Hyperliquid vs Meteora

Hyperliquid

Dexs

Order-book DEX on Hyperliquid L1 with fully onchain matching and zero-gas trading UX.

Meteora's DLMM introduces a zero-slippage, bin-based concentrated liquidity AMM on Solana, enhancing LP profitability with dynamic fees and enabling precise liquidity strategies and shapes for deeper market liquidity

Official Website

Metric	Hyperliquid	Meteora
Volume (24h)	$91.3M 🏆	$83.0M
Volume (7d)	$724.5M	N/A
Volume (30d)	$3.94B	N/A
TVL	$171.7M	$287.1M 🏆
Supported Chains	1	1
Fees (24h)	$59K	N/A
Fees (7d)	$348K	N/A
Fees (30d)	$1.9M	N/A
Revenue (24h)	$49K	N/A
Revenue (30d)	$1.5M	N/A
Market Cap	$8.53B	N/A
FDV	$35.35B	N/A
Trading Pairs	15	N/A
Supported Coins	51	N/A
Year Established	2024	N/A
Audit Status	Not Audited	Not Audited
🤝 Evenly matched

Hyperliquid — Supported Chains (1)

Hyperliquid L1

Meteora — Supported Chains (1)

Solana

📈 Historical Trends

Left axis = Hyperliquid (purple), Right axis = Meteora (green) — independent scales

TVL (Total Value Locked)

Total USD value of assets deposited, representing user trust and liquidity depth.

Daily Trading Volume

Total trading volume over 24 hours, indicating platform activity and market-maker opportunities.

Daily Fees

Total trading fees paid by users, representing the gross value created for Liquidity Providers (LPs).

Daily Revenue

The portion of fees distributed to token holders or the protocol treasury, showing actual protocol profitability.