Morpho Blue · Hyperliquid L1

WSTHYPE

Overview

The Morpho Blue WSTHYPE pool on Hyperliquid L1 is a single-asset lending position where suppliers earn variable interest on Wrapped StableTHYPE (WSTHYPE) deposits. Morpho Blue generates yield by routing borrowing demand against pooled liquidity and paying lenders from the resulting interest spread. This pool stands as one of several venues for WSTHYPE on this chain.

The total APY is 0%, with no base or reward component contributing to it. Trend data is not available for this pool, so current rates cannot be compared to historical performance. The lack of trend information suggests stable conditions without significant changes in yield generation over recent periods.

TVL currently stands at $82,703. Stability around the TVL figure indicates minimal fluctuation within a small liquidity base. Primary exposure here is smart-contract risk due to the protocol's reliance on code execution for interest calculations and payments. Given its niche status, this pool may have lower liquidity depth compared to more established lending venues, which could affect the responsiveness of supply-side rates to borrower demand.

Composed 2026-05-22 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.