Ramses CL V2 · Hyperliquid L1

WHYPE-USDC (CL 0.12%)

Overview

The Ramses HL WHYPE-USDC pool on Hyperliquid L1 is a liquidity position for the token pair WHYPE-USDC, generating yield through automated market-making trades in decentralized exchanges. The protocol attracts trading volume and distributes fees to liquidity providers.

Total APY stands at 58.93%, comprised solely of rewards with no base yield component. Over the past week, the APY has declined by 53.44% and over the last month it dropped further by 31.05%. This current rate is significantly below the 30-day mean of 60.22%.

TVL in this pool totals $1.5M without a reported change over the past week. Given its multi-asset composition, liquidity providers face impermanent loss exposure. Depth and stability of trading pairs influence risk levels within this decentralized exchange environment.

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 42.93%; 30-day mean is 105.23%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 63% confidence based on historical patterns.

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