HyperSwap V3 · Hyperliquid L1

WHYPE-UBTC (0.3%)

Overview

The HyperSwap V3 WHYPE-UBTC pool on the Hyperliquid L1 chain is a multi-asset liquidity position where providers earn yield from trading fees generated by swapping activity between WHYPE and UBTC tokens. Total APY stands at 12.31%, with no additional reward layer. Over the past seven days, the APY has increased by 7.08%, while over thirty days it has decreased by 10.00%, placing the current rate below the 30-day mean of 12.52%. TVL in this pool is $971K with no reported change over seven days; primary exposure includes impermanent loss risk due to multi-asset composition. Liquidity depth remains consistent, supporting robust trading activity and fee generation for liquidity providers.

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 12.35%; 30-day mean is 22.51%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 56% confidence based on historical patterns.

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