Ledger
HYPE

Hyperliquid

HYPE · PerpDEX · Hyperliquid · Burned

Perps and spot fees, after builder and unit carve-outs, fund open-market HYPE buys that are burned.

Price

$81.73

CoinGecko

Market cap

$18.18B

24h volume

$672.55M

Circulating

222.45M

Latest session · Oct 13, 2026

Revenue

$2.18M

reported

Allocation

99%

99% of trading fees to the Assistance Fund

Bought / burned

$2.16M

estimated

Tokens

—

Revenue is DefiLlama daily revenue for perps + spot on 13 Oct 2026 UTC. Buyback is 99% of that revenue, not a counted fill.

Cumulative

46.4M · 4.6%

Mid-2026 reporting cited about 46.4 million HYPE retired (about 4.6% of the 1 billion max) and a stated value above $1B. Later writeups still describe tens of millions burned. This app does not re-index the Assistance Fund, so the cumulative figure can lag. A 14 Oct post also cited 1.5 million HYPE burned outside the fund (priority fees, auctions, HyperEVM gas). That is separate and not added here.

4.64% of 1B max supply

Supply

Circulating
222.45M
Total
955.31M
Max
1.00B
As of
2026-10-14

Fee split

Of trading fees after builder / unit carve-outs. Not of raw volume.

  • Assistance Fund99%
  • Remainder1%

How it works

Hyperliquid routes about 99% of perp fees, and 99% of spot fees since 30 Aug 2025, to the Assistance Fund. The fund buys HYPE and retires it. Builder fees on perps and unit-protocol fees on spot are taken out before that split, which is why some dashboards print closer to 97%. A separate AQAv2 stream sends a share of USDC reserve yield into the same fund. This ledger applies 99% to DefiLlama daily revenue for Hyperliquid Perps plus the spot orderbook. That is an estimate of the buy, not a sum of Assistance Fund fills. Daily token amounts, when shown after a live price refresh, use spot price and are labeled estimated.

Trailing 30 days

Revenue $71.60M · Buyback $70.88M

DefiLlama 30-day revenue, perps + spot. Buyback column is 99% of that, estimated.

Daily revenue

Daily buyback

Daily table

DateRevenueBuybackTokensTags
Oct 13, 2026$2.18M$2.16M—reported · estimated
Oct 12, 2026$2.36M$2.33M—reported · estimated
Oct 11, 2026$1.69M$1.68M—reported · estimated
Oct 10, 2026$1.38M$1.37M—reported · estimated
Oct 9, 2026$1.71M$1.69M—reported · estimated
Oct 8, 2026$2.45M$2.43M—reported · estimated
Oct 7, 2026$2.77M$2.74M—reported · estimated
Oct 6, 2026$1.92M$1.90M—reported · estimated
Oct 5, 2026$2.45M$2.43M—reported · estimated
Oct 4, 2026$1.49M$1.48M—reported · estimated
Oct 3, 2026$1.21M$1.19M—reported · estimated
Oct 2, 2026$3.27M$3.24M—reported · estimated
Oct 1, 2026$1.98M$1.96M—reported · estimated
Sep 30, 2026$1.79M$1.78M—reported · estimated

Links

Readings

  • DefiLlama · Oct 14, 2026

    Perps daily revenue on 13 Oct was $2.13M. Spot orderbook added $47.9K. Trailing 30-day revenue was about $69.7M perps plus $1.88M spot.

  • QuantAbundance · Aug 29, 2026

    Perps: 99% of fees to the Assistance Fund, excluding builder fees. Spot: 97% before 30 Aug 2025 and 99% after, excluding unit protocol fees.