Stablecoin supply by chain

1.80x vs Arbitrum

Supply

$6.33B

Global Share

2.08%

Stablecoin supply by chain

0.56x vs Hyperliquid L1

Supply

$3.51B

Global Share

1.16%

Chain Comparison Matrix

Stablecoin supply and global market share by chain.

Metric	Hyperliquid L1	Arbitrum	Δ
Stablecoin Supply	$6.33B	$3.51B	+80.1%
Share of Global	2.08%	1.16%	+0.92pp
Relative Size	1.80x	0.56x	—

Hyperliquid L1 Mechanism Mix

Supply-weighted collateral model mix on this chain.

Arbitrum Mechanism Mix

Supply-weighted collateral model mix on this chain.

Top Stablecoins on Hyperliquid L1

Largest stablecoin deployments by share of this chain.

Top Stablecoins on Arbitrum

Largest stablecoin deployments by share of this chain.

Hyperliquid L1 vs. Arbitrum