Record-breaking milestone: HyperEVM observes 106,000 active wallets, Total Value Locked surpasses $2 billion
HyperEVM, a leading DeFi platform, is edging closer to the $2 billion mark in total value locked (TVL), a significant milestone in the cryptocurrency industry. The network's consistent growth, particularly in transaction volume and active addresses, has been evident since February.
The DeFi protocols HyperLend and Morpho account for more than half of the TVL on the HyperEVM network. With $567 million and $521 million locked respectively, they are significant players in the network. The sustained growth in the number of addresses and liquidity indicates HyperEVM is moving into a phase of consolidation and ecosystem maturity.
Despite the cautious cryptocurrency market, HyperEVM's metrics reflect strong fundamental trends. The network's TVL, the number of active addresses, and the growth in transaction volume all point to a robust and resilient platform. Even the native $HYPE token, trading around $47.03, has maintained price stability, a testament to investor confidence.
The growing adoption of HyperEVM is underscored by the accelerating user activity in the network. In a historic high, the network recorded over 106,000 active addresses from September 1st to 7th, 2025, demonstrating its ability to handle higher loads. This growth, coupled with the influx of liquidity into DeFi protocols, sets the stage for further growth for HyperEVM.
If transaction volumes and the number of active addresses maintain their current pace, HyperEVM could establish itself as one of the key directions for DeFi activity. The growth in users and TVL on the HyperEVM network indicates fundamental demand that could support price stability in the medium term.
While the individual developers behind the DeFi project Morpho on the HyperEVM platform remain unnamed, general developer engagement and activity are evident. This developer activity, along with user activity, is a key factor driving the growth of the HyperEVM network.
In conclusion, HyperEVM, with its approaching $2 billion TVL and historic highs in active addresses, appears well-prepared for market fluctuations and competitive pressure. The network's resilience, coupled with its potential for further growth, makes it an exciting prospect in the DeFi landscape.
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