PHAROSlive stablecoin signals

Hyperliquid L1 Stablecoins: Supply, Risk & Top Deployments

Hyperliquid L1 has 6 tracked deployments in the checked-in Pharos registry, led by Tether (USDT), USD Coin (USDC), and Ethena USDe (USDe). Use this page to compare live stablecoin supply, global market share, concentration, peg health, and backing mix before treating Hyperliquid L1 liquidity as interchangeable with the same assets on other chains.

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Hyperliquid L1

Total Supply

Global Share

24h

7d

30d

Chain Health Score

Quality (30%)—

Environment (20%)—

Concentration (20%)—

Peg Stability (20%)—

Backing Diversity (10%)—

Methodology v1.3View methodology Version history →

Next Check

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Taxonomy pages represented by the stablecoins deployed on this chain.

US Dollar Stablecoins: 266 Coins Ranked by Risk6 stablecoins in this chain profile CeFi Stablecoins: 180 Coins Ranked by Risk3 stablecoins in this chain profile CeFi-Dependent Stablecoins: 165 Coins Ranked by Risk3 stablecoins in this chain profile Crypto-Backed Stablecoins: 156 Coins Ranked by Risk3 stablecoins in this chain profile RWA-Backed Stablecoins: 213 Coins Ranked by Risk3 stablecoins in this chain profile Liquity v2 Stablecoins: 21 Coins Ranked by Risk1 stablecoin in this chain profile

Stablecoin Research Surfaces

Use these feature pages to compare the same stablecoin set from other angles.

Stablecoin taxonomiesBrowse by peg currency, backing, governance, and shared infrastructure.Safety ScoresCompare peg, liquidity, resilience, decentralization, and dependency risk.LiquidityInspect DEX liquidity depth and concentration for tracked stablecoins.FreezeWatchReview issuer-control and blacklist event monitoring.