Key Metrics
Fees 30d$885,955.26
Fees 30d by chain
Hyperliquid L1$885,955.26
Fees 7d$187,973.46
Hyperliquid L1$187,973.46
Fees 24h$25,470.81
Hyperliquid L1$25,470.81
Cumulative Fees$12.49m
Hyperliquid L1$12.49m
Revenue 30d$110,809.45
Revenue 30d by chain
Hyperliquid L1$110,809.45
Revenue 7d$24,586.02
Hyperliquid L1$24,586.02
Revenue 24h$3,134.18
Hyperliquid L1$3,134.18
Cumulative Revenue$2.01m
Hyperliquid L1$2.01m
Holders Revenue 30d$0
Holders Revenue 30d by chain
Hyperliquid L1$0
Holders Revenue 7d$0
Hyperliquid L1$0
Holders Revenue 24h$0
Hyperliquid L1$0
Cumulative Holders Revenue$0
Hyperliquid L1$0
Collateral Liquidated 30d$213,805.89
Collateral Liquidated 30d by chain
Hyperliquid L1$213,805.89
Collateral Liquidated 7d$4,298.91
Hyperliquid L1$4,298.91
Collateral Liquidated 24h$0.74
Hyperliquid L1$0.74
Cumulative Collateral Liquidated$13.85m
Hyperliquid L1$13.85m
Market Cap$5.88m
$HPL Price$0.015
$14.93m
$HPL Volume 24h$36,771
CEX Volume$0
DEX Volume$38,314.27(104.2% of total)
Staked$1.62m(27.63% of mcap)
Active Loans$307.13m
Total Raised$1.7m
Jan 19, 2026$1.7mRound: Investors: RockawayX, No Limit Holdings, Duplicate Capital, Vistula Capital, Dewhales Capital, Nucleus
Protocol Information
HyperLend is a high-performance lending protocol on Hyperliquid EVM, built for capital efficiency. It offers real-time leverage, dynamic rates, and deep liquidity
- HyperLend PooledLending
- HyperLend IsolatedLending
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Collateral Liquidated: USD value of collateral seized during protocol liquidations
Yields
Pools Tracked12
Average Supply APY1.76%
User Activity
Active Addresses (24h)297
Transactions (24h)1,977
Competitors
Frequently Asked Questions
What is HyperLend's TVL?
HyperLend currently has $568.34m in total value locked. TVL has increased 28.7% over the past 30 days.
What chains does HyperLend operate on?
HyperLend operates on Hyperliquid L1. Hyperliquid L1 holds the largest share at 100%.
How much has HyperLend generated in fees and revenue?
Over the past 30 days, HyperLend generated $885,955.26 in fees. Of that, $110,809.45 was protocol revenue. Based on the trailing year, the annualized rate is $9.93m in fees and $1.5m in revenue.
What is the HPL token price and valuation?
HPL is currently trading at $0.015. Its circulating market capitalization is $5.78m, ranking it #1,876. Its fully diluted valuation is $14.69m. Supply currently stands at 393.71m circulating, 1b total supply, 1b maximum supply.
How has HPL performed recently?
HPL is up 15.4% over the past 7 days and up 34% over the past 30 days. Its all-time high is $0.024, reached on Aug 23, 2026. The token is currently 37.6% below that level.
How does HyperLend's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, HyperLend ranks #12 by TVL. The category holds $50.469b across 515 protocols, and HyperLend accounts for 1.1% of that total. Other leading protocols include Morpho Blue, Euler V2, TermMax, HypurrFi Pooled, Hyperbeat USD, Arkis, Teller, Hyperdrive HL Lending, HypurrFi Isolated, and Sentiment.
How much has been borrowed through HyperLend?
HyperLend currently has $307.13m in active loans.

