Project X · Hyperliquid L1

VKHYPE-KHYPE (0.2%)

Overview

The Project X VKHYPE-KHYPE pool on Hyperliquid L1 is a liquidity position where providers earn fees from trading activities involving the VKHYPE-KHYPE token pair. This DeFi protocol generates yield by facilitating trades and collecting transaction fees from users.

Total APY stands at 0%, with no reward component. The 7-day trend shows a decline of 3.07% and the 30-day trend indicates a drop of 2.4%, placing the current rate below the 30-day mean of 1.62%.

TVL is $537K, with multi-asset exposure increasing impermanent loss risk for liquidity providers. This pool's liquidity depth supports trading volume but exposes participants to volatility from price fluctuations across multiple assets.

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 0.50%; 30-day mean is 0.17%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 52% confidence based on historical patterns.

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