nest AMM · Hyperliquid L1

NEST-WHYPE

Overview

The NEST V1 NEST-WHYPE pool on Hyperliquid L1 is a liquidity position for a multi-asset pair, generating yield through trading fees from the decentralized exchange activity. Traders provide liquidity to earn shares of the pool proportional to their contribution.

Total APY stands at 24.94%, entirely driven by reward incentives with no base yield component. Over the past week, the rate has decreased by 4.70% and over the last month it increased by 3.05%. This current rate is below the 30-day average of 37.40%.

TVL in this pool totals $309K with no reported change over the previous seven days. The primary risk here involves impermanent loss due to the multi-asset composition, exposing liquidity providers to price fluctuations between NEST and WHYPE tokens.

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 41.70%; 30-day mean is 46.45%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 96% confidence based on historical patterns.

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