CDP
Felix CDP
Total TVL
$41.54M
Active pools
8
Chains supported
1
Official site: https://www.usefelix.xyz?ref=4BF702FF ↗
Overview
Felix CDP is a collateralized debt protocol that allows users to generate stablecoins by posting overcollateralized assets as security. The value generated for participants comes from the ability to leverage their holdings into liquid tokens, providing liquidity without selling underlying assets.
The protocol holds $44.9M in TVL across 8 active pools on one chain: Hyperliquid L1, which accounts for 100% of its footprint. This concentration implies a high risk tied to performance and security on that single network. Felix CDP has an official website available but does not disclose market cap data.
Felix CDP has undergone 1 public audit, indicating some level of scrutiny into the protocol's codebase and design. The lack of detailed token economics information suggests limited transparency around the value proposition for its governance token.
Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.
TVL by chain
| Chain | TVL on chain |
|---|---|
| Hyperliquid L1 | $41.54M |
TVL history
Top pools
| Chain | Symbol | TVL | APY |
|---|---|---|---|
| Hyperliquid L1 | WHYPE | $33.51M | 0.00% |
| Hyperliquid L1 | FEUSD | $6.73M | 4.97% |
| Hyperliquid L1 | KHYPE | $5.45M | 0.00% |
| Hyperliquid L1 | FEUSD | $2.03M | 2.52% |
| Hyperliquid L1 | FEUBTC | $1.78M | 0.00% |
| Hyperliquid L1 | FEUSD | $1.15M | 7.79% |
| Hyperliquid L1 | WSTHYPE | $780.8K | 0.00% |
FAQ
› What is Felix CDP?
Felix is a synthetic dollar protocol on Hyperliquid L1
› How much TVL does Felix CDP have?
Felix CDP has $41.54M in total value locked across all supported chains as of the last refresh.
› How many active pools does Felix CDP have?
We currently track 8 active pools for Felix CDP.
› Is Felix CDP audited?
DefiLlama lists 1 audit for Felix CDP. Audits reduce smart-contract risk but do not eliminate it.
See our methodology for how this data is collected.