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HYPE Hyperliquid Bridge's total locked value surpasses EigenCloud and ranks ninth in DeFi.
Hyperliquid Bridge's total locked value (TVL) has surpassed EigenCloud, marking a significant change in the landscape of major DeFi infrastructure agreements. According to DefiLlama data, Hyperliquid Bridge currently has a TVL of $6.53 billion, while EigenCloud has a TVL of $6.37 billion. The change puts Hyperliquid Bridge in ninth place out of 146 DeFi agreements with a TVL of at least $200 million.
Hyperliquid Bridge's growth and HYPE ecosystem
In the DeFi ecosystem, Hyperswitch operated by Hyperliquid (HYPE) has become TVL's largest DeFi bridging protocol. The platform allows users to seamlessly transfer tokens from the Ethereum main network to other blockchains through a single transaction. After the transfer is completed, users can use the packaging token to participate in HYPE's perpetual contract market.
The growth of TVL highlights the high level of trust users have in the Hyperliquid protocol and its level of liquidity. For Hyperliquid market makers, the $6.53 billion milestone sends a strong signal: users trust the protocol and its efficient hosting solutions more than relying mainly on point-mining strategies.
For Hyperliquid and its market makers, the $6.53 billion TVL demonstrates strong user trust and liquidity, making it the preferred solution for token storage and interaction, superior to other passive points accumulation methods.
Enlightenment for investors and developers
For investors and cryptocurrency exchanges, there are several fundamental factors behind HYPE's current momentum, including the economic model of the token, liquidity characteristics, and support for native trading pairs such as HYPE-USDC. Developers regard TVL as a measure of real capital allocation and participation across chains, providing deeper insight into asset flows in blockchain networks.
The rising trend of bridging protocols TVL highlights their evolving role in decentralized finance, especially as new infrastructure solutions increasingly focus on vertical integration and application-specific chains. Native bridging methods like Hyperliquid are gradually surpassing external third-party services such as Wormhole and LayerZero.
The top ten DeFi protocols currently account for more than 60% of DeFi's total TVL, demonstrating a high degree of concentration of activity among top-level protocols and reflecting the continuing transformation of the field towards vertically integrated exchanges and internal bridging solutions.
Future outlook for Hyperliquid and DeFi Bridge
Looking forward, Hyperliquid's long-term prospects depend on its ability to maintain and increase trading volume in perpetual contracts and spot markets, as well as its ability to strengthen stablecoin infrastructure. Given the history of bridging vulnerabilities that have occurred and caused significant losses, maintaining bridging security remains a key consideration.
Hyperliquid's DeFi infrastructure continues to expand, reflecting a broader market trend: application-specific first-layer solutions and vertically integrated platforms are shaping the next phase of growth and competitiveness of decentralized finance.
