Protocol Information
Structured product protocol on Hyperliquid L1. Issues stablecoin (hzUSD) and leverage token (BullHYPE) backed by HYPE reserves
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
HypeZion Finance history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from May 4, 2026 to Oct 27, 2026.
All-time high TVL: $86,477 on Jun 17, 2026. All-time low TVL: $26,900 on May 14, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $56,078 |
| Sep 29, 2026 | $53,892 |
| Sep 30, 2026 | $53,655 |
| Oct 1, 2026 | $56,764 |
| Oct 2, 2026 | $55,142 |
| Oct 3, 2026 | $55,686 |
| Oct 4, 2026 | $55,868 |
| Oct 5, 2026 | $56,689 |
| Oct 6, 2026 | $59,137 |
| Oct 7, 2026 | $57,372 |
| Oct 8, 2026 | $54,848 |
| Oct 9, 2026 | $52,988 |
| Oct 10, 2026 | $52,686 |
| Oct 11, 2026 | $53,642 |
| Oct 12, 2026 | $54,193 |
| Oct 13, 2026 | $51,706 |
| Oct 14, 2026 | $51,452 |
| Oct 15, 2026 | $49,086 |
| Oct 16, 2026 | $51,094 |
| Oct 17, 2026 | $50,190 |
| Oct 18, 2026 | $49,437 |
| Oct 19, 2026 | $49,397 |
| Oct 20, 2026 | $49,621 |
| Oct 21, 2026 | $50,779 |
| Oct 22, 2026 | $49,279 |
| Oct 23, 2026 | $48,507 |
| Oct 24, 2026 | $48,124 |
| Oct 25, 2026 | $47,935 |
| Oct 26, 2026 | $47,562 |
| Oct 27, 2026 | $48,939 |
TVL at each month end, May 2026 to Oct 2026
| Date | TVL |
|---|---|
| May 31, 2026 | $52,204 |
| Jun 30, 2026 | $65,548 |
| Jul 31, 2026 | $54,555 |
| Aug 31, 2026 | $70,070 |
| Sep 30, 2026 | $53,655 |
| Oct 27, 2026 (latest) | $48,939 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/hypezion-finance
Frequently asked questions
What is HypeZion Finance's TVL?
As of Oct 27, 2026, HypeZion Finance has $49,511 in total value locked. TVL has decreased 14.1% over the past 30 days.
What chains does HypeZion Finance operate on?
HypeZion Finance operates on Hyperliquid L1. Hyperliquid L1 holds the largest share at 100%.
How does HypeZion Finance's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, HypeZion Finance ranks #95 by TVL. The category holds $7.368b across 200 protocols, and HypeZion Finance accounts for <0.1% of that total. Similar protocols include Reservoir Protocol, Felix CDP, Parallel Protocol V3, Delpho, Hyperstable CDP, Keiko Finance, Sky Lending, USDD, Liquity V1, and crvUSD.