Liminal Basis · Hyperliquid L1

XHYPE (Delta-neutral yield)

Overview

The Liminal Basis XHYPE pool on Hyperliquid L1 is a delta-neutral yield position that generates returns through basis trading strategies involving the XHYPE token. This protocol aims to capture gains from price discrepancies between different assets or markets.

Total APY stands at 5.89%, with no additional reward component. Over the past seven days, this rate has increased by 0.40% and over the last thirty days, it has risen by 5.06%. This current yield is above the 30-day mean of 4.94%.

TVL in the pool amounts to $3.25M with no reported change over the past seven days. The primary risk here is smart-contract exposure due to the nature of basis trading strategies, which rely on complex automated processes for executing trades and managing positions.

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.

• Yield variability

  Current APY is 0.00%; 30-day mean is 6.13%. Yields can change as TVL and incentive emissions change.

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