Hyperliquid recently recorded the highest daily net inflows among major blockchains, pulling in approximately $80.4 million in a single 24-hour period. This outperformed other tracked networks, with no close competitors on that day.
Data from Artemis Analytics showed Hyperliquid with roughly $194.9 million in inflows and $114.5 million in outflows, resulting in the $80.4 million net figure. This reflects strong capital attraction to its derivatives-focused Layer-1 blockchain, driven by high perpetual futures trading activity and protocol revenue exceeding $1 million daily throughout early 2026.
Hyperliquid’s growth aligns with its broader momentum: TVL around $4-6 billion. Dominance in on-chain perps. Sustained user deposits. In 2025 year-end rankings. Ethereum led with ~$4.2 billion net inflows, followed by Hyperliquid at ~$2.9 billion.
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Daily inflows can fluctuate significantly based on trading volume and market sentiment. Hyperliquid also frequently ranks high or leads in daily fees and revenue among blockchains, often generating $1-2 million+ per day, which supports its buyback mechanisms for the HYPE token.
This recent daily inflow leadership highlights Hyperliquid’s rising prominence in DeFi, particularly for high-volume trading. Solana’s DeFi ecosystem has shown resilient growth in inflows throughout 2025 and into early 2026, driven by institutional interest via ETFs, high on-chain activity like memecoins, DEX trading, and upgrades improving scalability.
However, on-chain net inflows remain modest compared to leaders like Hyperliquid, with fluctuations tied to market sentiment. Recent On-Chain inflows 24-hour net inflows: shows approximately $3.28 million per DeFiLlama data, positive but small relative to Solana’s scale.
This reflects steady user deposits into protocols, supported by surging DEX volume ~$5.8 billion in 24h and stablecoin activity. Stablecoin supply on Solana stands at ~$14-15 billion, with recent surges like +$900 million in single days late 2025/early 2026 indicating capital entering for trading and yield.
2025 Full-Year Trends
Solana’s TVL grew significantly, ending around $9-13 billion range, peaking higher before corrections, up sharply from prior years, placing it as the #2-3 chain behind Ethereum. Institutional inflows via Solana ETFs/ETPs: ~$3.6 billion in 2025 per CoinShares, a ~10x increase from 2024, making Solana one of the top altcoin beneficiaries.
Cumulative ETF assets under management crossed $1 billion by early 2026, with consistent positive flows even during price dips like +$95 million in late December 2025; +$6.8 million on Jan 5, 2026. Broader ecosystem revenue: Apps generated $2.39 billion in 2025 +46% YoY, fueled by DEX volume hitting $1.5 trillion.
Early 2026 Momentum
Positive start with ETF inflows continuing like the multi-million daily in first week. TVL currently ~$8.77 billion, slight 24h dip of -3.45%, but stable overall. High activity: 2.2+ million daily active addresses, supporting ongoing capital attraction.
Compared to Hyperliquid’s recent $80 million daily peak, Solana’s on-chain net inflows are lower daily but benefit from broader institutional channels (ETFs) and retail/memecoin-driven volume. Strong institutional adoption— ETFs projected to accelerate in 2026 with potential new approvals and network upgrades like Alpenglow for faster finality position Solana for sustained inflows.
Short-term variability: shows on-chain flows are positive but not dominating daily rankings; price/TVL corrections in late 2025 reflected macro risks, but fundamentals (volume, users) remain robust. Solana ranks highly in DEX/perps volume and stablecoin transfers, often outpacing Ethereum in retail-driven metrics.
Inflows can fluctuate rapidly with market conditions. Hyperliquid’s performance attracts “serious money”— whales, high-frequency traders, while Solana’s ETFs e.g., potential Morgan Stanley products draw TradFi billions.
Derivatives dominance: On-chain perps are DeFi’s growth engine, potentially capturing 25-50% of spot/perp volume by end-2026 as DEXs improve execution. Hyperliquid’s rise pressures incumbents e.g., Solana-based perps like Jupiter, spurring upgrades (privacy, interoperability, RWAs).
Regulatory scrutiny on derivatives, macro downturns, or unlock-driven outflows could reverse flows. Hyperliquid’s inflow leadership underscores DeFi’s pivot to high-efficiency trading infrastructure, potentially accelerating on-chain derivatives toward a $1T market.
Solana’s trends point to deeper TradFi integration. These dual paths suggest a more mature, fragmented DeFi landscape in 2026—specialized chains thriving alongside broad ecosystems—driving innovation but increasing competition for capital. Flows remain highly sensitive to market sentiment and upgrades.