The post Hyperliquid Ecosystem Sees Explosive TVL Growth as DeFi Momentum Accelerates appeared on BitcoinEthereumNews.com.

Hyperliquid currently stands at the fringes of an expansionary DeFi ecosystem, and some projects are already amassing a huge amount of TVL within Hyperliquid. This makes us a very interesting protocol, not only because we offer this thing called a nearly cross-chain liquidity pool (which should give some users a way to earn yield across different blockchains, while also increasing swap efficiency), but also because we are on a path towards adopting more DeFi features. What is more, we have been experimenting with using LP tokens as collateral and offering some of those LP tokens as prizes in a game that some of our friends at BlockZero are helping us design. Everything else seems to be happening in Hyperliquid. And yet most people have not heard of us. We saw an opportunity here and took it. As the ecosystem keeps receiving investments, a new top 10 list of projects ranked by their 30-day growth in total value locked reveals just how quickly DeFi protocols built atop Hyperliquid are scaling. The list isn’t populated by established DeFi blue chips. From lending and stablecoin yield optimizing to next-gen automated market makers and liquid staking platforms, the Hyperliquid DeFi ecosystem is teeming with experimentation—and investor attention. Valantis, Magpie, and Upshift Lead TVL Growth Rankings The project that has appeared this month as the biggest TVL gainer is Valantis Labs. Its TVL increased a breathtaking 590 percent in the last month. While the details of Valantis’ strategy are not public, its rapid TVL growth suggests that the project is either employing some innovative DeFi primitives that we just don’t know about yet or is offering some highly competitive yield farming incentives. In second place comes Magpie, a name that is well-known in DeFi circles, and which registered a 413 percent leap in its TVL.…

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Filed under: News - @ May 30, 2025 6:24 am