Information
TVL
Unlocks
Fees and Revenue
Volume
Derivatives Volume
Hyperliquid (HYPE)
Total Value Locked$4.705b
| Arbitrum | $3.999b |
|---|---|
| Hyperliquid L1 | $705.94m |
| Market Cap | $10.024b |
|---|---|
| $42.06 | |
| Fully Diluted Valuation | $40.463b |
| $409.11m | |
| $363,675 | |
| $769.27m | |
| $681.46m |
Protocol Information
Hyperliquid is a decentralized perpetual exchange with best-in-class speed, liquidity, and price
How Hyperliquid became an Iran war winner. HYPE price surges as exchange notches $500m in oil trades
March 16, 2026
Hyperliquid smashes $1bn oil volume with price near $100 as Iran war intensifies
March 12, 2026
Development Activity
(updated at 26/05/25)
Weekly commits: 2
Monthly commits: 29
Weekly developers: 2
Monthly developers: 11
Last commit: 10 months ago (2025-05-26)
Methodology
Fees: Sum of all fees from Hyperliquid HLP,Hyperliquid Perps,Hyperliquid Spot Orderbook
Revenue: Sum of all revenue from Hyperliquid HLP,Hyperliquid Perps,Hyperliquid Spot Orderbook