Ramses CL V2 · Hyperliquid L1

USDC-UETH (CL 0.08%)

Overview

The Ramses HL USDC-UETH pool on Hyperliquid L1 is a multi-asset liquidity position where providers earn yield from trading fees generated by the protocol's decentralized exchange activities. The pool symbolizes a combination of USDC and UETH, attracting users with its unique liquidity model.

Total APY stands at 36.38%, derived entirely from rewards rather than base interest. Over the past seven days, this rate has increased by 6.60%, while over the last thirty days it has declined by 69.15%. This current yield is significantly below the 30-day average of 75.32%.

TVL in the pool amounts to $258K with no reported change over the past week. The primary risk here involves impermanent loss due to the multi-asset nature of the liquidity position, exposing providers to price fluctuations between USDC and UETH. This Dexs-based model relies on sufficient liquidity depth to ensure efficient trading and stable fee generation.

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 95.16%; 30-day mean is 91.93%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 97% confidence based on historical patterns.

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