HyperSwap vs Meteora

HyperSwap V3 is a concentrated-liquidity automated market maker on HyperEVM. Liquidity providers choose price ranges for their capital, allowing active liquidity to support swaps more efficiently than a full-range pool while earning fees from trades. The exchange is integrated with HyperSwap's broader routing, liquidity and terminal products across the Hyperliquid ecosystem.

Meteora is building the most secure, sustainable, and composable yield layer for Solana and DeFi. The protocol powers multiple liquidity models including DAMM, DLMM, Dynamic Bonding Curve, and Dynamic AMM pools. Liquidity providers benefit from dynamic fees, precise liquidity concentration, flexible strategies, and lending yields on stable pairs. Meteora has generated over $1.49 billion in fees, processed more than $259 billion in swap volume, and currently secures $823 million in total value locked. Revenue accrues from swap and trading fees collected across all pool types, with treasury and token holders sharing in protocol earnings.