{"id":21171,"date":"2025-05-19T08:44:45","date_gmt":"2025-05-19T08:44:45","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2025\/05\/19\/hyperliquid-asserts-dominance-set-to-surpass-layer-1-berachain\/"},"modified":"2025-05-19T08:44:45","modified_gmt":"2025-05-19T08:44:45","slug":"hyperliquid-asserts-dominance-set-to-surpass-layer-1-berachain","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2025\/05\/19\/hyperliquid-asserts-dominance-set-to-surpass-layer-1-berachain\/","title":{"rendered":"Hyperliquid Asserts Dominance, Set to Surpass Layer 1 Berachain"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">On May 17, 2025, Hyperliquid L1\u2019s Total Value Locked (TVL) is about to surpass Berachain\u2019s, with on-chain data showing Berachain at $1.184 billion and Hyperliquid at $1.085 billion, reflecting a competitive DeFi landscape marked by organic growth and market fluctuations.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Hyperliquid_Dominates_Perp_DEXes_with_Steady_TVL_Growth\"\/><b>Hyperliquid Dominates Perp DEXes with Steady TVL Growth<\/b><span class=\"ez-toc-section-end\"\/><\/h2>\n<p><a href=\"https:\/\/nftevening.com\/hyperliquid-leader-in-crypto-derivatives-trading\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">Hyperliquid emerges as a leader in crypto derivatives trading<\/span><\/a><span style=\"font-weight: 400;\">, with its TVL reaching $1.085 billion as of May 19, 2025. Hyperliquid\u2019s 24-hour volume at $195.83 million and perps volume at $7.92 billion, significantly outpacing Berachain\u2019s $25.29 million.<\/span><\/p>\n<div id=\"attachment_153220\" style=\"width: 1596px\" class=\"wp-caption alignnone\"><noscript><\/noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-153220\" class=\"lazyload size-full wp-image-153220\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/05\/hyperliquid.png\" alt=\"Hyperliquid Dominates Perp DEXes with Steady TVL Growth\" width=\"1586\" height=\"600\"\/><\/p>\n<p id=\"caption-attachment-153220\" class=\"wp-caption-text\">Source: DefiLlama<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">Hyperliquid\u2019s growth is largely organic, as emphasized by an analyst, who contrasted it with Berachain\u2019s reliance on a \u201cmassive farming campaign\u201d.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">HyperEVM about to flip Berachain for TVL<\/p>\n<p>One had a massive farming campaign<\/p>\n<p>One was completely organically bootstrapped<\/p>\n<p>Hyperliquid.<a href=\"https:\/\/twitter.com\/search?q=%24HYPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">$HYPE<\/a> vs <a href=\"https:\/\/twitter.com\/search?q=%24BERA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">$BERA<\/a> <a href=\"https:\/\/t.co\/qYvY4Cu2ho\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">pic.twitter.com\/qYvY4Cu2ho<\/a><\/p>\n<p>\u2014 800.HL (@degennQuant) <a href=\"https:\/\/twitter.com\/degennQuant\/status\/1923835765596758147?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">May 17, 2025<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">Hyperliquid\u2019s <a href=\"https:\/\/nftevening.com\/recommends\/binance-trade\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"inline-coin\" data-id=\"hyperliquid\" data-wpel-link=\"internal\"><span class=\"inline-coin__symbol\">HYPE<\/span><span class=\"inline-coin__price\"\/><\/a> token, priced at $25.48 with a market cap of $8.57 billion as of May 19, 2025, underscores its market strength, ranking #18 globally.<\/span><\/p>\n<div id=\"attachment_153221\" style=\"width: 1534px\" class=\"wp-caption alignnone\"><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-153221\" class=\"size-full wp-image-153221\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/05\/hype-1.png\" alt=\"Hyperliquid Dominates Perp DEXes with Steady TVL Growth\" width=\"1524\" height=\"839\"\/><\/noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-153221\" class=\"lazyload size-full wp-image-153221\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/05\/hype-1.png\" alt=\"Hyperliquid Dominates Perp DEXes with Steady TVL Growth\" width=\"1524\" height=\"839\"\/><\/p>\n<p id=\"caption-attachment-153221\" class=\"wp-caption-text\">Source: TradingView<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">The platform\u2019s focus on organic activity, evidenced by its rejection of VC funding and community-driven approach, has fueled its rise.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><\/p>\n<div class=\"b-cta-wrapper\">\n<div class=\"b-cta b-cta--stack\">\n<div class=\"b-cta__image\"><a href=\"https:\/\/nftevening.com\/recommends\/hyperliquid\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" data-wpel-link=\"internal\"><noscript><img loading=\"lazy\" decoding=\"async\" width=\"225\" height=\"225\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/03\/hyperliquid-logo.png\" class=\"image-fit wp-post-image\" alt=\"hyperliquid logo\"\/><\/noscript><img loading=\"lazy\" decoding=\"async\" width=\"225\" height=\"225\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/03\/hyperliquid-logo.png\" class=\"lazyload image-fit wp-post-image\" alt=\"hyperliquid logo\"\/><\/a><\/div>\n<\/div>\n<\/div>\n<p><\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Berachains_TVL_Decline_Signals_Sustainability_Concerns\"\/><b>Berachain\u2019s TVL Decline Signals Sustainability Concerns<\/b><span class=\"ez-toc-section-end\"\/><\/h2>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/nftevening.com\/what-is-berachain\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Berachain<\/a>, once a DeFi leader, has seen its TVL drop rapidly from its peak at $3.351 billion in March 2025 to just $1.184 billion today.<\/span><\/p>\n<div id=\"attachment_153222\" style=\"width: 1635px\" class=\"wp-caption alignnone\"><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-153222\" class=\"size-full wp-image-153222\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/05\/compare.png\" alt=\"Berachain\u2019s TVL Decline Signals Sustainability Concerns\" width=\"1625\" height=\"938\"\/><\/noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-153222\" class=\"lazyload size-full wp-image-153222\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/05\/compare.png\" alt=\"Berachain\u2019s TVL Decline Signals Sustainability Concerns\" width=\"1625\" height=\"938\"\/><\/p>\n<p id=\"caption-attachment-153222\" class=\"wp-caption-text\">Source: DefiLlama<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">Berachain has a Proof-of-Liquidity (PoL) model and conducted a massive farming campaign launched after its February 2025 mainnet debut.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">berachain pulled in $3.5B TVL with points and incentives \u2014 and is now bleeding capital, users, and doing &lt;$10k\/day in revenue.<\/p>\n<p>hyperliquid\u2019s L1 just crossed $1B TVL without grants, ecosystem farming, or forced liquidity games.<\/p>\n<p>no bribes \u2014 just reflexive flow from the most\u2026 <a href=\"https:\/\/t.co\/pCv5q0LnmC\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">pic.twitter.com\/pCv5q0LnmC<\/a><\/p>\n<p>\u2014 Simon (@simononchain) <a href=\"https:\/\/twitter.com\/simononchain\/status\/1923948278569123910?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">May 18, 2025<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">Berachain\u2019s <a href=\"https:\/\/nftevening.com\/recommends\/binance-trade\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"inline-coin\" data-id=\"berachain-bera\" data-wpel-link=\"internal\"><span class=\"inline-coin__symbol\">BERA<\/span><span class=\"inline-coin__price\"\/><\/a> token, trading at $3.06 with a market cap of $364.6 million and a fully diluted valuation of $1.532 billion, has also struggled, down nearly 80% from its ATH at $14.83 earlier in the year.\u00a0<\/span><\/p>\n<p><noscript><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-153224\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/05\/hype-2.png\" alt=\"Berachain\u2019s TVL Decline Signals Sustainability Concerns\" width=\"1524\" height=\"839\"\/><\/noscript><img loading=\"lazy\" decoding=\"async\" class=\"lazyload alignnone size-full wp-image-153224\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/05\/hype-2.png\" alt=\"Berachain\u2019s TVL Decline Signals Sustainability Concerns\" width=\"1524\" height=\"839\"\/><\/p>\n<p><span style=\"font-weight: 400;\">The platform\u2019s reliance on incentivized liquidity, including private LP deals, has raised concerns about sustainability. Berachain\u2019s 24-hour volume of $26.28 million pales in comparison to Hyperliquid\u2019s, signaling a potential shift in DeFi user preference toward more organic ecosystems.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The broader DeFi market is watching closely, as Hyperliquid\u2019s steady growth challenges Berachain\u2019s earlier dominance. This trend may signal a preference for platforms with sustainable, user-driven growth over those reliant on short-term incentives.<\/span><\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/nftevening.com\/hyperliquid-dominance-surpass-layer-1-berachain\/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=hyperliquid-dominance-surpass-layer-1-berachain\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On May 17, 2025, Hyperliquid L1\u2019s Total Value Locked (TVL) is about to surpass Berachain\u2019s, with on-chain data showing Berachain at $1.184 billion and Hyperliquid at $1.085 billion, reflecting a competitive DeFi landscape marked by organic growth and market fluctuations. Hyperliquid Dominates Perp DEXes with Steady TVL Growth Hyperliquid emerges as a leader in crypto [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21172,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/05\/2-2-1.jpg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/21171"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=21171"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/21171\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/21172"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=21171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=21171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=21171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}