Stablecoin supply by chain

1.64x vs Arbitrum

Supply

$6.16B

Global Share

2.02%

Stablecoin supply by chain

0.61x vs Hyperliquid L1

Supply

$3.76B

Global Share

1.23%

Chain Comparison Matrix

Stablecoin supply and global market share by chain.

Metric	Hyperliquid L1	Arbitrum	Δ
Stablecoin Supply	$6.16B	$3.76B	+63.7%
Share of Global	2.02%	1.23%	+0.79pp
Relative Size	1.64x	0.61x	—

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