Best of · Hyperliquid L1 · Updated
The best Lending dApps on Hyperliquid L1 in 2026
We track 14 Lending dApps that run on Hyperliquid L1 and have reviewed 11 of them in full. Our top pick is Euler V2. Each one is scored on security, ease of use, fees and features.
Ranked list
- 1
Euler V2
Lending · Monad, Ethereum, Base +13
Euler V2 is a modular crypto lending platform where you can supply assets, borrow against collateral or launch lending markets. Market terms and risks vary, so check the specific vault and its costs before depositing.
ScoreScore 7.1 out of 10TVL $267M−0.9% - 2
Morpho Blue
Lending · Ethereum, Base, Robinhood Chain +41
Morpho Blue lets you lend and borrow through onchain markets, or deposit into curated vaults. It is non-custodial, but smart-contract, oracle and liquidation risks can put your funds at risk.
ScoreScore 7.0 out of 10TVL $10.9B−0.4% - 3
Arkis
Lending · Hyperliquid L1, Ethereum
Arkis is a prime-brokerage platform for institutional digital-asset traders, not a retail lending app. Its unified margin and credit services may suit firms trading across venues, but fees, licensing and key risk details need checking before you commit capital.
ScoreScore 5.8 out of 10TVL $4.84M+7228% - 4
TermMax
Lending · Ethereum, Berachain, BNB Chain +6
TermMax is a DeFi lending marketplace for fixed-rate, fixed-maturity borrowing and lending, plus leveraged positions and curated vaults. Its main appeal is predictable rates; check the market terms, fees and maturity rules before committing funds.
ScoreScore 5.8 out of 10TVL $686K−1.4% - 5
Impermax V3
Lending · Base, Unichain, Hyperliquid L1 +1
Impermax V3 lets you lend assets or borrow against LP tokens for leveraged yield farming. Its audits and bug bounty are positives, but check contract scope, market terms and liquidation risk before depositing.
ScoreScore 5.8 out of 10TVL $2.23K−1.8% - 6
PrimeFi
Lending · Hyperliquid L1, Base, XDC
PrimeFi is a cross-chain lending protocol on Base, HyperEVM and XDC. You can supply assets and, where cross-chain delivery is enabled, borrow on another network; check market terms and contract risks before depositing.
ScoreScore 5.2 out of 10TVL $1.15K−23.4% - 7
HyperLend Pooled
Lending · Hyperliquid L1
HyperLend Pooled is a pooled lending and borrowing protocol on Hyperliquid. Its market rates and fees need checking before you supply assets or borrow.
ScoreScore 5.0 out of 10TVL $303M−12.6% - 8
Hyperdrive HL Lending
Lending · Hyperliquid L1
Hyperdrive is a Hyperliquid-based lending and yield app for supplying and borrowing assets, staking HYPE and using HLP. Rates, fees and key safeguards need checking before you deposit.
ScoreScore 5.0 out of 10TVL $596K−11.0% - 9
Teller
Lending · Base, Ethereum, Arbitrum +6
Teller combines on-chain, asset-backed borrowing with pre-qualification for loans from third-party lenders. Check the specific loan terms, repayment deadlines and collateral risks before proceeding.
ScoreScore 4.8 out of 10TVL $797K−15.2% - 10
HypurrFi Isolated
Lending · Hyperliquid L1
HypurrFi Isolated is a lending product on Hyperliquid, but its fees and market rules are unclear. A 2026 report of a possible domain hijacking makes checking the service’s status essential before you connect a wallet.
ScoreScore 4.2 out of 10TVL $344K−13.6% - 11
HypurrFi Pooled
Lending · Hyperliquid L1
HypurrFi offers pooled lending and borrowing on Hyperliquid, but reports of a possible domain hijack on April 4, 2026 make using its site or app unsafe until the team confirms the issue is resolved.
ScoreScore 2.5 out of 10TVL $4.54M−14.1% - 12
Timeswap V2
Lending · Hyperliquid L1, Arbitrum, Base +7
Timeswap V2 is an oracleless lending and borrowing protocol, but its app reports no pools for the selected filters and disables lending, borrowing and liquidity transactions. Treat it as unavailable until active markets return.
ScoreNot rated yetTVL $269K−1.9% - 13
HyperLend Isolated
Lending · Hyperliquid L1
HyperLend Isolated is a lending protocol on Hyperliquid, but there is not enough detail to assess its costs, safety or how to use it confidently. Verify market terms before connecting a wallet or supplying funds.
ScoreNot rated yetTVL $163K−10.0% - 14
HyperYield
Lending · Hyperliquid L1
HyperYield is a lending project on Hyperliquid L1. Its team publishes little about how it works, what it costs or how funds are secured, so treat it with care.
ScoreNot rated yetTVL $38.2K−12.1%
Lending dApps on Hyperliquid L1: the numbers
- Tracked
- 14
- Reviewed
- 14
- Total TVL
- $11.5B
- Avg. score
- 5.3/10
There are 14 lending dApps on Hyperliquid L1 in the SkyBitcoins index. Every one of them has a full review. Together they hold $11.5B in total value locked, counting value on every chain they support. Morpho Blue dominates, with 95% of that total. The top five account for 100%, while the median lending dApp holds $596K.
Ranked by TVL, Morpho Blue ($10.9B), HyperLend Pooled ($303M) and Euler V2 ($267M) lead the field. On SkyBitcoins scores, Euler V2 ranks first at 7.1/10, ahead of Morpho Blue (7.0) and Arkis (5.8). The 11 rated lending dApps average 5.3/10, and none scores 8 or above yet.
Many also deploy elsewhere, most often on Base (7), Ethereum (6) and Arbitrum (6). All 13 with a confirmed status are active. Over the last seven days, combined TVL fell 0.8%. HypurrFi Pooled dropped the most (−14.1%).
Largest by TVL
- 1
Morpho Blue$10.9B
- 2
HyperLend Pooled$303M
- 3
Euler V2$267M
- 4
Arkis$4.84M
- 5
HypurrFi Pooled$4.54M
Highest rated
- 1
- 2
- 3
- 4
TermMax5.8
- 5
Impermax V35.8
Method
How we ranked them
Reviewed dApps come first. Each SkyBitcoins review scores security, ease of use, fees and features from 0 to 10 using public facts such as audits, documentation and on-chain data; the overall score orders the list, with total value locked as the tie-breaker. Projects we have not reviewed yet follow, ordered by total value locked. Scores are never sold.
Guides
Related guides
Blockchain
How to Use Base: A Practical Guide for 2026Base is an Ethereum Layer 2 that lets you use compatible wallets and apps with ETH for gas. Learn how to set up a wallet, move funds, estimate costs and avoid common risks.
Frequently asked questions
What is the largest lending dApp on Hyperliquid L1 by TVL?
Morpho Blue is the largest lending dApp on Hyperliquid L1 by total value locked, with $10.9B across all the chains it supports. It is followed by HyperLend Pooled ($303M) and Euler V2 ($267M). TVL figures come from DefiLlama and change daily.
Which lending dApp on Hyperliquid L1 has the highest SkyBitcoins score?
Euler V2 has the highest score at 7.1/10, ahead of Morpho Blue (7.0) and Arkis (5.8). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.
How many lending dApps on Hyperliquid L1 has SkyBitcoins reviewed?
SkyBitcoins tracks 14 lending dApps on Hyperliquid L1. Of these, 14 have a full review and 14 report value locked, $11.5B in total, counting value on every chain they support.
Which lending dApps on Hyperliquid L1 grew the most this week?
Among lending dApps with at least $1M locked, HypurrFi Pooled the biggest drop (−14.1%). Combined TVL moved −0.8% over the same seven days.
What is the average score for lending dApps on Hyperliquid L1?
The 11 rated lending dApps on Hyperliquid L1 average 5.3 out of 10. Of these, 0 score 8 or higher and 3 score below 5.