Hyperliquid L1 TVL — total value locked
Total value locked (TVL) in DeFi protocols on Hyperliquid L1 is about $2.44B; it ranks #7 among chains with a 2.8% share. TVL changed −2.4% over 7 days and −7.5% over 30 days. The largest protocol on the chain is Hyperliquid Earn ($1.46B, category: Lending).
- TVL
- $2.44B
- Rank · share
- #7 · 2.8%
- 7 days
- −2.4%
- 30 days
- −7.5%
- 1 year
- +1.6%
- From 1y high
- −12.0%
Hyperliquid L1 TVL chart — last year
Largest DeFi protocols on Hyperliquid L1
| # | Protocol | Category | TVL on Hyperliquid L1 |
|---|---|---|---|
| 1 | Hyperliquid Earn | Lending | $1.46B |
| 2 | HyperLend Pooled | Lending | $309.3M |
| 3 | Hyperliquid HLP | Derivatives | $174.5M |
| 4 | Hyperliquid Spot Orderbook | Dexs | $153.3M |
| 5 | Morpho Blue | Lending | $128.7M |
| 6 | Rysk V12 | Options Vault | $37.7M |
| 7 | Project X | Dexs | $35.1M |
| 8 | Kinetiq Earn | Yield Aggregator | $33.3M |
| 9 | Papertrade | Derivatives | $30.1M |
| 10 | nest CL | Dexs | $29.5M |
Breakdown by category
The small number is the share of listed protocols' total (%). It does not match chain TVL exactly: DefiLlama removes double counting; bridges, staking pools, curator vaults and exchange wallets are excluded here.
Frequently asked questions
What is Hyperliquid L1 TVL?
Total value locked (TVL) in DeFi protocols on Hyperliquid L1 is about $2.44B; it ranks #7 among chains with a 2.8% share. TVL changed −2.4% over 7 days and −7.5% over 30 days. The largest protocol on the chain is Hyperliquid Earn ($1.46B, category: Lending). (2026-10-29 10:03 UTC)
How did Hyperliquid L1 TVL change over the last year?
+1.6% over one year. High $2.77B, low $1.16B; currently −12.0% from the high. TVL is in dollars, so token prices are part of the change.
What are the largest DeFi protocols on Hyperliquid L1?
By TVL: Hyperliquid Earn $1.46B, HyperLend Pooled $309.3M, Hyperliquid HLP $174.5M, Hyperliquid Spot Orderbook $153.3M, Morpho Blue $128.7M.