nest CL · Hyperliquid L1

KNTQ-KHYPE (0.25%)

Overview

The NEST V1 KNTQ-KHYPE pool on Hyperliquid L1 is a multi-asset liquidity position where providers earn trading fees from the decentralized exchange's operations. The protocol generates yield by charging users for trades and distributing these fees to liquidity providers. This pool stands as one of several venues for this asset pair within the NEST V1 ecosystem.

The total APY is 128.15%, with no base component, generated entirely through rewards. Over the past seven days, the APY has decreased by 8.85% and over thirty days, it has fallen by 5.82%. The current rate is below the 30-day mean of 197.66%, indicating a trend toward lower yields.

TVL in this pool is $69,937. Over the past week, TVL declined slightly, reflecting modest outflows relative to its size. Primary exposure for liquidity providers includes impermanent loss risk due to the multi-asset nature of the pool. Given that NEST V1 operates as a decentralized exchange, liquidity depth and trading volume are key factors influencing yield stability and provider returns.

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.

• 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 342.46%; 30-day mean is 106.31%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 97% confidence based on historical patterns.

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