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HYPE · the Hyperliquid token

Supply and scarcity, the Assistance Fund buyback flywheel, protocol revenue, burn and staking.

HYPEHYPE——
HYPEOverviewFinancialsValuationCapitalReserve YieldOperations

Statements

What users paid, what was redistributed, what the protocol kept

Income Statement

last 30 daysDefiLlama
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Source: DefiLlama·The deduction is derived, not reported: it aggregates every payout and cannot be split by recipient from this source.

Revenue by Segment

—
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Sources: Hypurrscan · HypeDexer · Hyperliquid

Why the two revenue figures differ

last 30 daysDefiLlama
DefiLlama
—
used by the income statement
Liquid Terminal
—
seven sources, used by the segments
Difference
—

Both are protocol revenue over the same 30 days, counted differently. Ours doubles spot fees to approximate the gross-user figure before the deployer takes their half on HIP-1 pairs, and it counts HIP-3 deploy auctions, priority fees and the USDC reserve yield (AQAv2, paid once a month and booked on the day it lands) as revenue lines of their own. DefiLlama aggregates on its own schedule and methodology. Neither is a correction of the other: the segment view is the more granular, the DefiLlama line is the one other venues are quoted on, which is why the comparison uses it.

Trend

The same split day by day and quarter by quarter · is the margin holding

Fees & Revenue

DefiLlama
Gross fees
$0.00
what users paid
Protocol revenue
$0.00
what was kept
Gross margin
—
over the window
Revenue / day
—
0 completed days
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  • Protocol revenue
  • Paid out
Source: DefiLlama daily series·The running day is excluded: it is partial and would draw as a collapse.

Quarterly Revenue

0 quartersDefiLlama
Revenue
—
no closed quarter
QoQ
—
needs two quarters
YoY
—
needs five quarters
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  • Protocol revenue
  • Paid out
Source: DefiLlama daily series, aggregated to calendar quarters·The hollow bar is the running quarter and is excluded from QoQ and YoY.

Segments over time

Seven revenue sources · whether this is still one book or several

Revenue Mix

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Source: our own seven-source breakdown·Percentages are the share of the whole window, not of the last day.

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