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  1. Home
  2. Projects
  3. Hyperswap
  4. Vs
  5. Sky Lending

HyperSwap vs Sky Lending

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

$14.5M
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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$5.885B
Sky Lending is the flagship product of StableLab’s Sky ecosystem, enabling over‑collateralised borrowing of sUSDS and real‑world asset stablecoins. Interest accrues per‑second and can be paid in advance, allowing negative interest or fixed‑term loans. An on‑chain risk oracle adjusts LTV caps daily based on market volatility metrics sourced from Chainlink and Pyth.
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Key Metrics Comparison

HyperSwap
TVL
$14.5M
24h Volume
$1.69M
24h Fees
$2.9K
24h Revenue
$495
30d Fees
$232.1K
30d Revenue
$38.3K
7d TVL Change
-22.98%
Dominance
0.01%
Sky Lending
TVL
$5.885B
24h Volume
N/A
24h Fees
$926.8K
24h Revenue
$477K
30d Fees
$29.57M
30d Revenue
$13.44M
7d TVL Change
+3.25%
Dominance
2.46%

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%
Sky Lending
99.8%

Volume Share

Share of combined 24h volume

Volume Share
HyperSwap
1.0%
Sky Lending
1.0%

Fees Share

Share of combined 24h fees

Fees Share
HyperSwap
1.0%
Sky Lending
99.7%

Revenue Share

Share of combined 24h revenue

Revenue Share
HyperSwap
1.0%
Sky Lending
99.9%

7d TVL Performance

TVL change over last 7 days

7d TVL Performance
HyperSwap
-22.98%
Sky Lending
3.25%

Dominance

Market dominance by TVL

Dominance
HyperSwap
0.0%
Sky Lending
2.5%
TVL Comparison
HyperSwap
Sky Lending