Hyperliquid (HL) is a high-performance EVM L1 blockchain with a current TVL of $726 million (500M USDC), ranking it in the top 10 across all chains. Its native token, HL, is not yet launched but is in an airdrop points phase, presenting a potential future opportunity for early participants. The platform offers a 15% APY on USDC deposits to its HLP liquidity pool, which currently holds $240 million.