HyperLend

HyperLend (HPL) ranks #4326 by market capitalization, at $4.54M. It has traded since Mar 3, 2026, with $45.21K of volume in the last 24 hours. Its all-time high of $0.0271805 was reached on Mar 18, 2026; the current price is 54.6% below that peak. Its cycle low of $0.00829214 came on Oct 19, 2026.

41.1% of the maximum supply of 1.00B HPL is in circulation. 8 investors are recorded as backers, including RockawayX, No Limit Holdings, Dewhales Capital. Development data lists 2 core developers and 700 code commits.

HyperLend is a decentralized lending protocol on Hyperliquid that also supports leveraged looping and tokenized collateral workflows. HyperLoop builds leveraged supply-borrow loops in one transaction using a flash loan. Users can borrow against Hyperliquid L1 spot assets by bridging collateral to the EVM layer and bridging borrowed stablecoins back to L1. It tokenizes Hyperliquid Provider Vault shares as wHLP, which can be used as collateral in isolated pools.