Total Value Locked$793,157
TVL by Chain
Hyperliquid L1$793,157
The chart plots Active Loans as its own series; it is not part of the TVL above.
Key Metrics
Active Loans$292,798
Protocol Information
Hyperdrive HL is a high-performance lending protocol on Hyperliquid EVM, built for capital efficiency. It offers real-time leverage, dynamic rates, and deep liquidity
- Hyperdrive HL LendingLending
- Hyperdrive HL EarnYield
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Hacks
Date: Sep 27, 2025
Protocol: Hyperdrive HL Lending
Amount: $782,000
Classification: Access Control
Technique: Arbitrary External Call
On September 27, 2025 Hyperdrive (lending protocol on Hyperliquid L1) lost approximately $782,000 to an exploit where attackers exploited an arbitrary router call vulnerability, making repeated withdrawals from the Primary USDT0 Market and Treasury USDT Market and extracting ~673,000 USDT0 and 110,244 thBILL, with stolen funds bridged to Ethereum ($494k) and BNB Chain ($279k).
Chains: Hyperliquid L1
Language: Solidity
Target Type: DeFi Protocol
Hyperdrive HL history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from May 1, 2025 to Oct 31, 2026.
All-time high TVL: $35.59m on Jul 3, 2025. All-time low TVL: $4,039 on May 2, 2025.
Daily TVL, Oct 2, 2026 to Oct 31, 2026
| Date | TVL |
|---|---|
| Oct 2, 2026 | $831,963 |
| Oct 3, 2026 | $837,170 |
| Oct 4, 2026 | $845,309 |
| Oct 5, 2026 | $855,236 |
| Oct 6, 2026 | $881,834 |
| Oct 7, 2026 | $863,281 |
| Oct 8, 2026 | $832,428 |
| Oct 9, 2026 | $800,439 |
| Oct 10, 2026 | $795,475 |
| Oct 11, 2026 | $805,543 |
| Oct 12, 2026 | $816,110 |
| Oct 13, 2026 | $767,786 |
| Oct 14, 2026 | $782,030 |
| Oct 15, 2026 | $770,227 |
| Oct 16, 2026 | $775,386 |
| Oct 17, 2026 | $759,865 |
| Oct 18, 2026 | $743,289 |
| Oct 19, 2026 | $749,288 |
| Oct 20, 2026 | $747,915 |
| Oct 21, 2026 | $760,164 |
| Oct 22, 2026 | $762,504 |
| Oct 23, 2026 | $736,595 |
| Oct 24, 2026 | $732,191 |
| Oct 25, 2026 | $728,674 |
| Oct 26, 2026 | $722,200 |
| Oct 27, 2026 | $736,758 |
| Oct 28, 2026 | $758,130 |
| Oct 29, 2026 | $749,345 |
| Oct 30, 2026 | $812,402 |
| Oct 31, 2026 | $810,807 |
TVL at each month end, May 2025 to Oct 2026
| Date | TVL |
|---|---|
| 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 | $1.86m |
| Jun 30, 2026 | $1.35m |
| Jul 31, 2026 | $1.07m |
| Aug 31, 2026 | $1.13m |
| Sep 30, 2026 | $938,158 |
| Oct 31, 2026 | $810,807 |
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
Frequently asked questions
What is Hyperdrive HL's TVL?
As of Oct 31, 2026, Hyperdrive HL has $793,157 in total value locked. TVL has decreased 7.6% over the past 30 days.
What chains does Hyperdrive HL operate on?
Hyperdrive HL operates on Hyperliquid L1. Hyperliquid L1 holds the largest share at 100%.
Which protocols are included in Hyperdrive HL?
Hyperdrive HL is a parent protocol whose tracked products include Hyperdrive HL Lending and Hyperdrive HL Earn.
How much has been borrowed through Hyperdrive HL?
As of Oct 31, 2026, Hyperdrive HL has $292,798 in active loans.
Has Hyperdrive HL ever been exploited?
Hyperdrive HL has 1 recorded security incident. The most recent incident occurred on Sep 27, 2025 and involved $782,000. It was classified as Access Control.