Logo of Hyperdrive HL Lending

Hyperdrive HL Lending

Total Value Locked$630,509

TVL by Chain

Hyperliquid L1$630,509

The chart plots Active Loans as its own series; it is not part of the TVL above.

Key Metrics

Active Loans$276,560

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Protocol Information

The premier stablecoin money market on Hyperliquid, and the foundational layer for making everything on HyperCore liquid

Category:Lending

Audits:

Methodology

TVL: Gets the assets deposited across all lending pools.View code on GitHub

Hacks

Date: Sep 27, 2025

Amount: $782,000

Classification: Access Control

Technique: Arbitrary External Call

Chains: Hyperliquid L1

Language: Solidity

Target Type: DeFi Protocol

Competitors

Hyperdrive HL Lending history

TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from May 1, 2025 to Oct 20, 2026.

All-time high TVL: $35.59m on Jul 3, 2025. All-time low TVL: $4,039 on May 2, 2025.

Daily TVL, Sep 21, 2026 to Oct 20, 2026

DateTVL
Sep 21, 2026$862,469
Sep 22, 2026$864,370
Sep 23, 2026$881,818
Sep 24, 2026$856,579
Sep 25, 2026$847,911
Sep 26, 2026$847,660
Sep 27, 2026$847,252
Sep 28, 2026$845,356
Sep 29, 2026$813,270
Sep 30, 2026$808,319
Oct 1, 2026$724,229
Oct 2, 2026$699,805
Oct 3, 2026$704,513
Oct 4, 2026$711,090
Oct 5, 2026$719,972
Oct 6, 2026$742,004
Oct 7, 2026$727,807
Oct 8, 2026$701,309
Oct 9, 2026$671,302
Oct 10, 2026$667,615
Oct 11, 2026$676,347
Oct 12, 2026$685,707
Oct 13, 2026$641,933
Oct 14, 2026$656,613
Oct 15, 2026$646,431
Oct 16, 2026$651,615
Oct 17, 2026$637,050
Oct 18, 2026$621,804
Oct 19, 2026$627,036
Oct 20, 2026$626,181

TVL at each month end, May 2025 to Oct 2026

DateTVL
May 31, 2025$14.42m
Jun 30, 2025$30.13m
Jul 31, 2025$24.54m
Aug 31, 2025$16.41m
Sep 30, 2025$8.8m
Oct 31, 2025$6.7m
Nov 30, 2025$4.49m
Dec 31, 2025$2.93m
Jan 31, 2026$3.69m
Feb 28, 2026$2.85m
Mar 31, 2026$1.46m
Apr 30, 2026$1.36m
May 31, 2026$1.38m
Jun 30, 2026$1.03m
Jul 31, 2026$841,503
Aug 31, 2026$852,817
Sep 30, 2026$808,319
Oct 20, 2026 (latest)$626,181

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/hyperdrive-hl-lending

Frequently asked questions

What is Hyperdrive HL Lending's TVL?

As of Oct 20, 2026, Hyperdrive HL Lending has $630,509 in total value locked. TVL has decreased 26.1% over the past 30 days.

What chains does Hyperdrive HL Lending operate on?

Hyperdrive HL Lending operates on Hyperliquid L1. Hyperliquid L1 holds the largest share at 100%.

How does Hyperdrive HL Lending's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Hyperdrive HL Lending ranks #144 by TVL. The category holds $51.939b across 515 protocols, and Hyperdrive HL Lending accounts for <0.1% of that total. Similar protocols include Morpho Blue, HyperLend Pooled, Euler V2, TermMax, HypurrFi Pooled, Hyperbeat USD, Teller, HypurrFi Isolated, Timeswap V2, and HyperLend Isolated.

How much has been borrowed through Hyperdrive HL Lending?

As of Oct 20, 2026, Hyperdrive HL Lending has $276,560 in active loans.

Has Hyperdrive HL Lending ever been exploited?

Hyperdrive HL Lending has 1 recorded security incident. The most recent incident occurred on Sep 27, 2025 and involved $782,000. It was classified as Access Control.