HyperEVM app review

HyperLend risk and metric review

A source-led review frame for HyperLend lending markets, collateral assumptions, liquidation paths, and optional local TVL/APY context.

Last updated: 2026-05-11Last reviewed: 2026-08-20

Lending

How to read this page

This app page is not a recommendation. It separates app rules from third-party TVL or APY context so you can check the app before comparing any yield number.

Source
primary-source
Data
partial
Saved HyperLend market fields are point-in-time and partially complete; missing values stay missing instead of being guessed.

Native market fields

Saved HyperLend market fields are point-in-time and partially complete; missing values stay missing instead of being guessed.

partial
captured 2026-08-26T04:17:52.809Z
113 minutes old
  • 1 rate rows did not have matching reserve metadata
Active, unfrozen HyperLend markets from the documented market and rate endpoints
MarketTypeSupply APYBorrow APYBase LTVLiq. thresholdBorrowing
beHYPEcore0.00%0.02%59.00%74.00%enabled
kHYPEcore0.00%0.00%59.00%74.00%enabled
PT-kHYPE-24SEP2026core0.00%0.00%0.05%0.10%disabled
sUSDecore0.00%0.00%59.00%68.00%disabled
UBTCcore0.12%0.94%59.00%65.50%enabled
UETHcore2.28%3.82%65.00%75.50%enabled
USD₮0core5.22%8.20%62.00%71.40%enabled
USDCcore5.84%7.52%62.00%71.40%enabled
USDecore11.76%18.38%0.00%0.00%enabled
USDHcore0.11%4.61%62.00%71.40%enabled
USDHLcore30.01%103.79%0.00%0.00%enabled
USOLcore86.27%128.67%56.00%64.54%enabled
WHYPEcore0.62%0.99%65.00%81.47%enabled
wstHYPEcore0.00%0.01%59.00%74.00%enabled

Markets are listed alphabetically. Rates are point-in-time saved values that change continuously onchain; verify on the official HyperLend app before relying on any number.

Excluded markets (5)

These markets are not included in rate comparisons because their status is frozen, inactive, unknown, or expired.

  • 0x06Fd...97E5inactive or activation status unavailable
  • PT-kHYPE-13NOV2025principal token has expired
  • PT-kHYPE-19MAR2026principal token has expired
  • PT-sUSDE-25SEP2025principal token has expired
  • USRfrozen or freeze status unavailable

Primary data source: HyperLend's documented data/markets and data/markets/rates endpoints. Rates are snapshots, not promised returns.

Native data coverage

The table uses HyperLend's documented market-state and rate endpoints. Wallet-specific positions, incentives, execution quotes, and future returns are outside this snapshot and remain unavailable.

What to check

Read how the app works first, then decide which numbers matter. Missing values stay missing instead of being guessed.

Collateral markets and loan-to-value assumptions

Borrow cost, supply APY, and incentive-emission separation

Liquidation mechanics, oracle dependencies, and withdrawal liquidity

Risk tags

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.

Ecosystem directory

Return to the HyperEVM app directory and risk terms.

Vault risk checks

Compare yield and vault claims with the site's data rules.

Staking risk checks

Separate protocol yield risk from validator and delegation risk.

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