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Hyperliquid Perps
Hyperliquid Perps
HYPEDerivatives
DeFiLlama Derivatives·- TVL·- 1h·- 24h·- 7d·0 chains

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Protocol TVL

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About Hyperliquid Perps

Hyperliquid is a decentralized perpetual exchange with best-in-class speed, liquidity, and price.

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

Hyperliquid Perps codebase lineage and protocol family

Hyperliquid Perps is published as a versioned release inside the Hyperliquid protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.

Hyperliquidparent family

Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.

Security & Audits

No public audits on record
Price oracles
Internal

Oracles supply external price data to on-chain contracts. Oracle compromise is a common attack vector — diversified providers reduce single-point-of-failure risk.

Parent Protocol

Hyperliquid Perps is a versioned release inside a larger protocol family. View the parent for combined TVL and all sibling versions.

Hyperliquid

Hyperliquid Perps Timeline

Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.

  1. Apr 18, 2023
    Listed on DeFiLlama

Protocol Profile

Hyperliquid Perps is a Derivatives protocol where traders open leveraged, perpetual, or option positions priced off oracle feeds and settled in collateral held by the contract.

Official Resources & Links

Verified external resources for Hyperliquid Perps — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Project Website
app.hyperliquid.xyz
Twitter / X — @HyperliquidX
twitter.com

Other Derivatives protocols on Mantapex

Hyperliquid Perps is one of 7 Derivatives protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Jupiter Perpetual Exchange, Hyperliquid HLP, Drift Trade, and 3 more. These peer protocols collectively secure $2.3B in deposits, giving you a frame of reference for whether Hyperliquid Perps's own TVL is at the top, middle, or tail of the category.

Jupiter Perpetual Exchange
Jupiter Perpetual Exchange
TVL $910.6M · 24h -0.27%
Hyperliquid HLP
Hyperliquid HLP
TVL $431.7M · 24h +0.11%
Drift Trade
Drift Trade
TVL $334.4M · 24h +0.22%
GMX V2 Perps
GMX V2 Perps
TVL $267.5M · 24h -0.08%
Extended
Extended
TVL $196.4M · 24h +0.06%
dYdX V4
dYdX V4
TVL $125.3M · 24h +0.58%
Browse all Derivatives protocols on Mantapex

Recent Hyperliquid Perps news

Latest reporting from major crypto news outlets covering Hyperliquid Perps.

Related protocols

Other DeFi protocols connected to Hyperliquid Perps by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.

Risk Warning

DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.

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