Aave vs Hyperliquid

General

Description

Aave Logo
Aave
 (AAVE)

Aave is a decentralized finance (DeFi) protocol built on the Ethereum blockchain that enables users to lend and borrow cryptocurrencies without intermediaries, earning interest in the process. Aave employs specific technical mechanisms to ensure proper collateralization and security of the loans.

Aave overview
Hyperliquid Logo
Hyperliquid
 (HYPE)

Hyperliquid is a decentralized exchange (DEX) for perpetual futures and spot trading with a fully on-chain central limit order book on its own layer-1 blockchain. The platform combines CEX-like speed and liquidity with the transparency and self-custody of decentralized systems. With up to 50x leverage and low latency, Hyperliquid is a powerful alternative to centralized trading platforms.

Hyperliquid overview

Purpose and goals

Aave Logo
Aave
 (AAVE)
  • Decentralized finance and lending system
  • Open protocol & interface
  • Liquidity pools
Hyperliquid Logo
Hyperliquid
 (HYPE)
  • Decentralized exchange (DEX)
  • Perpetual futures and leveraged trading
  • On-chain order book

Price and market data

Price chart

Aave
 (AAVE)

$224.72

-5.22%
Hyperliquid
 (HYPE)

$38.21

-1.44%
Market data
AaveHyperliquid
Market cap
$3.44B
$10.36B
Market share
0.091%
0.27%
Current price

$224.72

+$16.85+7.50%

$38.21

+$2.93+7.67%
AAVE converterHYPE converter
All-time high
$661.69
May 18, 2021-65.95%
$59.30
Sep 18, 2025-35.51%
Crypto all-time highs
Cycle low
$0.48
+194.82%Jun 18, 2022
$29.24
+30.44%Oct 10, 2025
Prediction for 2025
Powered by AI
$920.99
+309.04%
$72.00
+88.43%
AAVE predictionHYPE prediction
Price trend
Positive
(15/30 days)
Negative
(20/30 days)
Momentum
Positive
NegativePositive
Positive
Neutral
NegativePositive
Neutral
Relative Strength Index
Neutral
BuySell
Neutral (54.17)
Neutral
BuySell
Neutral (36.89)
News sentiment
Negative
NegativePositive
Negative (36/100)

Last 30 days

Neutral
NegativePositive
Neutral (49/100)

Last 30 days

AAVE newsHYPE news
Price performance
+41.67%
Price performance
+41.21%
+183.01%
Price performance
-26.81%
-32.65%
Price performance
-5.22%
-1.44%
Price performance
+7.50%
+7.67%
Price performance
-0.33%
-0.14%
Annual return
-33.22%
+36.40%
Annual return
+188.73%
+589.70%
Annual return
+112.25%
AAVE returnsHYPE returns
Total return
+282.43%
2020 – 2025
+465.13%
2024 – 2025
Average annual return
+77.02%
+313.05%
Transaction volume
$319.05M
24h
$340.69M
24h
Max supply
16M
1B
Circulating supply
15.26M
270.77M
Inflation
Year
Year
Crypto inflation

On-chain data

Market data
AaveHyperliquid
Total Value Locked (TVL)
$38.88B
$2.13B
What is Total Value Locked?
Market cap/TVL (ratio)
0.088
4.87
Transactions (24h)
3,218
Active addresses (24h)
1,161

Our rating

Our rating
AaveHyperliquid
Our overall rating
Aave
Hyperliquid
How we evaluate cryptocurrencies

Our individual ratings

Risk
Aave: 5 of 10
Risk (Aave)
Hyperliquid: 4 of 10
Risk (Hyperliquid)
Aave Logo
Hyperliquid Logo
riskyless risky
Community
Aave: 6 of 10
Community (Aave)
Hyperliquid: 6 of 10
Community (Hyperliquid)
Aave Logo
Hyperliquid Logo
smalllarge
Hype & momentum
Aave: 5 of 10
Hype & momentum (Aave)
Hyperliquid: 7 of 10
Hype & momentum (Hyperliquid)
Aave Logo
Hyperliquid Logo
weakstrong
Active usage
Aave: 7 of 10
Active usage (Aave)
Hyperliquid: 7 of 10
Active usage (Hyperliquid)
Aave Logo
Hyperliquid Logo
lowhigh
Network effect
Aave: 5 of 10
Network effect (Aave)
Hyperliquid: 5 of 10
Network effect (Hyperliquid)
Aave Logo
Hyperliquid Logo
weakstrong
Decentralization
Aave: 6 of 10
Decentralization (Aave)
Hyperliquid: 4 of 10
Decentralization (Hyperliquid)
Aave Logo
Hyperliquid Logo
centralizeddecentralized

Our opinion

Aave Logo
Aave
 (AAVE)
Aave is one of the earliest, most popular, and well-known DeFi applications, and has shown tremendous growth since launching in 2017. The size of its liquidity pools and the total value locked (TVL) in the protocol continue to rise steadily, currently sitting in the double-digit billions. What makes open finance protocols like Aave particularly interesting is that other applications—and even traditional financial institutions—can tap into its liquidity pools and mechanisms. Aave has been running for quite some time without any major issues, earning it a reputation as one of the safest and most “battle-tested” players in the decentralized finance sector. For these reasons, our outlook on Aave remains positive. If user adoption continues to grow, and perhaps even attracts clients from outside the crypto space, there’s strong potential for long-term price appreciation. Although Aave faces strong competition from projects like Compound and Maker, we believe there’s ample room for multiple successful providers in this segment.
Aave overview
Hyperliquid Logo
Hyperliquid
 (HYPE)
Hyperliquid brings the classic order book to self-custody: its own layer-1, fully on-chain, with noticeably low latency. For traders who want precise limit orders and true matching instead of pools, this finally feels like serious on-chain trading. The standout piece is HyperEVM, which makes the order book programmable—automated strategies and DeFi integrations can tap directly into native liquidity. Native USDC simplifies deposits and withdrawals and reduces day-to-day friction. That said, not everything is solved: the validator set is still small, the node code isn’t fully open, and perpetuals remain regulatory-sensitive. Our take: Hyperliquid shows that “decentralized” doesn’t have to mean “slow and clunky.” If decentralization and operational stability continue to improve, the project has a real shot at becoming the reference point for on-chain order-book trading.
Hyperliquid overview

Details

Info
AaveHyperliquid
Founder
Stani Kulechov
Jeff Yan, "iliensinc" (pseudonym)
Developer
Community, Aave
Hyper Foundation
Published
2017
2023
Open source
Yes
Yes
Sector
Lending
DEX
Key feature
Open Lending Protocol
On-chain order book (CLOB)
Blockchain
Ethereum Blockchain
Hyperliquid Blockchain
Staking
Yes
Yes
Consensus mechanism
Ethereum (ERC-20 Token)
HyperBFT
Energy consumption
Medium
Low
Transactions per second
200,000 TPS
Institutional investors
  • ArkStream Capital
  • Blockchain Capital
  • Pantera Capital
  • Multicoin Capital
  • Three Arrows Capital
  • Blockchain.com Ventures
  • etc.
Community
639,588 followers
346,537 followers
Website
aave.com
hyperfoundation.org
Whitepaper
Whitepaper
Whitepaper
Aave vs Hyperliquid

Aave or Hyperliquid

Market data comparison of AAVE versus HYPE

The current price of Aave is $224.72 and has increased by in the last 24 hours. Hyperliquid is currently trading at $38.21, with a gain of over the same period. Aave has a market cap of $3.44B and ranks 47th. Hyperliquid follows with a market cap of $10.36B, ranking 19th — meaning it is valued higher.

We automatically update all market data every 15 minutes, so you always have the latest figures for your comparison.

Should I buy Aave or Hyperliquid?

You should be aware that investing in cryptocurrencies carries risks, and we are neither allowed nor intending to provide investment advice. Still, we'd like to offer some food for thought: consider the opportunities and risks associated with both Aave and Hyperliquid. What target markets and problems are these two projects aiming to address?

If you're still unsure whether to invest in Aave or Hyperliquid, you can take a look at some additional market data to help with your decision:

Currently, Aave is about below it's all-time high of $661.69 reached on May 18, 2021.
In comparison, Hyperliquid is down approximately from it's all-time high of $59.30 on Sep 18, 2025.
Aave currently has a 6.35% lower 24h transaction volume of $319.05M compared to Hyperliquid with $340.69M.
Over the past year, Aave achieved a total return of , while Hyperliquid returned . Keep in mind, however, that past performance rarely guarantees future results.

Additional criteria for comparing cryptocurrencies:

  • What problem does the project aim to solve, and is a decentralized network meaningful and necessary for it?
  • How actively is the network being used?
  • Does the project have a large and active community?
  • How strong is the development activity? (e.g., on GitHub)
  • How decentralized is the underlying blockchain and the project itself?

How we evaluate cryptocurrencies

These are just a few indicators you can use to better evaluate and compare cryptocurrencies like Aave and Hyperliquid. Cryptocurrencies and their underlying technologies are often difficult to compare — even for professionals. So don’t stress yourself out, and never let emotions or fear of missing out drive your investment decisions.

Where can I buy Aave or Hyperliquid?

Today, there are many reputable and secure exchanges that make it easy to invest in Aave and Hyperliquid. We're happy to help you choose the right one: simply use our exchange comparison tool to find the platform that best suits your needs. Both Aave and Hyperliquid are well-known and in high demand, which means they're available on most major exchanges.

Crypto exchanges comparison

Which crypto wallet is best for Aave and Hyperliquid?

If you want to store cryptocurrencies like Aave or Hyperliquid yourself, choosing the right wallet is essential. Consider your personal preferences when deciding: Is ease of use important to you? Do you prefer maximum security with a hardware wallet (USB device), or is a software wallet sufficient for your needs? Our crypto wallet comparison helps you find the best wallet for Aave, Hyperliquid, and many other cryptocurrencies.

Crypto wallets comparison

How does our comparison work?

Data & Interfaces

Our market data is automatically updated every 15 minutes. This means you can always use the latest data for your comparisons. We obtain the data through web interfaces (API) from CoinGecko, DefiLlama, CoinCodex and many more

Research & Deepdive

We regularly sift through a jungle of technical whitepapers, websites, social media and forums for you. In doing so, we filter out essential and relevant information in order to present it to you clearly and comprehensibly in our comparison

Analysis & Valuation

We research and use analysis tools for blockchains and their networks, to form a fact-based foundation for our valuation. Please note that this is not an investment recommendation, but merely our personal opinion.

Community & Feedback

We check our information every 1-2 months to ensure it is up to date and correct. With the help of our community, we can find outdated or incorrect data even faster. Of course, we also welcome your feedback or suggestions for improvement!

Our data on cryptocurrencies was last updated on 2025-10-19T15:35:26.9017+00:00. Sources: CoinGecko, defillama.com, coincodex.com.

The content on this website is provided for general informational purposes only and does not constitute financial, investment, legal, or tax advice. It should not be interpreted as a recommendation to buy, sell, or hold cryptocurrencies, nor as a guarantee of future price developments. You are responsible for independently verifying any information before using a listed service. Trading cryptocurrencies involves significant risk and can result in the total loss of your capital. Past performance is not indicative of future results. We do not accept any liability for the timeliness, accuracy, or completeness of the information provided, including content from external or third-party sources. All actions are taken at your own risk. Some links on this website are affiliate links. If you purchase a product or use a service through these links, we may receive a commission at no additional cost to you. Our content, comparisons, and rankings remain editorially independent. This helps us provide free content and continue developing the platform. Thank you for your support.