HyperSwap V3 · Hyperliquid L1

WHYPE-KHYPE (0.01%)

Overview

The HyperSwap V3 WHYPE-KHYPE pool on the Hyperliquid L1 chain is a liquidity position that generates yield through trading fees from decentralized exchange activities. Users deposit a combination of WHYPE and KHYPE tokens to provide liquidity for this pair, earning a share of transaction fees collected by the protocol.

Total APY stands at 9.57% with no additional reward component. Over the past seven days, the rate has decreased by 0.32%, while over the last thirty days, it has fallen by 4.25%. This current yield is below the 30-day mean of 9.38%.

TVL in this pool amounts to $263K with no reported change over the past week. The primary risk here involves impermanent loss due to the multi-asset nature of the liquidity provision. Users are exposed to price fluctuations between WHYPE and KHYPE, which can lead to a difference between holding tokens separately versus providing liquidity for them.

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 0.06%; 30-day mean is 0.13%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 76% confidence based on historical patterns.

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