Key Metrics
Fees (Annualized)$10.47m
Fees 30d$853,662.61
Hyperliquid L1$853,662.61
Fees 7d$213,026.66
Hyperliquid L1$213,026.66
Fees 24h$29,188.97
Hyperliquid L1$29,188.97
Cumulative Fees$11.47m
Hyperliquid L1$11.47m
Revenue (Annualized)$1.69m
Revenue 30d$102,266.55
Hyperliquid L1$102,266.55
Revenue 7d$24,813.66
Hyperliquid L1$24,813.66
Revenue 24h$3,404.66
Hyperliquid L1$3,404.66
Cumulative Revenue$1.88m
Hyperliquid L1$1.88m
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$40,847.37
Collateral Liquidated 30d by chain
Hyperliquid L1$40,847.37
Collateral Liquidated 7d$40,001.37
Hyperliquid L1$40,001.37
Collateral Liquidated 24h$1.37
Hyperliquid L1$1.37
Cumulative Collateral Liquidated$13.63m
Hyperliquid L1$13.63m
Market Cap$4.69m
$HPL Price$0.012
$11.75m
$HPL Volume 24h$7,672.34
CEX Volume$0
DEX Volume$7,611.11(99.2% of total)
Staked$1.35m(28.7% of mcap)
Active Loans$241.63m
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
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 Tracked14
Average Supply APY5.16%
Competitors
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 $425.37m in total value locked. TVL has decreased 3.5% 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 $853,662.61 in fees. Of that, $102,266.55 was protocol revenue. Based on the trailing year, the annualized rate is $10.47m in fees and $1.69m in revenue.
What is the HPL token price and valuation?
HPL is currently trading at $0.012. Its circulating market capitalization is $4.69m, ranking it #1,944. Its fully diluted valuation is $11.75m. Supply currently stands at 399.02m circulating, 1b total supply, 1b maximum supply.
How has HPL performed recently?
HPL is down 9% over the past 7 days and down 23.1% over the past 30 days. Its all-time high is $0.028, reached on Mar 18, 2026. The token is currently 57.3% 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 $40.284b across 466 protocols, and HyperLend accounts for 1.1% of that total. Other leading protocols include Aave, Morpho, and Spark.
How much has been borrowed through HyperLend?
HyperLend currently has $241.63m in active loans.

