CoinMeta data: Hyperliquid ranked first in the 2026 crypto revenue rankings of CoinGecko. During the period from January 1st to September 15th, Hyperliquid generated approximately $429 million in revenue, leading ahead of Pump.fun's $322 million. Current Defillama data shows that Hyperliquid's total locked-up value ( TVL ) is about $7.04 billion, with $65.33 million in revenue generated over the past 30 days, and it handled approximately $240.17 billion in perpetual contract trading volume. Hyperliquid's annualized revenue is about $696 million.