Key Metrics
Fees 30d$35,433
Fees 30d by chain
Hyperliquid L1$35,433
Fees 7d$8,909
Hyperliquid L1$8,909
Fees 24h$823
Hyperliquid L1$823
Cumulative Fees$157,824.03
Hyperliquid L1$157,824.03
Revenue 30d$11,815
Revenue 30d by chain
Hyperliquid L1$11,815
Revenue 7d$3,082
Hyperliquid L1$3,082
Revenue 24h$277
Hyperliquid L1$277
Cumulative Revenue$61,342.84
Hyperliquid L1$61,342.84
Perp Volume 30d$138.16m
Perp Volume 30d by chain
Hyperliquid L1$138.16m
Perp Volume 7d$23.49m
Hyperliquid L1$23.49m
Perp Volume 24h$2.33m
Hyperliquid L1$2.33m
Cumulative Perp Volume$346.9m
Hyperliquid L1$346.9m
$15.3m
Protocol Information
Paragon transforms market indices into tradable instruments on Hyperliquid.
Sub Category: Hyperliquid HIP3 Deployer
Methodology
Fees: Trading fees paid by users on Hyperliquid markets deployed by Paragon.View code on GitHubRevenue: Half of the fees goes to the protocol and rest to hyperliquidView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Frequently Asked Questions
What chains does Paragon operate on?
Paragon operates on Hyperliquid L1.
How much has Paragon generated in fees and revenue?
Over the past 30 days, Paragon generated $35,433 in fees. Of that, $11,815 was protocol revenue. Based on the trailing year, the annualized rate is $351,254.7 in fees and $136,525.22 in revenue.
How does Paragon's TVL compare to similar protocols?
Among Interface protocols tracked by DefiLlama, Paragon ranks #105 by TVL. The category holds $1.13m across 186 protocols, and Paragon accounts for 0% of that total. Other leading protocols include Ventuals, LiquidBots, Jupiter Prediction, otomate.trade, DESK CLOB, DFlow Prediction Market, Raydium Perps, PriveX, pvp.trade, and Axiom Perps.
How much perpetual futures volume does Paragon process?
Paragon processed $138.16m in perpetual futures volume over the past 30 days.

