Felix CDP · Hyperliquid L1

FEUBTC

Overview

The Felix CDP FEUBTC pool on Hyperliquid L1 is a collateralized debt position where users can deposit BTC-backed tokens to generate yield or borrow against the collateral. The protocol allows for flexible borrowing and lending, enabling participants to manage their crypto assets efficiently.

Total APY stands at 0%, with no reward component. There is no trend data available for both the 7-day and 30-day periods.

TVL currently sits at $2.24M, with smart-contract risk as the primary exposure due to its single-asset nature and lack of impermanent loss risk. The pool's design focuses on providing users with direct access to BTC-backed liquidity, facilitating both borrowing and lending activities.

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

  Yields can change as TVL and incentive emissions change. The current APY is not a guarantee.

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