nest CL · Hyperliquid L1

WHYPE-KHYPE (0.01%)

Overview

The NEST V1 WHYPE-KHYPE pool on Hyperliquid L1 is a liquidity position where providers earn fees from trading activities involving the WHYPE-KHYPE token pair. This decentralized exchange protocol generates yield by facilitating trades and collecting transaction fees.

Total APY stands at 12.51%, entirely composed of rewards with no base lending component. The 7-day trend shows a decline of 1.01% while the 30-day trend indicates a drop of 25.41%. This current rate is below the 30-day mean of 20.09%.

TVL stands at $3.35M with no reported change over the past week. The primary risk here involves impermanent loss exposure due to the multi-asset nature of the pool. Liquidity providers face fluctuating token values that can result in losses compared to holding tokens outside the liquidity pool.

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 5.81%; 30-day mean is 12.75%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 87% confidence based on historical patterns.

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