Hyperliquid vs Starknet

Bridged TVL is value secured by the chain's bridge, not value locked in its DeFi protocols; a chain can rank high on one and low on the other. The split is L2Beat's: canonical is escrowed on the host chain by the chain's own contracts, external came through a third-party bridge, native was minted here. Rows are the chains L2Beat tracks in its scaling summary; a settled L1 has no row by construction, not by omission. Size is not quality: a large balance says capital came, not that it stayed.

Stablecoin float is where dollars are parked, not what they do. A chain can take in a billion that sits idle, and lose float to a single issuer redeeming. The figure is DefiLlama's chain-wide pegged-USD aggregate, every issuer combined; it does not separate a bridge inflow from a native mint, and a dollar bridged to an L2 counts on both chains, so rows are not additive. Read the net dollars with the percentage beside them: the same $400M is a rounding error on Ethereum and a doubling elsewhere.