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  1. Home
  2. Projects
  3. Hyperliquid
  4. Vs
  5. Tether Gold

Hyperliquid vs Tether Gold

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

$6.311B
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.
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$2.861B
Tether Gold (XAUt) is a digital token backed by physical gold stored in Swiss vaults. It combines direct gold exposure with crypto-native features like divisibility, 24/7 trading, and easy redemption.
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Key Metrics Comparison

Hyperliquid
TVL
$6.311B
24h Volume
$45.06M
24h Fees
$744.9K
24h Revenue
$542.2K
30d Fees
$57.63M
30d Revenue
$41.04M
7d TVL Change
-18.05%
Dominance
2.64%
Tether Gold
TVL
$2.861B
24h Volume
N/A
24h Fees
$0
24h Revenue
$0
30d Fees
$0
30d Revenue
$0
7d TVL Change
-2.04%
Dominance
1.20%

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
68.8%
Tether Gold
31.2%

Volume Share

Share of combined 24h volume

Volume Share
Hyperliquid
1.0%
Tether Gold
1.0%

Fees Share

Share of combined 24h fees

Fees Share
Hyperliquid
100.0%
Tether Gold
1.0%

Revenue Share

Share of combined 24h revenue

Revenue Share
Hyperliquid
100.0%
Tether Gold
1.0%

7d TVL Performance

TVL change over last 7 days

7d TVL Performance
Hyperliquid
-18.05%
Tether Gold
-2.04%

Dominance

Market dominance by TVL

Dominance
Hyperliquid
2.6%
Tether Gold
1.2%
TVL Comparison
Hyperliquid
Tether Gold