Hyperliquid Perps(HYPE)
View exchange statsKey Metrics
Fees 30d$87.84m
Fees 30d by chain
Hyperliquid L1$87.84m
Fees 7d$18.83m
Hyperliquid L1$18.83m
Fees 24h$3.02m
Hyperliquid L1$3.02m
Cumulative Fees$1.558b
Hyperliquid L1$1.558b
Revenue 30d$71.68m
Revenue 30d by chain
Hyperliquid L1$71.68m
Revenue 7d$15.25m
Hyperliquid L1$15.25m
Revenue 24h$2.4m
Hyperliquid L1$2.4m
Cumulative Revenue$1.281b
Hyperliquid L1$1.281b
Holders Revenue 30d$71.68m
Holders Revenue 30d by chain
Hyperliquid L1$71.68m
Holders Revenue 7d$15.25m
Hyperliquid L1$15.25m
Holders Revenue 24h$2.4m
Hyperliquid L1$2.4m
Cumulative Holders Revenue$1.281b
Hyperliquid L1$1.281b
Perp Volume 30d$208.747b
Perp Volume 30d by chain
Hyperliquid L1$208.747b
Perp Volume 7d$46.327b
Hyperliquid L1$46.327b
Perp Volume 24h$7.952b
Hyperliquid L1$7.952b
Cumulative Perp Volume$5.474t
Hyperliquid L1$5.474t
Liquidation Volume 30d$1.586b
Liquidation Volume 30d by chain
Hyperliquid L1$1.586b
Liquidation Volume 7d$501.5m
Hyperliquid L1$501.5m
Liquidation Volume 24h$151.95m
Hyperliquid L1$151.95m
Cumulative Liquidation Volume$34.548b
Hyperliquid L1$34.548b
$7.666b
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 $87.84m in fees. Of that, $71.68m was protocol revenue. Based on the trailing year, the annualized rate is $889.43m in fees and $681.48m in revenue.
How does Hyperliquid Perps' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Hyperliquid Perps ranks #351 by TVL. The category holds $2.002b across 420 protocols, and Hyperliquid Perps accounts for 0% of that total. Other leading protocols include Hyperliquid HLP, Papertrade, Bounce.Tech, Derive V2, SIR, Racks, Jupiter Perpetual Exchange, GMX V2 Perps, Extended Perps, and Lighter Robinhood Perps.
How much perpetual futures volume does Hyperliquid Perps process?
Hyperliquid Perps processed $208.747b in perpetual futures volume over the past 30 days.

