Ecosystem checks

HyperEVM Ecosystem Checks

A plain directory for HyperEVM lending, DEX, stablecoin, and yield apps. This is not a yield ranking.

Last updated: 2026-05-08Last reviewed: 2026-05-08

Protocol directory

HyperEVM apps can sit close to Hyperliquid trading, but lending, DEX, stablecoin, and yield risks need separate checks. This directory is not a yield ranking or recommendation.

Read how the app works before reading any APY. Lending depends on collateral and liquidation rules. DEXs depend on depth and routing. Stablecoins depend on peg and redemption rules. Yield wrappers depend on the strategy they use.

Lending

HyperLend

Lending markets should be reviewed by collateral support, supply APY, borrow cost, liquidation parameters, oracle assumptions, and withdrawal liquidity.

Source
primary-source
Data
unavailable
Live yield metrics are unavailable until a timestamped primary source or parser is connected.
Third-party TVL context
Unavailable
Top matched pool APY
Unavailable
Risk tags
smart-contract, oracle, liquidity, liquidation
DEX

KittenSwap

DEX markets should be reviewed by AMM design, pool depth, routing, fee tiers, token concentration, incentive emissions, and smart-contract dependencies.

Source
primary-source
Data
unavailable
Live yield metrics are unavailable until a timestamped primary source or parser is connected.
Third-party TVL context
Unavailable
Top matched pool APY
Unavailable
Risk tags
smart-contract, liquidity, incentive-emissions
Stablecoin and lending

Felix / USDhl

Stablecoin and lending products should be reviewed by collateral design, peg support, redemption mechanics, liquidation paths, custody assumptions, and oracle dependencies.

Source
primary-source
Data
unavailable
Live yield metrics are unavailable until a timestamped primary source or parser is connected.
Third-party TVL context
Unavailable
Top matched pool APY
Unavailable
Risk tags
smart-contract, oracle, liquidation, stablecoin-peg, liquidity
Yield and lending

Hyperbeat

Yield wrappers and meta-vaults should be reviewed by strategy path, underlying protocol exposure, rehypothecation, liquidity, incentive durability, and smart-contract risk.

Source
primary-source
Data
unavailable
Live yield metrics are unavailable until a timestamped primary source or parser is connected.
Third-party TVL context
Unavailable
Top matched pool APY
Unavailable
Risk tags
smart-contract, oracle, liquidity, incentive-emissions, rehypothecation

Optional saved data

HyperEVM metric snapshot

unavailable

This section reads an optional local or self-hosted snapshot. When present, values are labeled as free third-party context from DeFiLlama and should be verified against protocol sources before becoming publishable claims.

Metrics unavailable

A local or self-hosted collector needs to create the optional snapshot. Production does not call third-party endpoints while the page loads.

Yield-risk checklist

Use this checklist before comparing apps. It is slower than a leaderboard because yield pages can mislead readers when incentives, oracles, withdrawals, or collateral rules change.

  • Treat APY as a timestamped data point, not a future return.
  • Separate base yield from incentive emissions.
  • Check oracle, liquidation, collateral, and withdrawal mechanics before comparing rates.
  • Do not assume HyperEVM protocol risk is the same as HyperCore trading risk.

Risk terms

There is no best-yield table here. Yield needs a source, timestamp, app notes, and risk checks before it is useful.

  • Smart-contract risk: Contract bugs, upgrade permissions, external integrations, and dependency failures may outweigh a protocol's headline yield.
  • Oracle risk: Lending, stablecoin, vault, and DEX products can break when price sources lag, fail, or disagree during volatile conditions.
  • Liquidity risk: Exits can depend on pool depth, borrow utilization, withdrawal queues, bridge conditions, and the state of underlying strategies.
  • Liquidation risk: Borrowing and collateralized products can force losses when collateral value, margin rules, or oracle prices move against the account.
  • Stablecoin peg risk: Stablecoin products need redemption, collateral, reserve, and governance review before assuming a quoted dollar value will hold.
  • Incentive emissions risk: Temporary rewards can inflate APY, TVL, and user behavior, then disappear faster than base protocol demand.
  • Rehypothecation risk: Meta-vaults and yield wrappers can route funds through multiple protocols, making underlying exposure harder to see from one headline number.

Numbers We Need

These numbers stay hidden until a primary source can provide timestamped APY, TVL, borrow cost, and incentive data.

Supply APY

Supply APY is unavailable until a timestamped primary source is connected.

Borrow cost

Borrow cost is unavailable until a timestamped primary source is connected.

TVL

TVL is unavailable until a timestamped primary source is connected.

Incentive APY

Incentive APY is unavailable until a timestamped primary source is connected.

Missing App Data

These app-specific fields stay hidden until primary sources can provide timestamped values. Third-party context does not fill these rows.

HyperLend

  • Collateral markets: Collateral markets are unavailable until a timestamped primary source is connected.
  • Supply APY: Supply APY is unavailable until a timestamped primary source is connected.
  • Borrow cost: Borrow cost is unavailable until a timestamped primary source is connected.
  • Liquidation parameters: Liquidation parameters are unavailable until a timestamped primary source is connected.

KittenSwap

  • Pool depth: Pool depth is unavailable until a timestamped primary source is connected.
  • Fee tiers: Fee tiers are unavailable until a timestamped primary source is connected.
  • Pool volume: Pool volume is unavailable until a timestamped primary source is connected.
  • Incentives: Incentives are unavailable until a timestamped primary source is connected.

Felix / USDhl

  • Collateralization: Collateralization is unavailable until a timestamped primary source is connected.
  • Redemption mechanics: Redemption mechanics are unavailable until a timestamped primary source is connected.
  • Peg context: Peg context is unavailable until a timestamped primary source is connected.
  • Borrow cost: Borrow cost is unavailable until a timestamped primary source is connected.

Hyperbeat

  • Strategy exposure: Strategy exposure is unavailable until a timestamped primary source is connected.
  • Withdrawal liquidity: Withdrawal liquidity is unavailable until a timestamped primary source is connected.
  • Incentives: Incentives are unavailable until a timestamped primary source is connected.
  • Strategy TVL: Strategy TVL is unavailable until a timestamped primary source is connected.

Sources To Check

These public sources are candidates for future checks. App-native numbers stay hidden until HypeBasis captures timestamped fields and the exact source path.

HyperLend

  • HyperLend docs review: Primary metrics remain unavailable until a source-specific parser is wired and timestamped.
  • HyperLend API market parser: A source-specific parser boundary is ready, but primary metrics remain unavailable until a fetcher or snapshot store is wired.

KittenSwap

  • KittenSwap docs review: Primary metrics remain unavailable until a source-specific parser is wired and timestamped.

Felix / USDhl

  • Felix docs review: Primary metrics remain unavailable until a source-specific parser is wired and timestamped.
  • USDhl docs review: Primary metrics remain unavailable until a source-specific parser is wired and timestamped.

Hyperbeat

  • Hyperbeat docs review: Primary metrics remain unavailable until a source-specific parser is wired and timestamped.

Staking checks

Review validator and delegation mechanics separately from yield products.

Vault checks

Review public vault data and copy-trading risk.

Sources and corrections

See how ecosystem claims are checked and refreshed.

Risk notice
Crypto perpetuals and leveraged trading are high risk. You can lose money through liquidation, funding, slippage, oracle issues, protocol failures, and market volatility.

Sources