Hyperliquid's DeFi is Growing! TVL Surpasses $2 Billion

2025-07-16

In July 2025, something exciting happened in the crypto world. Hyperliquid, a newer blockchain platform, reached a big milestone. The total amount of money locked in its system, called Total Value Locked (or TVL), went over $2 billion!

That’s a huge deal. TVL is one of the main ways we measure how strong and trusted a DeFi (Decentralized Finance) platform is. And with this number, Hyperliquid is now one of the top DeFi blockchains in the world, beating older networks like Cardano and Near.

Let’s break down what’s happening and why people are so interested in Hyperliquid.

What Is Hyperliquid?

Hyperliquid's DeFi is Growing! TVL Surpasses $2 Billion

Hyperliquid is a Layer 1 blockchain, which means it has its own base system (kind of like Ethereum or Bitcoin). It was built to make trading crypto assets fast, cheap, and easy, especially for a type of trading called perpetual futures.

What makes Hyperliquid different is its own special system called HyperEVM. This system lets Hyperliquid handle up to 20,000 actions per second. That’s much faster than many other blockchains out there!

Why Is TVL Important?

TVL means the total amount of crypto locked into a blockchain’s smart contracts. It includes money in things like trading apps, lending platforms, and other DeFi tools.

When TVL goes up, it usually means:

More people are using the platform
Investors trust the system
There is more liquidity (which makes trading easier)

So when Hyperliquid passed $2 billion in TVL, it showed the platform is growing fast and gaining trust.

How Fast Is Hyperliquid Growing?

The numbers are impressive. Let’s look at them:

On June 11, Hyperliquid had around $1.7 billion in TVL.
By June 16, it had jumped to over $2.24 billion.
That’s a 7% increase in just 24 hours!
Over the past 3 months, its TVL went up more than 80%.

This shows people are putting more money into Hyperliquid’s system very quickly.

Who’s Behind This Growth?

It’s not just regular users. A big part of the TVL growth is coming from:

Large crypto investors (called whales)
Crypto-native hedge funds (special companies that trade crypto professionally)

These groups usually do a lot of research before investing, so their involvement shows strong belief in Hyperliquid’s future.

The Role of the HYPE Token

Hyperliquid also has its own token, called HYPE. As the TVL went up, the price of HYPE also grew. It recently hit a new all-time high of more than $44. That’s a big jump and shows strong excitement from the community.

HYPE is used on the Hyperliquid platform for many things, including trading and rewards.

Technical Strength of Hyperliquid

Here are some cool tech facts about Hyperliquid:

High Speed: HyperEVM supports up to 20,000 operations per second.
Low Fees: Cheaper than many competitors.
Powerful Trading: Handles over 80% of the on-chain perpetual futures market.
Big Daily Volume: Between $2 billion and $6 billion in daily trades.

Hyperliquid vs Competitors

Let’s compare Hyperliquid to other known blockchains like dYdX and Cardano:

Feature	Hyperliquid	Cardano / dYdX
TVL (July 2025)	$2+ billion	Lower
Speed (ops/sec)	20,000	dYdX: ~1,000
Main Focus	On-chain perpetuals	Lending, staking, etc.
Token	HYPE (>$44)	ADA (Cardano), others
Ecosystem	HyperEVM, DeFi apps	Varies

What’s Next for Hyperliquid?

So far, Hyperliquid’s growth looks strong. But for any DeFi project to succeed long-term, it needs to keep building and improving. Here are some key things to watch:

Can Hyperliquid keep its speed and low fees as it grows?
Will more apps join its ecosystem?
Can the team keep users and developers happy?

If yes, then Hyperliquid could become one of the biggest names in crypto.

Conclusion

Hyperliquid is having an amazing year. In just a few months, it has grown from a rising star to one of the top DeFi blockchains in the world.

With more than $2 billion in TVL, strong investor interest, fast technology, and a booming token (HYPE), it’s clear this platform has real momentum.

Visit Bitrue blog, if you’re exploring the world of crypto and DeFi, Hyperliquid is definitely one to watch in 2025.

FAQ

What is Hyperliquid?

Hyperliquid is a fast Layer 1 blockchain focused on DeFi trading, especially perpetual futures. It uses a unique system called HyperEVM to support high-speed and low-cost transactions.

What is TVL and why is it important?

TVL stands for Total Value Locked. It shows how much money is being used in a blockchain’s apps. A high TVL usually means a platform is trusted and widely used.

What is the HYPE token?

HYPE is Hyperliquid’s native token. It’s used as a platform for trading, rewards, and governance. Its value recently hit a new record of over $44.

How does Hyperliquid compare to Cardano or dYdX?

Hyperliquid has a much higher throughput (20,000 ops/sec), higher TVL, and is focused on on-chain trading. It is now outperforming many older platforms.