Euler V2 · Hyperliquid L1

WSTHYPE (EVK Vault ewstHYPE-1)

Overview

The Euler V2 WSTHYPE on Hyperliquid L1 is a single-asset lending position where suppliers earn variable interest on deposits of the wrapped staked HYPE token (WSTHYPE). The protocol generates yield by matching borrowing demand against pooled liquidity and distributing the resulting interest to lenders.

Total APY stands at 0%, with no reward component. Both the 7-day and 30-day trends are unavailable, leaving current rates without comparative context relative to recent performance.

TVL is $314K; this pool has no impermanent loss exposure due to its single-asset nature. The primary risk lies in smart-contract vulnerabilities specific to Euler V2's lending mechanism.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Yield variability

  Current APY is 0.02%; 30-day mean is 0.02%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 63% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.