HyperSwap V3 · Hyperliquid L1

WHYPE-USD₮0 (0.3%)

Overview

The HyperSwap V3 WHYPE-USD token pool on the Hyperliquid L1 chain is a multi-asset liquidity position where providers earn variable returns from trading fees. The protocol generates yield by facilitating trades and collecting transaction fees from users.

Total APY stands at 3.78%, with no additional reward component. Over the past seven days, the rate has increased by 1.12% while over the last thirty days it has dropped by 7.53%. This current rate is below the 30-day mean of 6.57%.

TVL currently stands at $620K with no reported change in the past week. The primary exposure for liquidity providers is impermanent loss due to the multi-asset nature of the pool. Depth and stability of liquidity are key factors influencing trading fees and, consequently, yield 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 2.98%; 30-day mean is 7.37%. 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.