HyperLend Pooled · Hyperliquid L1

UETH

Overview

The HyperLend Pooled UETH on Hyperliquid L1 is a lending position where suppliers earn variable interest on pooled UETH deposits. The protocol generates yield by matching borrowing demand against the deposited liquidity and distributing the resulting interest to lenders.

Total APY stands at 1.84%, with no additional reward component. Over the past week, the rate has decreased by 0.41% and over the last month it has fallen by 5.80%. This places the current yield below the 30-day mean of 3.33%.

TVL is at $1.91M with no reported change in the past seven days. The primary exposure here is smart-contract risk due to the single-asset nature of the pool, without impermanent loss concerns. Given its lending category and asset type, this level of utilization aligns well with typical market conditions for such pools.

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 2.46%; 30-day mean is 5.30%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 67% confidence based on historical patterns.

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