Hyperliquid

Hyperliquid Labs

A chain built for one application, which turned out to be the way to win that application.

Sourced figures

Total value locked$5.9B
Dollar value of assets deposited in the network’s contracts.
Late June 2026 snapshot.
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Market capitalisation$13.4B
Circulating-supply market capitalisation of the native token.
HYPE, roughly 10th by capitalisation at the same reading.
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