Hyperliquid vs USDT0
Compare Hyperliquid and USDT0 on TVL, fees, revenue and activity to understand how these projects stack up.
$6.912B
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$3.158B
USDT0 is the wrapped form of Tether issued by the cross‑chain router LayerZero to enable omnichain fungibility between Ethereum, Arbitrum, Optimism and BSC. The 0‑suffix indicates that redemptions are only possible through the canonical bridge rather than via Tether Treasury. The token carries a 0.1 % mint fee that is burned to offset bridge security costs.
View Full PageKey Metrics Comparison
Hyperliquid
TVL$6.912B
24h Volume$149.28M
24h Fees$2.68M
24h Revenue$2.03M
30d Fees$68.22M
30d Revenue$52.11M
7d TVL Change+1.00%
Dominance2.49%
USDT0
TVL$3.158B
24h VolumeN/A
24h FeesN/A
24h RevenueN/A
30d FeesN/A
30d RevenueN/A
7d TVL Change-2.71%
Dominance1.14%
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
68.6%USDT0
31.4%Volume Share
Share of combined 24h volume
Hyperliquid
1.0%USDT0
1.0%Fees Share
Share of combined 24h fees
Hyperliquid
1.0%USDT0
1.0%Revenue Share
Share of combined 24h revenue
Hyperliquid
1.0%USDT0
1.0%7d TVL Performance
TVL change over last 7 days
Hyperliquid
1.00%USDT0
-2.71%Dominance
Market dominance by TVL
Hyperliquid
2.5%USDT0
1.1%TVL Comparison
Hyperliquid
USDT0