Morpho Blue · Hyperliquid L1

KHYPE

Overview

The Morpho Blue KHYPE pool on Hyperliquid L1 is a lending position where suppliers earn variable interest on deposits of the native token, KHYPE. This protocol generates yield by matching supply and demand for KHYPE within its liquidity pools.

Total APY stands at 0%, with no additional reward component. The 7-day and 30-day trend data are unavailable, making it impossible to track recent changes in yield performance against historical averages.

TVL currently sits at $26.8M without a reported 7-day change. Given the single-asset nature of this pool and the absence of impermanent loss risk, primary exposure lies with smart-contract vulnerabilities. This lending pool's utilization rate reflects typical levels for Morpho Blue’s protocol category.

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

  Yields can change as TVL and incentive emissions change. The current APY is not a guarantee.

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