Felix CDP · Hyperliquid L1

WHYPE

Overview

The Felix CDP WHYPE pool on Hyperliquid L1 is a collateralized debt position where users deposit WHYPE tokens to generate leverage for borrowing other assets. This protocol allows borrowers to access liquidity by posting WHYPE as collateral.

Total APY stands at 0%, with no separate base or reward components. No trend data is available over the past week or month, and there is no comparison to a 30-day mean since it is not provided.

TVL currently sits at $33M without any specified change over the last seven days. The primary risk here is smart-contract exposure due to the nature of the CDP mechanism. Users should be aware that this pool relies on the integrity and security of the underlying protocol's smart contracts.

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.