Hyperliquid vs Velodrome Finance
Hyperliquid
DexsHyperliquid is a Layer 1 DEX offering fully on-chain perpetual futures and spot trading with an order book.
Velodrome Finance
DexsVelodrome Finance is a decentralized exchange (DEX) built on multiple chains, including Optimism and Celo, with a unique concentrated liquidity model.
| Metric | Hyperliquid | Velodrome Finance |
|---|---|---|
| Volume (24h) | $118.0M π | $5.0M |
| Volume (7d) | $639.6M | $86.1M |
| Volume (30d) | $3.77B | $378.1M |
| TVL | $165.2M π | $22.7M |
| Supported Chains | 1 | 10 π |
| Fees (24h) | $38K π | $4K |
| Fees (7d) | $323K | $47K |
| Fees (30d) | $1.8M | $206K |
| Revenue (24h) | $31K | $4K |
| Revenue (30d) | $1.5M | $206K |
| Market Cap | $14.92B | $26.4M |
| FDV | $64.06B | $54.0M |
| Trading Pairs | 59 π | 25 |
| Supported Coins | 51 | 13 |
| Year Established | 2024 | 2024 |
| Audit Status | Not Audited | π‘οΈ Audited |
| π Hyperliquid leads 4:1 | ||
Hyperliquid β Supported Chains (1)
Velodrome Finance β Supported Chains (10)
π Historical Trends
Left axis = Hyperliquid (purple), Right axis = Velodrome Finance (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.
π Comparison Report
Read the analysis report comparing Hyperliquid and Velodrome Finance.
Volume & Liquidity Β· Fee Structure & Costs Β· Multi-chain & Ecosystem Β· User Recommendations Β· Trends & Innovation Β· Bottom Line
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