nest CL · Hyperliquid L1

WHYPE-UETH (0.15%)

Overview

The NEST V1 WHYPE-UETH pool on Hyperliquid L1 is a multi-asset liquidity position where providers earn trading fees by supplying liquidity to the decentralized exchange. The protocol generates yield through the interest-rate spread and trading fee accrual from market activity. This pool stands as one of several venues for providing liquidity in this asset pair on the Hyperliquid L1 chain.

The total APY is 298.28%, composed entirely of reward incentives, with no base yield component. The 7-day trend shows a significant increase at 168.98%, while 30-day trend data is not available for this pool. Compared to the 30-day mean of 80.28%, the current APY is notably higher, indicating expanding yields over the recent period.

TVL in the pool stands at $97M with a notable increase observed over the past week. The primary risk exposure here includes impermanent loss due to the multi-asset nature of the liquidity provision. Given its position within the decentralized exchange category, this pool benefits from relatively deep liquidity and active market participation, which contributes to stable fee generation despite high volatility in APY trends.

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 66.94%; 30-day mean is 111.04%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 60% confidence based on historical patterns.

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