Hyperliquid vs Blackhole V3

πŸ‘‘ Overall Winner
Hyperliquid

Hyperliquid

Dexs

Order-book DEX on Hyperliquid L1 with fully onchain matching and zero-gas trading UX.

Blackhole V3

Blackhole V3

Dexs

Blackhole V3 is an Avalanche C-Chain DEX built around a dual veNFT ve(3,3) incentive model.

Metric Hyperliquid Blackhole V3
Volume (24h) $91.3M πŸ† $32.5M
Volume (7d) $724.5M $229.3M
Volume (30d) $3.94B $1.4B
TVL $171.7M πŸ† $29.4M
Supported Chains 1 1
Fees (24h) $59K πŸ† $17K
Fees (7d) $348K $120K
Fees (30d) $1.9M $742K
Revenue (24h) $49K $17K
Revenue (30d) $1.5M $742K
Market Cap $8.53B $1.7M
FDV $35.35B N/A
Trading Pairs 15 28 πŸ†
Supported Coins 51 29
Year Established 2024 2024
Audit Status Not Audited Not Audited
πŸ† Hyperliquid leads 3:1

Hyperliquid β€” Supported Chains (1)

Hyperliquid L1

Blackhole V3 β€” Supported Chains (1)

Avalanche

πŸ“ˆ Historical Trends

Left axis = Hyperliquid (purple), Right axis = Blackhole V3 (green) β€” independent scales

TVL (Total Value Locked)

Total USD value of assets deposited, representing user trust and liquidity depth.

Daily Trading Volume

Total trading volume over 24 hours, indicating platform activity and market-maker opportunities.

Daily Fees

Total trading fees paid by users, representing the gross value created for Liquidity Providers (LPs).

Daily Revenue

The portion of fees distributed to token holders or the protocol treasury, showing actual protocol profitability.

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