Ask about HyperLend

Logo of HyperLendHyperLend(HPL)

Total Value Locked$487.16m

TVL by Chain

Hyperliquid L1$487.16m

Key Metrics

Fees 30d$828,476.02
Fees 30d by chain

Hyperliquid L1$828,476.02

Fees 7d$173,501.26

Hyperliquid L1$173,501.26

Fees 24h$24,101.63

Hyperliquid L1$24,101.63

Cumulative Fees$12.83m

Hyperliquid L1$12.83m

Revenue 30d$106,007.98
Revenue 30d by chain

Hyperliquid L1$106,007.98

Revenue 7d$21,349.34

Hyperliquid L1$21,349.34

Revenue 24h$3,039.94

Hyperliquid L1$3,039.94

Cumulative Revenue$2.05m

Hyperliquid L1$2.05m

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$276,609.08
Collateral Liquidated 30d by chain

Hyperliquid L1$276,609.08

Collateral Liquidated 7d$64,240.89

Hyperliquid L1$64,240.89

Collateral Liquidated 24h$65.1

Hyperliquid L1$65.1

Cumulative Collateral Liquidated$13.91m

Hyperliquid L1$13.91m

Market Cap$4.38m

$HPL Price$0.011

All Time High$0.024

All Time Low$0.0081

View $HPL token page

$11.14m

$HPL Volume 24h$40,081

CEX Volume$0

DEX Volume$37,553.65(93.69% of total)

Staked$1.23m(28.01% of mcap)

Active Loans$295.86m

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
Products:

Methodology

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

Holders Revenue: View code on GitHub

Collateral Liquidated: USD value of collateral seized during protocol liquidations

Yields

Pools Tracked12

Average Supply APY1.31%

User Activity

Active Addresses (24h)401

Transactions (24h)1,779

Competitors

Frequently Asked Questions

What is HyperLend's TVL?

HyperLend currently has $487.16m in total value locked. TVL has decreased 8.2% 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 $828,476.02 in fees. Of that, $106,007.98 was protocol revenue. Based on the trailing year, the annualized rate is $9.39m in fees and $1.37m in revenue.

What is the HPL token price and valuation?

HPL is currently trading at $0.011. Its circulating market capitalization is $4.41m, ranking it #2,148. Its fully diluted valuation is $11.2m. Supply currently stands at 393.71m circulating, 1b total supply, 1b maximum supply.

How has HPL performed recently?

HPL is up 2.2% over the past 7 days and down 16.6% over the past 30 days. Its all-time high is $0.024, reached on Aug 23, 2026. The token is currently 52.5% below that level.

How does HyperLend's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, HyperLend ranks #13 by TVL. The category holds $53.215b across 516 protocols, and HyperLend accounts for 0.9% 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 $295.86m in active loans.