Hyperliquid L1 vs XRPL

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

$1.534B
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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$40.18M
The XRP Ledger (XRPL) is a decentralized Layer 1 blockchain optimized for payments, asset issuance, and tokenized value transfer. Known for its low fees, fast settlement times, and energy-efficient consensus mechanism, XRPL supports financial institutions, payment providers, and developers building global payment and tokenization solutions.
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Key Metrics Comparison

Hyperliquid L1
TVL
$1.534B
24h Volume
$30.63M
24h Fees
$8.3K
24h Revenue
$4.2K
30d Fees
$4.03M
30d Revenue
$1.14M
7d TVL Change
-2.03%
Dominance
0.55%
XRPL
TVL
$40.18M
24h Volume
$4.19M
24h Fees
$133.5K
24h Revenue
$7.8K
30d Fees
$864.5K
30d Revenue
$105.9K
7d TVL Change
-7.79%
Dominance
0.01%

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
97.4%
XRPL
2.6%

Volume Share

Share of combined 24h volume

Volume Share
Hyperliquid L1
88.0%
XRPL
12.0%

Fees Share

Share of combined 24h fees

Fees Share
Hyperliquid L1
5.9%
XRPL
94.1%

Revenue Share

Share of combined 24h revenue

Revenue Share
Hyperliquid L1
35.0%
XRPL
65.0%

7d TVL Performance

TVL change over last 7 days

7d TVL Performance
Hyperliquid L1
-2.03%
XRPL
-7.79%

Dominance

Market dominance by TVL

Dominance
Hyperliquid L1
0.6%
XRPL
0.0%
TVL Comparison
Hyperliquid L1
XRPL