Hop Protocol(HOP)Bridges
~$0.0723
24h:
-8.66%
7d:
-16.97%
30d:
-38.07%
180d:
-9.10%
ATH:
$0.2972
ATL:
$0.0581
Market cap (circulating)
$5.42m
-30.30%
Revenue (30d)
$398.07k
-32.03%
Market cap (fully diluted)
$72.02m
-34.03%
Revenue (annualized)
$4.84m
-13.97%
Total value locked
$91.65m
-12.87%
P/F ratio (fully diluted)
14.76x
-0.5%
Transfer volume (annualized)
$1.22b
-40.96%
P/S ratio (fully diluted)
16.44x
-0.8%
Fees (30d)
$443.57k
-32.50%
Treasury
$46.93m
-33.74%
Fees (annualized)
$5.40m
-17.37%
Active users (daily) (30d average)
2.59k
-30.7%
Core developers (30d average)
3.70
-39.3%
Code commits (30d sum)
161
-27.8%
About
What is Hop Protocol
Hop is a scalable rollup-to-rollup general token bridge. Hop was co-founded by Christopher Whinfrey and launched in 2021.
How does Hop Protocol work
Hop allows users to send tokens from one rollup to another almost immediately without having to wait for the rollup’s challenge period. Liquidity providers deposit funds into Hop AMM pools and receive trading fees from traders (supply-side fees).
Who governs Hop Protocol
Hop team & investors own and govern the protocol. They currently take a cut of the total transfer fees paid by users (revenue). Hop’s investors include 1confirmation, Infinite Capital, etc.
Key metrics
Daily market cap (fully diluted) vs. daily fees in the past 180 days.
Metrics
| Growth rate | 24h | 7d | 30d | 90d | 180d | 365d |
|---|---|---|---|---|---|---|
| Market cap (fully diluted) | -5.2% | -9.7% | -34.0% | -63.8% | -9.1% | |
| Fees | +46.9% | -12.6% | -32.5% | +151.5% | +46.4% |