Hyperliquid TVL hits $6.76B, overtakes Arbitrum by network TVL
- —Hyperliquid total TVL is $6.76 billion, up 8.2% over 30 days
- —Hyperliquid network TVL is $1.39 billion, on par with Arbitrum
- —Hyperliquid climbed from 8th to 7th place among networks in a day
- —Up to 32,770 HYPE is burned daily at a TVL of about $7 billion
Why it matters: Rising TVL and HYPE burns tighten token supply, but reliance on perpetuals makes the ecosystem sensitive to volatility and funding rates.
Source: TronWeekly