Basis Trading
Liminal Basis
Total TVL
$23.98M
Active pools
6
Chains supported
1
Official site: https://liminal.money ↗
Overview
Liminal Basis is a basis trading protocol that enables users to arbitrage between overcollateralized and undercollateralized positions, generating revenue through price discrepancies in the market. Participants can lock in profits by leveraging the platform’s automated strategies.
The protocol holds $22.9M in TVL across 5 active pools on 3 chains; Hyperliquid L1 dominates at 100%, indicating a singular chain focus with no diversification across other networks. This concentration implies significant exposure to risks associated with that specific blockchain.
Audit posture is light, with only 1 audit reference available. The protocol has an official surface area but lacks market cap data, making it difficult to assess token economics relative to TVL.
Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.
TVL by chain
| Chain | TVL on chain |
|---|---|
| Hyperliquid L1 | $23.98M |
TVL history
Top pools
| Chain | Symbol | TVL | APY |
|---|---|---|---|
| Hyperliquid L1 | LIMUSD | $9.95M | 0.00% |
| Hyperliquid L1 | XHYPE | $5.73M | 0.00% |
| Hyperliquid L1 | XLEND | $4.76M | 0.00% |
| Hyperliquid L1 | XBTC | $1.19M | 0.00% |
| Arbitrum | LIMUSD | $323.8K | 0.00% |
FAQ
› What is Liminal Basis?
Liminal is designed to capture yield sources offered by Hyperliquid and distribute them through fully automated strategies across all ecosystems
› How much TVL does Liminal Basis have?
Liminal Basis has $23.98M in total value locked across all supported chains as of the last refresh.
› How many active pools does Liminal Basis have?
We currently track 6 active pools for Liminal Basis.
› Is Liminal Basis audited?
DefiLlama lists 1 audit for Liminal Basis. Audits reduce smart-contract risk but do not eliminate it.
See our methodology for how this data is collected.