Hyperliquid Leads Net Inflows as Arbitrum Records Largest Bridge Outflows

Bridge flow data showed a sharp divergence in cross-chain capital movement over the past week, with Hyperliquid posting the largest net inflow while Arbitrum saw the biggest net outflow—signaling a rotation in where traders and liquidity providers are choosing to deploy capital.

According to blockchain analytics platform Artemis, Arbitrum led all networks in gross bridge inflows over the seven-day period, attracting about $577.75 million. Hyperliquid followed closely with roughly $563.00 million, while Ethereum (ETH) drew $400.16 million. Polygon PoS added $126.72 million and Base brought in $82.59 million. Smaller but notable inflows were also recorded on Ink ($25.58 million), Starknet ($20.46 million), OP Mainnet ($17.33 million), Solana (SOL) ($13.12 million), and Berachain ($8.91 million).

On the outflow side, Arbitrum also ranked first—highlighting heavy two-way traffic—while still losing the most capital in absolute terms, with about $709.34 million bridged out. Hyperliquid posted $429.43 million in outflows, followed by Ethereum (ETH) at $422.13 million. Polygon PoS saw $122.84 million bridged out and Base $48.20 million. Additional outflows were observed on Ink ($30.98 million), BNB Chain ($27.11 million), Solana (SOL) ($17.18 million), OP Mainnet ($12.92 million), and Starknet ($11.72 million).

When netting inflows against outflows, Hyperliquid emerged as the week’s clear winner, registering approximately $133.56 million in net inflows—the largest positive balance among tracked chains. Base ranked second at $34.39 million, while Starknet added $8.75 million. OP Mainnet and Polygon PoS recorded smaller positive net flows of $4.41 million and $3.88 million, respectively.

Arbitrum, despite topping gross inflows, posted the largest net outflow at about $131.59 million, reflecting that more capital ultimately left the ecosystem than entered. Ethereum (ETH) also ended the period in the red with roughly -$21.97 million in net outflows, followed by BNB Chain (-$20.09 million), Ink (-$5.40 million), and Solana (SOL) (-$4.05 million).

Market watchers typically interpret bridge flows as a proxy for shifting risk appetite and changing venues for trading activity, yield strategies, and ecosystem incentives. While high gross inflows can point to growing interest, the net figures highlight where capital is ultimately concentrating—or exiting—after repositioning. The latest data suggests 'liquidity rotation' toward Hyperliquid and, to a lesser extent, Base and several L2 networks, even as Arbitrum and Ethereum experienced mild net leakage over the same period.

With bridge activity remaining elevated across multiple chains, investors will likely monitor whether Hyperliquid’s net inflows persist—potentially indicating durable adoption—or whether flows reverse as short-term opportunities fade and capital migrates again.