Logo of FelixFelix
Total Value Locked$106.89m

TVL by Chain

Hyperliquid L1$106.89m

Ethereum$15

Key Metrics

Fees (Annualized)$10.26m
Fees 30d$394,789

Hyperliquid L1$394,789

Fees 7d$92,316

Hyperliquid L1$92,316

Fees 24h$11,624

Hyperliquid L1$11,624

Cumulative Fees$16.1m

Hyperliquid L1$16.1m

Revenue (Annualized)$982,806
Revenue 30d$34,133

Hyperliquid L1$34,133

Revenue 7d$8,049

Hyperliquid L1$8,049

Revenue 24h$1,013

Hyperliquid L1$1,013

Cumulative Revenue$1.03m

Hyperliquid L1$1.03m

Perp Volume 30d$0
Perp Volume 30d by chain

Hyperliquid L1$0

Perp Volume 7d$0

Hyperliquid L1$0

Perp Volume 24h$0

Hyperliquid L1$0

Cumulative Perp Volume$3.54b

Hyperliquid L1$3.54b

$0

Protocol Information

Borrow against blue-chip collateral and earn native yield with the Felix stablecoin, feUSD

Category:Onchain Capital Allocator

WebsiteTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

Felix CDP - Total interest, redemption fees paid by borrowers and liquidation profitView code on GitHubFelix Vaults - Total yields from deposited assets in all curated vaults.View code on GitHubFelix USDhl - The yield generated by M, a wholesale dollar collateralized by short-term U.S TreasuriesView code on GitHubFelix Perps - Trading fees paid by users on Hyperliquid markets deployed by Felix protocol.View code on GitHub

Revenue:

Felix CDP - Share of borrow interest to protocol if anyView code on GitHubFelix Vaults - Yields are collected by curators.View code on GitHubFelix USDhl - 100% of the fees collected are distributed to users in WHYPE tokens, with allocations proportional to their activity on eligible venues, such as trading volume or LP provision, rather than simply holding USDHL.View code on GitHubFelix Perps - Half of the fees goes to the protocol and rest to hyperliquidView code on GitHub

Perp Volume: Notional volume of all trades including leverage on the perp exchange

Yields

Pools Tracked4

Average Supply APY5.86%

Competitors

Veda ($1.427b)Upshift ($350.26m)Lagoon ($127.34m)D2 Finance ($28.23m)Grove Finance ($2.408b)Spark Liquidity Layer ($1.744b)Concrete ($868.76m)ether.fi Liquid ($315.55m)Mellow Core ($217.52m)Aera V3 ($141.77m)

Frequently Asked Questions

What is Felix?

Borrow against blue-chip collateral and earn native yield with the Felix stablecoin, feUSD

What is Felix's TVL?

Felix currently has $106.89m in total value locked. TVL has decreased 4.4% over the past 30 days.

What chains does Felix operate on?

Felix operates on 2 chains: Hyperliquid L1 and Ethereum. Hyperliquid L1 holds the largest share at 100%.

How much has Felix generated in fees and revenue?

Over the past 30 days, Felix generated $394,789 in fees. Of that, $34,133 was protocol revenue. Based on the trailing year, the annualized rate is $10.26m in fees and $982,806 in revenue.

Which protocols are included in Felix?

Felix is a parent protocol whose tracked products include Felix Vaults, Felix CDP, Felix USDhl, and Felix Perps.

How much perpetual futures volume does Felix process?

Felix processed $0 in perpetual futures volume over the past 30 days.