Hyperliquid vs Ondo Finance
Compare Hyperliquid and Ondo Finance on TVL, fees, revenue and activity to understand how these projects stack up.
$6.91B
The Hyperliquid Bridge settles deposits and withdrawals between Ethereum and Hyperliquid’s Layer‑2 exchange once two‑thirds of validator stake signs the transaction. A light‑client circuit batches proofs so users receive near‑instant credit on Hyperliquid while final settlement finality matches Ethereum’s L1. Since launch in February 2025, average bridge latency has been under 90 seconds with no recorded reorg incidents.
View Full Page$3.451B
Ondo Finance tokenises U.S. Treasuries (OUSG) and short‑term corporate notes (USDY), letting DeFi users earn off‑chain yield without KYC for small tickets. Redemptions above $100k trigger regulated KYC/AML, and tokens are soul‑bounded during the settlement window to comply with securities exemptions. OUSG is used as backing collateral for Flux’s RWA stablecoin and is integrated in Curve’s stableswap set.
View Full PageKey Metrics Comparison
Hyperliquid
TVL$6.91B
24h Volume$149.28M
24h Fees$2.68M
24h Revenue$2.03M
30d Fees$68.22M
30d Revenue$52.11M
7d TVL Change+0.81%
Dominance2.49%
Ondo Finance
TVL$3.451B
24h VolumeN/A
24h FeesN/A
24h RevenueN/A
30d FeesN/A
30d RevenueN/A
7d TVL ChangeN/A
Dominance1.24%
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
66.7%Ondo Finance
33.3%Volume Share
Share of combined 24h volume
Hyperliquid
1.0%Ondo Finance
1.0%Fees Share
Share of combined 24h fees
Hyperliquid
1.0%Ondo Finance
1.0%Revenue Share
Share of combined 24h revenue
Hyperliquid
1.0%Ondo Finance
1.0%7d TVL Performance
TVL change over last 7 days
Hyperliquid
0.81%Ondo Finance
N/ADominance
Market dominance by TVL
Hyperliquid
2.5%Ondo Finance
1.2%TVL Comparison
Hyperliquid
Ondo Finance