Hyperliquid L1 vs Morph
Compare Hyperliquid L1 and Morph on TVL, fees, revenue and activity to understand how these projects stack up.
$2.484B
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$89.21M
Key Metrics Comparison
Hyperliquid L1
TVL$2.484B
24h Volume$287.53M
24h Fees$5.66M
24h Revenue$2.73M
30d Fees$165.49M
30d Revenue$75.81M
7d TVL Change-3.94%
Dominance2.68%
Morph
TVL$89.21M
24h Volume$736.8K
24h Fees$4.3K
24h Revenue$824
30d Fees$77.9K
30d Revenue$14.8K
7d TVL Change+20.97%
Dominance0.10%
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
96.5%Morph
3.5%Volume Share
Share of combined 24h volume
Hyperliquid L1
99.7%Morph
1.0%Fees Share
Share of combined 24h fees
Hyperliquid L1
99.9%Morph
1.0%Revenue Share
Share of combined 24h revenue
Hyperliquid L1
100.0%Morph
1.0%7d TVL Performance
TVL change over last 7 days
Hyperliquid L1
-3.94%Morph
20.97%Dominance
Market dominance by TVL
Hyperliquid L1
2.7%Morph
0.1%TVL Comparison
Hyperliquid L1
Morph