Ramses CL V2 · Hyperliquid L1

WHYPE-UBTC (CL 0.14%)

Overview

The Ramses HL WHYPE-UBTC pool on Hyperliquid L1 is a liquidity position where providers earn fees from trading activity involving the WHYPE-UBTC pair. The protocol generates yield by charging trading fees and distributing them among liquidity providers based on their share of the pool. This pool stands out as one of several venues for this asset pair on the Hyperliquid L1 chain.

The total APY is 356.83%, with no base component, consisting solely of rewards from liquidity provision. Over the past week, the APY has increased by 194.49%, and over the last month, it has decreased by 61.30%. The current rate is below the 30-day mean of 318.32%, indicating a downward trend in yield expansion.

TVL currently stands at $30M with a notable decline over the past week. Given its relatively small size, this pool experiences significant volatility. Primary exposure for liquidity providers includes impermanent loss risk due to the multi-asset nature of the pool. The high trading activity and fee distribution mechanism ensure that liquidity depth is maintained, supporting stable yield generation despite market fluctuations.

Composed 2026-05-22 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 177.90%; 30-day mean is 191.73%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 86% confidence based on historical patterns.

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