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  1. Home
  2. Projects
  3. Hyperswap
  4. Vs
  5. Ondo Finance

HyperSwap vs Ondo Finance

Compare HyperSwap and Ondo Finance on TVL, fees, revenue and activity to understand how these projects stack up.

$14.59M
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.
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$3.507B
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.
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Key Metrics Comparison

HyperSwap
TVL
$14.59M
24h Volume
$1.69M
24h Fees
$2.9K
24h Revenue
$494
30d Fees
$232.1K
30d Revenue
$38.3K
7d TVL Change
-21.16%
Dominance
0.01%
Ondo Finance
TVL
$3.507B
24h Volume
N/A
24h Fees
N/A
24h Revenue
N/A
30d Fees
N/A
30d Revenue
N/A
7d TVL Change
N/A
Dominance
1.47%

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
HyperSwap
1.0%
Ondo Finance
99.6%

Volume Share

Share of combined 24h volume

Volume Share
HyperSwap
1.0%
Ondo Finance
1.0%

Fees Share

Share of combined 24h fees

Fees Share
HyperSwap
1.0%
Ondo Finance
1.0%

Revenue Share

Share of combined 24h revenue

Revenue Share
HyperSwap
1.0%
Ondo Finance
1.0%

7d TVL Performance

TVL change over last 7 days

7d TVL Performance
HyperSwap
-21.16%
Ondo Finance
N/A

Dominance

Market dominance by TVL

Dominance
HyperSwap
0.0%
Ondo Finance
1.5%
TVL Comparison
HyperSwap
Ondo Finance