Hyperliquid L1 vs Arbitrum
Compare stablecoin supply on Hyperliquid L1 ($6.86B) vs Arbitrum ($3.94B): dominance, mechanism mix, top stablecoins, and chain share.
Stablecoin supply and global market share by chain; the larger figure in each row is bold.
| Hyperliquid L1 | Arbitrum | Δ | |
|---|---|---|---|
| Stablecoin supply | $6.86B | $3.94B | +74.0% |
| Share of global supply | 2.25% | 1.29% | +0.96 pp |
| Relative size | 1.74× | 0.57× | — |
Share of this chain's stablecoin supply by backing mechanism.
Share of this chain's stablecoin supply by backing mechanism.
Largest stablecoin deployments by share of this chain.
Largest stablecoin deployments by share of this chain.