Key Metrics
Fees 30d$261,049
Fees 30d by chain
Hyperliquid L1$261,049
Fees 7d$71,447
Hyperliquid L1$71,447
Fees 24h$10,423
Hyperliquid L1$10,423
Cumulative Fees$2.13m
Hyperliquid L1$2.13m
Revenue 30d$261,049
Revenue 30d by chain
Hyperliquid L1$261,049
Revenue 7d$71,447
Hyperliquid L1$71,447
Revenue 24h$10,423
Hyperliquid L1$10,423
Cumulative Revenue$2.13m
Hyperliquid L1$2.13m
Perp Volume 30d$741.03m
Perp Volume 30d by chain
Hyperliquid L1$741.03m
Perp Volume 7d$202.32m
Hyperliquid L1$202.32m
Perp Volume 24h$31.4m
Hyperliquid L1$31.4m
Cumulative Perp Volume$4.99b
Hyperliquid L1$4.99b
Total Raised$25.6m
Nov 3, 2025$7.6mRound: SeedInvestors: Paradigm, General Catalyst, Ashwin Ramachandran, Eric Wu
Apr 28, 2026$18mRound: Series AInvestors: Neo, Left Lane Capital, Haun Ventures, K5 Global, SV Angel, Anti Fund, Sunflower Captial
Protocol Information
Liquid provides a way to trade Bitcoin, ETH, and trending tokens with up to 40x leverage
Sub Category: Hyperliquid Builder
Methodology
Fees: builder code revenue from Hyperliquid Perps Trades.View code on GitHubRevenue: builder code revenue from Hyperliquid Perps Trades.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Liquid Perps history
Fees and revenue by UTC calendar month, Jun 2025 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Jun 2025 | $2,856 | $2,856 |
| Jul 2025 | $34,648 | $34,648 |
| Aug 2025 | $29,226 | $29,226 |
| Sep 2025 | $80,260 | $80,260 |
| Oct 2025 | $155,606 | $155,606 |
| Nov 2025 | $239,186 | $239,186 |
| Dec 2025 | $80,846 | $80,846 |
| Jan 2026 | $179,235 | $179,235 |
| Feb 2026 | $85,869 | $85,869 |
| Mar 2026 | $108,443 | $108,443 |
| Apr 2026 | $125,818 | $125,818 |
| May 2026 | $119,280 | $119,280 |
| Jun 2026 | $157,918 | $157,918 |
| Jul 2026 | $140,894 | $140,894 |
| Aug 2026 | $130,259 | $130,259 |
| Sep 2026 | $220,514 | $220,514 |
| Oct 2026 (to date) | $237,692 | $237,692 |
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-perps
Frequently asked questions
What chains does Liquid Perps operate on?
Liquid Perps operates on Hyperliquid L1.
How much has Liquid Perps generated in fees and revenue?
Over the past 30 days, Liquid Perps generated $261,049 in fees. Of that, $261,049 was protocol revenue. Based on the trailing year, the annualized rate is $1.84m in fees and $1.84m in revenue.
How does Liquid Perps' TVL compare to similar protocols?
Among Interface protocols tracked by DefiLlama, Liquid Perps ranks #16 by TVL. The category holds $609,991 across 352 protocols, and Liquid Perps 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 Liquid Perps process?
Liquid Perps processed $741.03m in perpetual futures volume over the past 30 days.