nest CL · Hyperliquid L1

NEST-WHYPE (2%)

Overview

The NEST V1 NEST-WHYPE pool on Hyperliquid L1 is a multi-asset liquidity position that generates yield through trading fees. Users deposit tokens to provide liquidity for the NEST-WHYPE pair, earning rewards based on trade volume.

Total APY stands at 121.97%, entirely from reward incentives with no base yield component. The trend over the past week shows an increase of 15.93% and a decline of 130.55% over the last month, significantly below the 30-day mean of 268.24%.

TVL currently sits at $222K with no reported change over the previous seven days. The primary risk for this pool is impermanent loss due to its multi-asset nature. Liquidity depth in this DEX liquidity pool affects trading slippage and fee distribution among participants.

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 88.23%; 30-day mean is 89.09%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 92% confidence based on historical patterns.

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