Hyperliquid L1 vs MegaETH
Compare Hyperliquid L1 and MegaETH on TVL, fees, revenue and activity to understand how these projects stack up.
$1.038B
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.
View Full Page$12.48M
MegaETH is an Ethereum Layer-2 designed as a real-time blockchain, with documentation highlighting roughly 10 ms block times and real-time transaction processing. It keeps the EVM developer surface while redesigning execution, mini-blocks and settlement around low-latency applications. The network uses chain ID 4326 and has MEGA as its associated CoinGecko token.
View Full PageKey Metrics Comparison
Hyperliquid L1
TVL$1.038B
24h Volume$233.7M
24h Fees$5.45M
24h Revenue$2.54M
30d Fees$167.06M
30d Revenue$75.66M
7d TVL Change-7.54%
Dominance0.37%
MegaETH
TVL$12.48M
24h Volume$971.1K
24h Fees$3.9K
24h Revenue$606
30d Fees$273.3K
30d Revenue$202.9K
7d TVL Change-3.07%
Dominance0.00%
Category Performance
Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.
TVL Share
Share of combined TVL
Hyperliquid L1
98.8%MegaETH
1.2%Volume Share
Share of combined 24h volume
Hyperliquid L1
99.6%MegaETH
1.0%Fees Share
Share of combined 24h fees
Hyperliquid L1
99.9%MegaETH
1.0%Revenue Share
Share of combined 24h revenue
Hyperliquid L1
100.0%MegaETH
1.0%7d TVL Performance
TVL change over last 7 days
Hyperliquid L1
-7.54%MegaETH
-3.07%Dominance
Market dominance by TVL
Hyperliquid L1
0.4%MegaETH
0.0%TVL Comparison
Hyperliquid L1
MegaETH