Hyperliquid L1 vs Manta

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

$1.524B
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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$3.48M
Manta Pacific is a modular zk‑EVM Layer‑2 that stores rollup data on Celestia DA and uses universal circuits to keep prover costs low. Users can deploy privacy‑preserving smart contracts with built‑in zero‑knowledge widgets for shielding balances. The 2025 ‘Marlin’ release adds Account Abstraction and native bridges to Polkadot’s parachain ecosystem.
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Key Metrics Comparison

Hyperliquid L1
TVL
$1.524B
24h Volume
$94.33M
24h Fees
$64.8K
24h Revenue
$13.9K
30d Fees
$4.03M
30d Revenue
$1.14M
7d TVL Change
-2.03%
Dominance
0.55%
Manta
TVL
$3.48M
24h Volume
$9.94M
24h Fees
$3.8K
24h Revenue
$1.1K
30d Fees
$41.8K
30d Revenue
$6.2K
7d TVL Change
-6.11%
Dominance
0.00%

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
Hyperliquid L1
99.8%
Manta
1.0%

Volume Share

Share of combined 24h volume

Volume Share
Hyperliquid L1
90.5%
Manta
9.5%

Fees Share

Share of combined 24h fees

Fees Share
Hyperliquid L1
94.5%
Manta
5.5%

Revenue Share

Share of combined 24h revenue

Revenue Share
Hyperliquid L1
92.7%
Manta
7.3%

7d TVL Performance

TVL change over last 7 days

7d TVL Performance
Hyperliquid L1
-2.03%
Manta
-6.11%

Dominance

Market dominance by TVL

Dominance
Hyperliquid L1
0.5%
Manta
0.0%
TVL Comparison
Hyperliquid L1
Manta