Project X · Hyperliquid L1

WHYPE-KHYPE (0.01%)

Overview

The Project X WHYPE-KHYPE pool on Hyperliquid L1 is a multi-asset liquidity position that generates yield through trading fees from decentralized exchange activities. Users deposit both WHYPE and KHYPE tokens to provide liquidity for the pair, earning revenue from swaps executed against their pooled assets.

Total APY stands at 56.38%, with no additional reward component. Over the past seven days, this rate has increased by 47.78%, while over the last thirty days it has decreased by 51.5%. This current yield exceeds the 30-day average of 46.48%.

TVL currently sits at $2.82M with no reported change in the past week. The primary risk for this pool is impermanent loss due to its multi-asset nature, exposing liquidity providers to price fluctuations between WHYPE and KHYPE tokens. This pool's liquidity depth supports robust trading activity on Project X’s decentralized exchange platform.

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 0.35%; 30-day mean is 0.38%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 62% confidence based on historical patterns.

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