Hyperliquid L1

Hyperliquid L1, the Hyperliquid blockchain (HYPE), ranks #7 by total value locked among blockchains DefiLlama tracks, with $2.63B in TVL and $6.68B in stablecoin supply. Over the past 7 days, its TVL is up 10.7%.

Top protocols on Hyperliquid L1

Protocol	Category	TVL on Hyperliquid L1
Hyperliquid BridgeHYPE buybacks	Bridge	$6.16B
Hyperliquid Earn	Lending	$1.60B
Kinetiq kHYPE	Liquid Staking	$917.64M
HyperLend Pooled	Lending	$340.39M
stHYPE	Liquid Staking	$201.24M
Hyperliquid HLP	Derivatives	$168.80M
Hyperliquid Spot Orderbook	Dexs	$161.00M
Morpho Blue	Lending	$138.55M

TVL history

Stablecoin supply history

A proxy for capital moving in and out of Hyperliquid L1 via stablecoins.