Project X · Hyperliquid L1

KMHYPE-KHYPE (1%)

Overview

The Project X KMHYPE-KHYPE pool on Hyperliquid L1 is a liquidity position token (LP token) for the DEX protocol, allowing users to provide liquidity for trading pairs and earn fees from trades executed against their pooled assets. The total APY stands at 0%, with no additional reward component. Over the past 30 days, the APY has decreased by 1.73% compared to the 30-day mean of 1.065%. TVL in this pool is $434K and there is no reported change over the last seven days. The primary risk exposure for multi-asset pools like this one includes impermanent loss, as users may lose out on gains if asset prices fluctuate while liquidity is locked up. Additionally, the depth of liquidity can impact trading fees earned by LPs, influencing overall yield potential.

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 0.02%; 30-day mean is 0.52%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 81% confidence based on historical patterns.

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