Hyperliquid Surpasses Arbitrum in TVL Rankings

Hyperliquid's Layer 1 network has surpassed Arbitrum in Total Value Locked (TVL) and risen to the 8th position in the blockchain rankings.

The development was reported by KuCoin, a cryptocurrency exchange, on August 17, 2026, at 16:34:16. According to KuCoin's tweet, Hyperliquid's network has taken over Arbitrum in terms of TVL.

While specific details about the growth or the value locked are not mentioned in the source, this development is significant for the cryptocurrency market as it highlights the increasing popularity and adoption of Layer 1 networks like Hyperliquid.