Project X · Hyperliquid L1

WHYPE-UBTC (0.3%)

Overview

The Project X WHYPE-UBTC pool on Hyperliquid L1 is a liquidity provision position for the WHYPE-UBTC token pair within decentralized exchanges, generating yield through trading fees collected by the protocol. Total APY stands at 30.29%, with no additional reward component. The 7-day trend shows an increase of 15.34% and the 30-day trend indicates a rise of 15.16%, placing the current rate above the 30-day mean of 27.68%. TVL is $7.4M, with no reported change over the past week; primary exposure includes impermanent loss risk due to the multi-asset nature of the pool. Liquidity depth on this platform influences trading fees and slippage for users engaging in swaps or providing liquidity.

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 19.54%; 30-day mean is 33.44%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 76% confidence based on historical patterns.

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