end, Dec 2025 to Oct 2026
| Date | TVL |
|---|---|
| Dec 31, 2025 | $417,033 |
| Jan 31, 2026 | $467,248 |
| Feb 28, 2026 | $90,362 |
| Mar 31, 2026 | $99,098 |
| Apr 30, 2026 | $98,431 |
| May 31, 2026 | $453,357 |
| Jun 30, 2026 | $604,362 |
| Jul 31, 2026 | $557,090 |
| Aug 31, 2026 | $919,349 |
| Sep 30, 2026 | $379,967 |
| Oct 28, 2026 (latest) | $315,205 |
Fees, revenue and holders revenue by UTC calendar month, Feb 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Feb 2025 | $27,175 | $26,765 | $0 |
| Mar 2025 | $8,667 | $8,667 | $0 |
| Apr 2025 | $3,685 | $3,434 | $0 |
| May 2025 | $442,139 | $429,135 | $0 |
| Jun 2025 | $214,625 | $208,607 | $193,264 |
| Jul 2025 | $74,639 | $14,578 | $9,251 |
| Aug 2025 | $53,910 | $5,523 | $0 |
| Sep 2025 | $82,683 | $20,292 | $0 |
| Oct 2025 | $67,446 | $19,379 | $1,891 |
| Nov 2025 | $30,423 | $13,017 | $0 |
| Dec 2025 | $40,703 | $32,572 | $0 |
| Jan 2026 | $34,378 | $31,463 | $0 |
| Feb 2026 | $29,754 | $25,866 | $0 |
| Mar 2026 | $29,572 | $27,989 | $0 |
| Apr 2026 | $17,722 | $12,624 | $0 |
| May 2026 | $43,811 | $37,427 | $0 |
| Jun 2026 | $58,894 | $55,170 | $0 |
| Jul 2026 | $37,541 | $36,279 | $0 |
| Aug 2026 | $82,788 | $64,062 | $0 |
| Sep 2026 | $31,283 | $29,324 | $0 |
| Oct 2026 (to date) | $21,586 | $20,971 | $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/liquid-labs
Frequently asked questions
What is Liquid Labs' TVL?
As of Oct 28, 2026, Liquid Labs has $311,212 in total value locked. TVL has decreased 24.5% over the past 30 days.
What chains does Liquid Labs operate on?
Liquid Labs operates on 2 chains: Hyperliquid L1 and Robinhood Chain. Hyperliquid L1 holds the largest share at 99.6%.
How much has Liquid Labs generated in fees and revenue?
Over the past 30 days, Liquid Labs generated $24,235 in fees. Of that, $23,567 was protocol revenue. Based on the trailing year, the annualized rate is $465,003 in fees and $389,446 in revenue.
What is the LIQD token price and valuation?
LIQD is currently trading at $0.001. Its circulating market capitalization is $1.21m, ranking it #3,437. Its fully diluted valuation is $1.21m. Supply currently stands at 1.199b circulating, 1.199b total supply, 1.2b maximum supply.
How has LIQD performed recently?
LIQD is down 18.7% over the past 7 days and down 43.6% over the past 30 days. Its all-time high is $0.083, reached on Jun 10, 2025. The token is currently 98.8% below that level.
Which protocols are included in Liquid Labs?
Liquid Labs is a parent protocol whose tracked products include LiquidCore, Liquidswap HL, and LiquidLaunch.
How much trading volume does Liquid Labs process?
Liquid Labs processed $156.74m in DEX volume over the past 30 days.

