DeFi Protocols on Hyperliquid
DeFi protocol tokens represent the governance and utility layer of decentralized finance — from lending (Aave, MakerDAO) to exchanges (Uniswap, Curve) to derivatives (dYdX, Synthetix). On Hyperliquid, you can trade perpetual futures on these tokens with deep liquidity and low fees. DeFi tokens often move with protocol TVL changes, governance proposals, and yield narrative shifts.
DeFi Protocols on Hyperliquid at a Glance
Market count, 24-hour volume and open interest are sums over the 28 markets listed below, read from the official Hyperliquid API when this page was built, and last reviewed . The table below re-reads the same endpoint in your browser and refreshes while the page is open, so its figures are current rather than build-time.
What the DeFi Protocols Category Covers
The DeFi category on Hyperliquid covers about 28 protocol tokens across lending (Aave, Compound, Morpho), exchanges (Uniswap, Curve, SushiSwap), derivatives (dYdX, GMX, Synthetix), and the newer yield and stablecoin names (Pendle, Ethena, Ondo, Usual). Each trades as a USDC-settled perpetual at the standard 0.045% taker and 0.015% maker base fees, with funding paid hourly. DeFi tokens tend to move on protocol-specific catalysts rather than broad market beta: a governance vote, a TVL migration, or a change to a fee-switch proposal can move one name while the rest of the sector sits still. That makes the category useful for pair trades, going long one lending token against another, or hedging a spot governance position without unwinding it. Liquidity is deepest on the majors like AAVE, UNI, and ENA, where leverage caps run higher than on the long-tail tokens.
Every DeFi Protocols Market on Hyperliquid
| # | Market↓ | Price↓ | 24h Change↓ | 24h Volume↓ | Open Interest↓ | Funding (1h)↓ | Leverage |
|---|---|---|---|---|---|---|---|
| 1 |  ENA →Ethena | $0.21004 | -3.42% | $23.90M | $118.83M | +0.0013% | 10x |
| 2 |  UNI →Uniswap | $7.352 | -1.04% | $17.00M | $73.91M | +0.0013% | 10x |
| 3 |  ONDO →Ondo Finance | $0.46548 | -3.76% | $16.31M | $52.88M | +0.0010% | 10x |
| 4 | CRV →Curve Finance | $0.33571 | -7.88% | $10.15M | $18.14M | +0.0013% | 10x |
| 5 |  AAVE →Aave | $160.42 | -0.43% | $8.31M | $68.20M | +0.0013% | 10x |
| 6 | SYRUPSYRUP | $0.23016 | -10.58% | $4.34M | $8.03M | +0.0013% | 3x |
| 7 |  RSRRSR | $0.002006 | -4.34% | $3.48M | $1.55M | -0.0376% | 3x |
| 8 |  PENDLE →Pendle Finance | $2.1506 | +1.01% | $2.04M | $10.82M | +0.0013% | 5x |
| 9 |  LDOLDO | $0.4234 | +0.46% | $1.74M | $10.28M | +0.0013% | 5x |
| 10 |  PAXGPAXG | $4,159.70 | -0.62% | $1.40M | $22.61M | +0.0009% | 10x |
| 11 |  MORPHOMORPHO | $2.3511 | -1.39% | $966.8K | $6.68M | +0.0013% | 5x |
| 12 | GMX →GMX | $8.65 | +2.67% | $491.5K | $1.26M | +0.0013% | 3x |
| 13 |  DYDX →dYdX | $0.13343 | -2.11% | $384.6K | $2.23M | +0.0013% | 5x |
| 14 |  CAKECAKE | $2.2863 | -1.58% | $371.4K | $2.18M | +0.0013% | 3x |
| 15 |  ENS →Ethereum Name Service | $5.9839 | -1.89% | $286.8K | $2.52M | +0.0013% | 5x |
| 16 |  COMPCOMP | $23.006 | -4.22% | $238.1K | $1.21M | +0.0013% | 5x |
| 17 |  RUNE →THORChain | $0.66268 | -1.03% | $178.7K | $1.34M | +0.0013% | 5x |
| 18 |  REZREZ | $0.003849 | -0.72% | $171.7K | $1.68M | +0.0013% | 3x |
| 19 |  SNX →Synthetix | $0.23807 | -2.25% | $164.4K | $467.5K | +0.0013% | 3x |
| 20 |  SUSHISUSHI | $0.23938 | +0.25% | $162.3K | $338.3K | -0.0028% | 3x |
| 21 |  STBLSTBL | $0.022595 | +0.84% | $154.1K | $1.54M | +0.0013% | 3x |
| 22 | STABLESTABLE | $0.027044 | +2.65% | $128.5K | $910.9K | +0.0013% | 3x |
| 23 |  RESOLVRESOLV | $0.018124 | -1.62% | $113.9K | $1.32M | +0.0013% | 3x |
| 24 |  USUALUSUAL | $0.01121 | -4.27% | $81.3K | $283.8K | +0.0013% | 3x |
| 25 |  UMAUMA | $0.40884 | +0.05% | $57.0K | $170.0K | +0.0013% | 3x |
| 26 |  MKR →Maker (Sky) | $1,831.50 | -0.67% | $0.00 | $0.00 | +0.0000% | 10x |
| 27 |  FXSFXS | $0.65538 | -0.09% | $0.00 | $0.00 | +0.0000% | 5x |
| 28 |  RDNTRDNT | $0.018328 | -0.05% | $0.00 | $0.00 | +0.0000% | 5x |
How we source and review this market data
Data collection. Live prices, funding rates, open interest, and 24h volume are pulled directly from the Hyperliquid API on every page load — native perps from the default venue and HIP-3 markets via the trade.xyz builder feed. Numbers shown are unedited machine values from those feeds — we do not hand-adjust prices or rates.
Editorial review. The trading context on every HIP-3 and native market — catalysts, contract specs, and the “why trade this” analysis — is written and reviewed by Concept211, an active Hyperliquid trader since February 2024 who trades perpetuals daily and builds automated bots on the Hyperliquid API. Each market is checked against the live Hyperliquid interface before publishing.
Last reviewed. . Contract specs and catalysts are re-checked on a rolling basis; live data refreshes automatically. Read the full editorial methodology for how figures are sourced, verified, and corrected.
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Where the figures come from. Prices, 24h volume, open interest and funding rates for every defi protocols market on this page are read from the Hyperliquid API, the same public endpoint the exchange serves its own front end from. The category totals are summed when the page is built; the market table re-reads the API in the browser and refreshes while the page is open, so any figure quoted from it is a point-in-time reading rather than a daily close. Contract specifications and editorial context were last reviewed ; this page has been published since 2026.
Reuse. You may republish these figures with attribution and a link to hyperliquidguide.com/markets/category/defi.
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