2026-01-15 01:21:33

Interesting metric: when you factor out USDC deposits from the extended app ecosystem, Hyperliquid L1 is pulling in significantly more total value locked compared to Starknet—we're talking over 11x the TVL difference here. It's a snapshot of how these two chains are capturing liquidity at different scales, and worth paying attention to if you're tracking where capital's actually flowing in this cycle.

USDC-0,03%

STRK-3,54%

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GateUser-2fce706c

· 7h ago

I've already said it, who still cares about those inflated ecosystem metrics? Hyperliquid has truly seized the commanding height of the derivatives track, with an 11x gap clearly showing the advantage of being first.

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DeFiVeteran

· 8h ago

11x gap? Hyperliquid is indeed fierce this time, but is Starknet really just like this...

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AlwaysQuestioning

· 8h ago

Once again, this set of data arguments has become tiresome. How can Hyperliquid crush this 11x gap? Is it really true?

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BakedCatFanboy

· 8h ago

Wow, an 11x gap, Hyperliquid is really working hard.

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SelfCustodyBro

· 8h ago

hyperliquid really absorbed the liquidity this time, StarkNet is quite far behind

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RektRecorder

· 8h ago

Damn, Hyperliquid's data is outrageous, an 11x difference? --- Starknet is completely crushed... --- But removing USDC as a premise is a bit suspicious; the real situation might not be that absolute. --- Damn, capital is still flocking to Hyperliquid. This cycle pattern has really changed. --- 11x sounds great, but no real money has gone in... --- How did Starknet end up like this? It seemed pretty hot a couple of years ago. --- This is how liquidity wars go—winner takes all. --- I really want to know how much of this TVL is supported by real trading volume... --- Hmm, Hyperliquid is indeed bloodsucking, no way around it. --- Wait, is this data the latest? Feels like the weekly rankings keep changing.

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