Ramses CL V2 · Hyperliquid L1

UBTC-UETH (CL 0.08%)

Overview

The Ramses HL UBTC-UETH pool on Hyperliquid L1 is a multi-asset liquidity position where providers earn fees from trading volume in the decentralized exchange ecosystem. The protocol generates yield by facilitating trades between users and collecting transaction fees.

Total APY stands at 29.85%, composed of a base rate of 12.48% and an additional reward layer of 17.36%. Over the past week, the APY has increased by 5.48%, while over the last month it has declined by 45.12%, placing the current yield significantly below the 30-day mean of 34.5%.

TVL is currently $167K with no reported change over the past week. The primary risk for liquidity providers in this multi-asset pool is exposure to impermanent loss, which can occur if the price ratio between UBTC and UETH deviates from expectations during the holding period.

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 26.25%; 30-day mean is 83.70%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 74% confidence based on historical patterns.

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