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Hyperliquid L1L1

HYPE$91.63−2.2% 24h

Fair price

$53.44

−41.7% from $91.63

Pays $7.96K per $1 of yearly fees · median $4.64K

Undervalued rank

#35of 58

#35 of 58 ranked by market value ÷ yearly fees (90d)

Revenue multiple vs other chains

Key figures

FDV
$87.5B
fully diluted
Market cap
$20.4B
circulating
Yearly fees
$11.0M
$2.71M over 90/90 days
Transfer fee
n/a
not available yet
Avg tx fee
n/a
no tx data for this window
Transactions
n/a
no tx source

// fee history

Daily fees

Latest day
$15.1KSep 25
Daily average
$29.5K365 days
Peak
$538KAug 23
Coverage
365/365dcomplete

Hyperliquid L1 daily fees from Sep 26, 2025 to Sep 25, 2026: latest $15.1K, average $29.5K per day, peak $538K on Aug 23, 2026.

Complete UTC days through Sep 25, 2026. Missing days are left as gaps, never filled with zero. The range only changes the view; the multiple uses the 90d window.

// peers

Chains like Hyperliquid L1

Nearest multipleclosest FDV / fees

Similar fee scaleclosest annualized fees

// how it's measured

Hyperliquid L1’s adapter

Fees
Total HyperEVM gas fees paid by users, split into EIP-1559 base fees and priority fees.
Revenue
All HyperEVM gas fees are burned. Base fees are removed from EVM supply and priority fees are sent to the EVM zero address.
Fees
DefiLlama · hyperliquid-l1as of 2026-09-26 09:36 UTC
Price
CoinGecko · hyperliquidas of 2026-09-26 09:34 UTC
Transactions
no tx source
L2 fees include the L1 data costs they pay. Transaction definitions vary by chain. Screening data, not financial advice.

// next

Put Hyperliquid L1 side by side with another chain

Fair price, value vs fees and fees, side by side.

Full ranking