HyperSwap V3 · Hyperliquid L1

SWAP-WHYPE (0.3%)

Overview

The HyperSwap V3 SWAP-WHYPE pool on the Hyperliquid L1 chain is a liquidity position token (LP token) that generates yield from trading fees within the decentralized exchange ecosystem. Users deposit SWAP-WHYPE tokens to provide liquidity, earning revenue from transaction fees collected by the protocol.

Total APY stands at 16.97%, with no additional reward component. The 7-day trend shows an increase of 16.90% and the 30-day trend indicates a rise of 13.27%. This current rate is significantly above the 30-day mean of 2.97%.

TVL currently stands at $333K, with no reported change over the past week. The primary risk for this multi-asset pool involves impermanent loss exposure due to price fluctuations affecting deposited tokens. Liquidity depth in this pool supports robust trading activity and fee generation.

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.

• Impermanent loss

  This pool holds multiple assets, so price divergence between them can reduce your USD value below what holding the assets separately would yield.

• Yield variability

  Current APY is 2.43%; 30-day mean is 2.07%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 55% confidence based on historical patterns.

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