Uniswap V4 is the latest Uniswap DEX version with hooks and concentrated liquidity, running on 22 chains for self-custody token swaps and liquidity provision.
TVL $1.14B−2.9%Ethereum · Robinhood Chain · Base +19
Ecosystem guide
The Hyperliquid L1 ecosystem
The best dApps on Hyperliquid L1 by sector: DeFi, games, NFTs and more. 159 projects tracked, 159 reviewed in full.
Full Hyperliquid L1 ranking →- dApps
- 159
- Reviewed
- 159
- TVL tracked
- $2.44B
- Native token
- HYPE
Hyperliquid L1 is a layer-1 blockchain designed around onchain trading. It is secured by a validator set running HyperBFT, a proprietary proof-of-stake consensus based on the HotStuff family, which is aimed at fast finality. The design separates two parts: HyperCore, the native engine behind the perpetuals and spot order books, and HyperEVM, a general-purpose EVM environment inside the same chain state where Solidity contracts can run.
The native token is HYPE, which is used for staking and appears across the chain's DeFi. Fees work differently depending on the layer. Trading on the native order books carries exchange-style fees, while contracts on HyperEVM pay gas in HYPE. Exact rates can change, so check the current documentation. At the time of writing, DeFi TVL on the chain is about $2.4 billion, and this site lists 149 dApps.
The ecosystem leans toward trading infrastructure, yield and liquidity. The Hyperliquid Bridge brings USDC in from Arbitrum, while the Hyperliquid Spot Orderbook and the community-owned HLP vault serve the native markets. HyperLend Pooled handles lending, and Kinetiq kHYPE and stHYPE offer liquid staking for HYPE. A large share of the listings are vault and curator platforms such as Veda, Gauntlet, Upshift, Hyperithm and K3 Capital. Cross-chain tools such as LayerZero V2, CCIP and USDT0 also support the chain. Derivatives products carry high risk, and anyone using them should be of legal age in their country (18+, or 21+ where required) and check that the activity is allowed where they live.
Hyperliquid L1 ecosystem in numbers
- Tracked
- 159
- Reviewed
- 159
- Total TVL
- $61.0B
- Avg. score
- 6.3/10
Largest by TVL
- 1
LayerZero V2$16.7B
- 2
Morpho Blue$10.9B
- 3
Hyperliquid Bridge$6.41B
- 4
Gate$5.84B
- 5
Bitget$5.82B
Highest rated
- 1
Uniswap V48.5
- 2
- 3
- 4
Euler V28.0
- 5
Across8.0
Reviewed
Top-rated dApps on Hyperliquid L1
LayerZero V2 is a cross-chain messaging protocol and bridge infrastructure for developers and asset issuers, connecting dozens of blockchains.
TVL $16.7B+8.9%Polygon · Ethereum · ApeChain +76
Morpho Blue is a permissionless lending primitive with about $11.4 billion in TVL on DefiLlama, accessed mainly through curated vaults.
TVL $10.9B+4.0%Ethereum · Base · Robinhood Chain +41
Euler V2 is a modular DeFi lending protocol for lenders, borrowers and market curators, with about $268M TVL across 16 chains.
TVL $264M−1.8%Monad · Ethereum · Base +13
Across is an intent-based cross-chain bridge and swap protocol for moving tokens between Ethereum, rollups and other chains, with an API for apps.
TVL $15.3M−8.3%Ethereum · Arbitrum · Optimism +19
Sablier Lockup is an audited onchain protocol for token vesting, payroll, grants and airdrops, aimed at DAOs and businesses across many chains.
TVL $1.76M−8.2%Ethereum · Polygon · Arbitrum +25
By sector
Best Hyperliquid L1 dApps by sector
DeFi on Hyperliquid L1119
- 1
- 2
- 3
- 4
Bitvavo7.9
- 5
Gauntlet7.8
Gambling on Hyperliquid L11
- 1
Ample5.5
AI on Hyperliquid L12
- 1Velvet6.5
- 2
Infinite Trading Protocol6.2
Social on Hyperliquid L11
- 1
fan.fun$34.8K
Infrastructure on Hyperliquid L131
- 1
- 2
- 3
Sablier Lockup8.0
- 4
CCIP7.6
- 5
Veda7.6
Other on Hyperliquid L13
Tokens
Top tokens on Hyperliquid L1
Hyperliquid L1's native coin is Hyperliquid (HYPE). The largest tokens with a contract on Hyperliquid L1, by market cap.
| # | Token | Price | 24h | 7d | Market cap | Volume 24h |
|---|---|---|---|---|---|---|
| 6 |  USDCUSDC | $0.9995 | −0.0% | +0.0% | $70.4B | $18.1B |
| 17 |  ChainlinkLINK | $10.81 | −6.3% | −2.8% | $8.29B | $364M |
| 23 |  Ethena USDeUSDE | $0.9987 | −0.1% | +0.0% | $4.52B | $45.9M |
| 111 |  StableSTABLE | $0.0259 | −9.4% | +0.4% | $466M | $8.74M |
| 112 |  Pudgy PenguinsPENGU | $0.006668 | −7.8% | −7.2% | $419M | $110M |
| 125 |  DeriveDRV | $0.3164 | −15.5% | −4.6% | $336M | $18.3M |
| 135 |  PendlePENDLE | $1.67 | −7.0% | −3.3% | $290M | $51.2M |
| 141 |  KiteKITE | $0.1131 | −6.5% | +8.7% | $270M | $7.58M |
| 210 |  KinetiqKNTQ | $0.4307 | −6.7% | −23.2% | $138M | $12.9M |
| 238 |  Theo Short Duration US Treasury FundTHBILL | $1.01 | −0.0% | −0.1% | $117M | $232 |
| 254 |  ApeCoinAPE | $0.1101 | −6.0% | −0.8% | $110M | $12.9M |
| 289 |  SOONSOON | $0.2633 | −1.0% | −14.9% | $89.5M | $11.3M |
| 304 |  Circle Internet Group (Ondo Tokenized Stock)CRCLON | $69.18 | −7.9% | −10.3% | $81.6M | $1.38M |
| 321 |  Felix feUSDFEUSD | $1.01 | +0.6% | +0.4% | $75.5M | $24.0K |
| 333 |  SP500 xStockSPYX | $740.45 | −4.0% | −3.3% | $72.3M | $14.1M |
| 342 |  Matrixdock GoldXAUM | $4,066 | −1.3% | +2.2% | $70.6M | $436K |
| 349 |  Nasdaq xStockQQQX | $659.01 | −4.1% | −6.2% | $67.9M | $5.56M |
| 380 |  PurrPURR | $0.1017 | −13.4% | −17.9% | $60.5M | $2.45M |
| 394 |  iShares Core S&P 500 ETF (Ondo Tokenized ETF)IVVON | $747.50 | −3.8% | −3.8% | $58.2M | $4.68K |
| 433 |  NVIDIA xStockNVDAX | $188.17 | −5.2% | −10.1% | $51.1M | $12.3M |
Guides
Hyperliquid L1 guides
Blockchain
Blockchain Examples and How They WorkLearn how blockchains record and verify transactions, how consensus keeps a shared ledger in sync, and how Bitcoin, Ethereum and other networks put the technology to work. See practical examples, key trade-offs and ways to assess whether a blockchain is a good fit.
Blockchain
Blockchain for Data: Uses, Limits and How It WorksBlockchains can create shared records that are difficult to alter, but they are not a general-purpose replacement for databases or file storage. Learn what belongs on-chain, how blockchains connect to outside data, and when the trade-offs make sense.
Blockchain
Casper Network and CSPR: A Practical Guide for 2026Casper Network is a proof-of-stake blockchain, and CSPR is its native token. This guide explains the network’s purpose, how CSPR is used, and what to check before staking or transacting.
Blockchain
Cosmos Network Guide: Chains, IBC and ATOM in 2026Cosmos is an ecosystem of independent blockchains, not one chain that processes every app and token. Learn how the Cosmos Hub, Cosmos SDK and IBC fit together, what ATOM does, and how to assess transfers, staking and risks in 2026.
Blockchain
How the Bitcoin Lightning Network WorksThe Bitcoin Lightning Network moves payments through channels that sit on top of Bitcoin, so most transfers do not need their own blockchain transaction. Learn how channels, routing, fees and liquidity work, and what to consider before using Lightning.
Blockchain
How to Mine Cryptocurrency on Android in 2026Android phones can run mining software, but their limited processing power, battery drain and heat make profitable mining unlikely. Learn how to assess the risks, try a small proof-of-work experiment safely, and spot apps that only simulate mining or sell cloud contracts.
Hyperliquid L1 FAQs
What is Hyperliquid L1?
Hyperliquid L1 is a layer-1 blockchain built mainly for onchain trading and financial applications. It runs its own validator-secured network and hosts a perpetuals and spot order book alongside a smart contract environment called HyperEVM.
Is Hyperliquid EVM-compatible?
Partly. HyperEVM is a general-purpose EVM environment that sits inside the Hyperliquid L1 state, so Ethereum-style contracts can run there. The chain's core trading engine, HyperCore, is separate and is not an EVM application.
What is the HYPE token used for?
HYPE is the native token of Hyperliquid. It is used for staking to help secure the network, and it appears in DeFi through liquid staking tokens such as Kinetiq's kHYPE and stHYPE. Check the current documentation for any other uses before relying on them.
How do I get funds onto Hyperliquid?
The usual route is the Hyperliquid Bridge, which moves USDC from Arbitrum onto the Hyperliquid L1 for trading. Other cross-chain tools listed here, such as CCIP, also support Hyperliquid. Always verify the official interface and test with a small amount first.
What kinds of dApps can I find on Hyperliquid?
Lending is covered by HyperLend Pooled, and liquid staking by Kinetiq kHYPE and stHYPE. For trading there is the Hyperliquid Spot Orderbook and the HLP vault, and several vault and risk-curator platforms such as Veda, Gauntlet and Upshift also have a presence on the chain.
Are Hyperliquid dApps safe to use?
No chain is risk-free. Smart contract bugs, bridge failures, leverage losses and vault strategy risk all apply, and many Hyperliquid dApps involve leveraged or derivative products. Only use funds you can afford to lose, and read each protocol's documentation and audits. Some of these products may be restricted or unavailable in certain countries, so check the rules where you live.
What is the largest dApp on Hyperliquid L1 by TVL?
LayerZero V2 is the largest dApp on Hyperliquid L1 by total value locked, with $16.7B across all the chains it supports. It is followed by Morpho Blue ($10.9B) and Hyperliquid Bridge ($6.41B). TVL figures come from DefiLlama and change daily.
Which dApp on Hyperliquid L1 has the highest DappsAtlas score?
Uniswap V4 has the highest score at 8.5/10, ahead of LayerZero V2 (8.0) and Morpho Blue (8.0). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.
How many dApps are on Hyperliquid L1?
DappsAtlas tracks 159 dApps on Hyperliquid L1. Of these, 159 have a full review and 134 report value locked, $61.0B in total, counting value on every chain they support.
What are the most common types of dApps on Hyperliquid L1?
DEXes (30), Yield Aggregator (15) and Lending (14) are the largest categories on Hyperliquid L1, by number of projects.
Which dApps on Hyperliquid L1 grew the most this week?
What is the average score for dApps on Hyperliquid L1?
The 136 rated dApps on Hyperliquid L1 average 6.3 out of 10. Of these, 6 score 8 or higher and 10 score below 5.