Project X · Hyperliquid L1

USDC-USD₮0 (0.01%)

Overview

The Project X USDC-USD€0 pool on Hyperliquid L1 is a liquidity position where providers earn fees from trading activities within the Dexs protocol category. The pool facilitates token swaps and generates yield based on transaction volume. Total APY stands at 2.43%, with no additional reward component. Over the past week, this rate has risen by 1.82% and over the last month it increased by 1.49%, placing it above the 30-day mean of 1.76%. TVL currently sits at $629K. This multi-asset pool exposes liquidity providers to impermanent loss risk due to price fluctuations. Given its role in a decentralized exchange, this pool benefits from high liquidity depth, enhancing trading efficiency and fee generation 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 0.55%; 30-day mean is 1.92%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 91% confidence based on historical patterns.

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