Logo of Hyperdrive HL LendingHyperdrive HL Lending

Total Value Locked$683,689

TVL by Chain

Hyperliquid L1$683,689

Key Metrics

Active Loans$297,756

Protocol Information

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

WebsiteX/Twitter
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

Morpho Blue ($11.142b)HyperLend Pooled ($368.63m)Euler V2 ($305.64m)TermMax ($26.72m)HypurrFi Pooled ($5.25m)Hyperbeat USD ($1.14m)Teller ($971,602)HypurrFi Isolated ($393,702)Timeswap V2 ($332,726)HyperLend Isolated ($237,346)

Frequently Asked Questions

What is Hyperdrive HL Lending's TVL?

Hyperdrive HL Lending currently has $683,689 in total value locked. TVL has decreased 19.5% 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 #146 by TVL. The category holds $53.102b across 520 protocols, and Hyperdrive HL Lending accounts for <0.1% of that total. Other leading 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?

Hyperdrive HL Lending currently has $297,756 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.