HyperSwap V3 · Hyperliquid L1

WHYPE-UETH (0.3%)

Overview

The HyperSwap V3 WHYPE-UETH pool on the Hyperliquid L1 chain is a multi-asset liquidity position that generates yield through trading fees from decentralized exchange activities. The protocol collects transaction fees and distributes them to liquidity providers.

Total APY stands at 1.08%, with no additional reward component. Over the past week, the rate has declined by 1.46% and over the last month it has dropped by 12.39%, placing the current yield below the 30-day mean of 4.78%.

TVL is $502,598 with no reported change in the past week. The primary risk for liquidity providers is impermanent loss due to the multi-asset nature of the pool. This exposure is typical for decentralized exchange pools where token price fluctuations can impact returns.

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 1.19%; 30-day mean is 1.58%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 66% confidence based on historical patterns.

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