Ask about HyperLend · freeTotal Value Locked$310.13m
TVL by Chain
Hyperliquid L1$310.13m
Key Metrics
Fees 30d$460,471
Fees 30d by chain
Hyperliquid L1$460,471
Fees 7d$117,817
Hyperliquid L1$117,817
Fees 24h$15,737
Hyperliquid L1$15,737
Cumulative Fees$14.13m
Hyperliquid L1$14.13m
Revenue 30d$61,240
Revenue 30d by chain
Hyperliquid L1$61,240
Revenue 7d$15,311
Hyperliquid L1$15,311
Revenue 24h$1,951
Hyperliquid L1$1,951
Cumulative Revenue$2.26m
Hyperliquid L1$2.26m
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$107,948
Collateral Liquidated 30d by chain
Hyperliquid L1$107,948
Collateral Liquidated 7d$16.09
Hyperliquid L1$16.09
Collateral Liquidated 24h$0
Hyperliquid L1$0
Cumulative Collateral Liquidated$14.23m
Hyperliquid L1$14.23m
Market Cap$5.7m
$HPL Price$0.014
Fully Diluted Valuation$13.85m
$HPL Volume 24h$262,958
CEX Volume$0
DEX Volume$256,445(97.52% of total)
Staked$1.66m(29.18% of mcap)
Active Loans$158.5m
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 Tracked11
Average Supply APY2.41%
User Activity
Active Addresses (24h)310
Transactions (24h)1,251
Competitors
HyperLend history
TVL is the default DefiLlama definition, which excludes Active Loans and Staking. Daily values are UTC snapshots from Mar 22, 2025 to Nov 7, 2026.
All-time high TVL: $673.63m on Sep 12, 2025. All-time low TVL: $15,504 on Mar 23, 2025.
Daily TVL, Oct 9, 2026 to Nov 7, 2026
| Date | TVL |
|---|---|
| Oct 9, 2026 | $360.14m |
| Oct 10, 2026 | $353.65m |
| Oct 11, 2026 | $354.11m |
| Oct 12, 2026 | $358.86m |
| Oct 13, 2026 | $327.55m |
| Oct 14, 2026 | $340.3m |
| Oct 15, 2026 | $334.77m |
| Oct 16, 2026 | $335.28m |
| Oct 17, 2026 | $327.35m |
| Oct 18, 2026 | $320.75m |
| Oct 19, 2026 | $323.68m |
| Oct 20, 2026 | $325.22m |
| Oct 21, 2026 | $322.83m |
| Oct 22, 2026 | $324.01m |
| Oct 23, 2026 | $308.07m |
| Oct 24, 2026 | $306.41m |
| Oct 25, 2026 | $305.62m |
| Oct 26, 2026 | $302.09m |
| Oct 27, 2026 | $310.37m |
| Oct 28, 2026 | $320.96m |
| Oct 29, 2026 | $316.86m |
| Oct 30, 2026 | $340.86m |
| Oct 31, 2026 | $350.52m |
| Nov 1, 2026 | $344.72m |
| Nov 2, 2026 | $342.06m |
| Nov 3, 2026 | $326.9m |
| Nov 4, 2026 | $324.53m |
| Nov 5, 2026 | $324.26m |
| Nov 6, 2026 | $297.55m |
| Nov 7, 2026 | $306.68m |
TVL at each month end, Mar 2025 to Nov 2026
| Date | TVL |
|---|---|
| Mar 31, 2025 | $6.76m |
| Apr 30, 2025 | $93.92m |
| May 31, 2025 | $270.87m |
| Jun 30, 2025 | $342.69m |
| Jul 31, 2025 | $428.96m |
| Aug 31, 2025 | $511.76m |
| Sep 30, 2025 | $532.34m |
| Oct 31, 2025 | $549.91m |
| Nov 30, 2025 | $377.63m |
| Dec 31, 2025 | $295.33m |
| Jan 31, 2026 | $340.34m |
| Feb 28, 2026 | $319m |
| Mar 31, 2026 | $337.29m |
| Apr 30, 2026 | $348.18m |
| May 31, 2026 | $524.81m |
| Jun 30, 2026 | $438.47m |
| Jul 31, 2026 | $407.94m |
| Aug 31, 2026 | $535.43m |
| Sep 30, 2026 | $397.79m |
| Oct 31, 2026 | $350.52m |
| Nov 7, 2026 (latest) | $306.68m |
Fees, revenue and holders revenue by UTC calendar month, Mar 2025 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Mar 2025 | $151 | $32 | $0 |
| Apr 2025 | $11,445 | $2,288 | $0 |
| May 2025 | $63,684 | $12,723 | $0 |
| Jun 2025 | $125,665 | $25,131 | $0 |
| Jul 2025 | $733,064 | $142,523 | $0 |
| Aug 2025 | $1.38m | $274,512 | $0 |
| Sep 2025 | $1.72m | $335,843 | $0 |
| Oct 2025 | $1.69m | $256,646 | $0 |
| Nov 2025 | $643,680 | $106,788 | $0 |
| Dec 2025 | $808,750 | $121,178 | $0 |
| Jan 2026 | $462,581 | $71,481 | $0 |
| Feb 2026 | $459,796 | $67,093 | $0 |
| Mar 2026 | $477,878 | $69,214 | $0 |
| Apr 2026 | $542,752 | $82,789 | $0 |
| May 2026 | $688,725 | $100,901 | $0 |
| Jun 2026 | $739,963 | $100,716 | $0 |
| Jul 2026 | $868,846 | $104,868 | $0 |
| Aug 2026 | $911,162 | $111,766 | $0 |
| Sep 2026 | $1.23m | $199,627 | $0 |
| Oct 2026 | $477,168 | $63,925 | $0 |
| Nov 2026 (to date) | $113,282 | $14,547 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/hyperlend
Frequently asked questions
What is HyperLend's TVL?
As of Nov 7, 2026, HyperLend has $310.13m in total value locked. TVL has decreased 19.1% 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 $460,471 in fees. Of that, $61,240 was protocol revenue. Based on the trailing year, the annualized rate is $8.31m in fees and $1.19m in revenue.
What is the HPL token price and valuation?
HPL is currently trading at $0.014. Its circulating market capitalization is $5.7m, ranking it #1,945. Its fully diluted valuation is $13.85m. Supply currently stands at 411.3m circulating, 1b total supply, 1b maximum supply.
How has HPL performed recently?
HPL is up 48.8% over the past 7 days and up 23.3% over the past 30 days. Its all-time high is $0.024, reached on Aug 23, 2026. The token is currently 41.2% below that level.
How does HyperLend's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, HyperLend ranks #14 by TVL. The category holds $50.161b across 518 protocols, and HyperLend accounts for 0.6% of that total. Similar protocols include Morpho Blue, Maple, Hyperliquid Earn, Euler V2, Arkis, HypurrFi Pooled, Hyperbeat USD, Teller, TermMax, and Hyperdrive HL Lending.
How much has been borrowed through HyperLend?
As of Nov 7, 2026, HyperLend has $158.5m in active loans.