Ask about HyperLend
Logo of HyperLendHyperLend(HPL)
Total Value Locked$411.76m

TVL by Chain

Hyperliquid L1$411.76m

Key Metrics

Fees (Annualized)$10.2m
Fees 30d$861,179.32

Hyperliquid L1$861,179.32

Fees 7d$208,592.78

Hyperliquid L1$208,592.78

Fees 24h$28,260

Hyperliquid L1$28,260

Cumulative Fees$11.81m

Hyperliquid L1$11.81m

Revenue (Annualized)$1.6m
Revenue 30d$101,112.2

Hyperliquid L1$101,112.2

Revenue 7d$24,329.03

Hyperliquid L1$24,329.03

Revenue 24h$3,293.95

Hyperliquid L1$3,293.95

Cumulative Revenue$1.92m

Hyperliquid L1$1.92m

Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0

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$59,782.41
Collateral Liquidated 30d by chain

Hyperliquid L1$59,782.41

Collateral Liquidated 7d$65.48

Hyperliquid L1$65.48

Collateral Liquidated 24h$30.49

Hyperliquid L1$30.49

Cumulative Collateral Liquidated$13.64m

Hyperliquid L1$13.64m

Market Cap$3.04m

$HPL Price$0.0091

All Time High$0.02

All Time Low$0.0081

View $HPL token page

$9.09m

$HPL Volume 24h$9,400.37

CEX Volume$0

DEX Volume$10,371(110.33% of total)

Staked$1.08m(35.65% of mcap)

Active Loans$248.57m

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

Category:Lending

WebsiteGitHubTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

HyperLend Pooled - Interest paid by borrowersView code on GitHubHyperLend Isolated - Includes Lenders interest, liquidation fee and 10% interest feeView code on GitHub

Revenue:

HyperLend Pooled - Percentage of interest going to treasuryView code on GitHubHyperLend Isolated - 10% interest fee is considered as revenueView code on GitHub
Holders Revenue: View code on GitHub

Collateral Liquidated: USD value of collateral seized during protocol liquidations

Yields

Pools Tracked14

Average Supply APY4.44%

Competitors

Morpho Blue ($7.964b)Euler V2 ($354.44m)TermMax ($32.11m)HypurrFi Pooled ($5.71m)Arkis ($3.3m)Hyperbeat USD ($1.76m)Teller ($982,756.88)Hyperdrive HL Lending ($738,683.71)HypurrFi Isolated ($551,177.82)Sentiment ($517,964.16)

Frequently Asked Questions

What is HyperLend?

HyperLend is a high-performance lending protocol on Hyperliquid EVM, built for capital efficiency. It offers real-time leverage, dynamic rates, and deep liquidity

What is HyperLend's TVL?

HyperLend currently has $411.76m in total value locked. TVL has decreased 7.8% 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 $861,179.32 in fees. Of that, $101,112.2 was protocol revenue. Based on the trailing year, the annualized rate is $10.2m in fees and $1.6m in revenue.

What is the HPL token price and valuation?

HPL is currently trading at $0.0091. Its circulating market capitalization is $3.05m, ranking it #2,151. Its fully diluted valuation is $9.11m. Supply currently stands at 334.19m circulating, 1b total supply, 1b maximum supply.

How has HPL performed recently?

HPL is down 13.3% over the past 7 days and down 34.3% over the past 30 days. Its all-time high is $0.02, reached on Jun 1, 2026. The token is currently 54.6% 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 $41.044b across 467 protocols, and HyperLend accounts for 1% of that total. Other leading protocols include Aave, Morpho, and Spark.

How much has been borrowed through HyperLend?

HyperLend currently has $248.57m in active loans.