cryptonist

DeFi protocols

Hyperliquid HLP

Data as of 3 October 2026 · Official site

Hyperliquid HLP is a protocol DefiLlama files under Derivatives, deployed on 1 chain. On 3 October 2026 it held $182.8M in total value locked, down 3.5% over 30 days, placing it 158th of 225 protocols in this set. DefiLlama recorded $567K in fees over the previous 30 days. TVL is deposits at current prices, not revenue and not users. The note below says what it leaves out.

Total value locked, over time

Total value locked, USD: $158.3M at the start of the series, $182.8M at the end. $0 $250.0M $500.0M $750.0M $1.0B Dec 24May 25Nov 25Apr 26Oct 26
Total value locked, USD. Weekly points for the last two years, monthly before. Source: DefiLlama, retrieved 3 October 2026.

Among protocols

Total value locked by protocol, 225 tracked: top 24, and Hyperliquid HLP at 158. Source: DefiLlama, 3 October 2026.
#ProtocolTotal value locked
1 Lido $26.4B
2 Aave V3 $18.1B
3 SSV Network $14.0B
4 LayerZero V2 $11.7B
5 Morpho Blue $11.3B
6 Binance staked ETH $10.0B
7 WBTC $9.9B
8 Coinbase Bridge $8.4B
9 Hyperliquid Bridge $7.1B
10 EigenCloud $7.0B
11 Sky Lending $5.9B
12 Binance Bitcoin $5.8B
13 SparkLend $5.5B
14 ether.fi Stake $5.2B
15 Ethena USDe $4.9B
16 JustLend V1 $3.9B
17 Arbitrum Bridge $3.7B
18 Babylon Protocol $3.4B
19 USDT0 $3.4B
20 JustLend sTRX $3.3B
21 Base Bridge $3.2B
22 Maple $3.0B
23 Polygon Bridge $2.9B
24 JustCryptos $2.8B
158 Hyperliquid HLP $182.8M

See all 225 protocols

TVL by chain

TVL by chain, Hyperliquid HLP, 3 October 2026. Source: DefiLlama.
ChainUSD
Hyperliquid L1 $182.8M

Fees recorded by DefiLlama

Fees recorded by DefiLlama, Hyperliquid HLP, 3 October 2026. Source: DefiLlama.
WindowUSD
24 hours $28K
30 days $567K
1 year $6.9M

About Hyperliquid HLP

Category: Derivatives. Deployed on 1 chain. Listed by DefiLlama on 2024-12-01.

Hyperliquidity Provider (HLP) is a protocol vault that provides liquidity to Hyperliquid through multiple market making strategies, performs liquidations, supplies USDC in Earn, and accrues a portion of trading fees. HLP democratizes strategies typically reserved for privileged parties on other exchanges. HLP is fully community-owned. (DefiLlama's listing text.)

  • DeFi

    Where crypto yield comes from

    Staking, lending, liquidity provision, airdrops and points each pay for something different. Who pays, for what, and what can go wrong with each of them.

Source: DefiLlama, retrieved 3 October 2026, under its open methodology. Figures are a dated snapshot, not a live feed.