Base vs Hyperliquid L1

Compare Base and Hyperliquid L1 on TVL, fees, revenue and activity to understand how these projects stack up.

$6.142B
Base is Coinbase's OP-Stack Layer-2 that offers EVM equivalence and native account abstraction. Sequencer revenue is shared back to the Optimism Collective, and Coinbase NFTs plus USDC flows bootstrap early liquidity. The July 2023 mainnet launch attracted projects like Friend.tech and Aerodrome, pushing Base TVL above $1 billion.
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$1.036B
Hyperliquid is a performance‑tuned Layer‑1 that employs HyperBFT consensus—an optimised HotStuff variant—to finalise blocks in 400 ms. Its on‑chain order book matches > 100k orders per second without gas, made possible by an in‑memory state machine replicated across 32 validators. Launched in April 2024, the chain settles $4‑6 billion daily volume in perpetual futures and supports CosmWasm smart contracts for third‑party dApps.
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Key Metrics Comparison

Base
TVL
$6.142B
24h Volume
$1.526B
24h Fees
$2.21M
24h Revenue
$683.3K
30d Fees
$56.48M
30d Revenue
$19.37M
7d TVL Change
+0.58%
Dominance
2.17%
Hyperliquid L1
TVL
$1.036B
24h Volume
$458.66M
24h Fees
$6.89M
24h Revenue
$3.62M
30d Fees
$167.37M
30d Revenue
$76.02M
7d TVL Change
+0.60%
Dominance
0.37%

Category Performance

Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.

TVL Share

Share of combined TVL

TVL Share
Base
85.6%
Hyperliquid L1
14.4%

Volume Share

Share of combined 24h volume

Volume Share
Base
76.9%
Hyperliquid L1
23.1%

Fees Share

Share of combined 24h fees

Fees Share
Base
24.3%
Hyperliquid L1
75.7%

Revenue Share

Share of combined 24h revenue

Revenue Share
Base
15.9%
Hyperliquid L1
84.1%

7d TVL Performance

TVL change over last 7 days

7d TVL Performance
Base
0.58%
Hyperliquid L1
0.60%

Dominance

Market dominance by TVL

Dominance
Base
2.2%
Hyperliquid L1
0.4%
TVL Comparison
Base
Hyperliquid L1