Logo of Felix USDhlFelix USDhl
Total Value Locked$1.04m

TVL by Chain

Hyperliquid L1$1.04m

Ethereum$15.14

Key Metrics

Fees (Annualized)$168,721
Fees 30d$0

Hyperliquid L1$0

Fees 7d$0

Hyperliquid L1$0

Fees 24h$0

Hyperliquid L1$0

Cumulative Fees$201,409

Hyperliquid L1$201,409

Revenue (30d Run Rate)$0
Revenue 30d$0

Hyperliquid L1$0

Revenue 7d$0

Hyperliquid L1$0

Revenue 24h$0

Hyperliquid L1$0

Cumulative Revenue$0

Hyperliquid L1$0

Protocol Information

USDhl is a fiat stable custom-built for the Hyperliquid ecosystem, serving as a building block for HIP-3, fx, payments, and more

Category:Yield

WebsiteTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: The yield generated by M, a wholesale dollar collateralized by short-term U.S TreasuriesView code on GitHubRevenue: 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 GitHub

Competitors

Pendle ($1.063b)Spectra V2 ($29.68m)Royco V1 ($17.33m)Equilibria ($10.88m)Toros ($6.95m)Spark Savings ($1.106b)Convex Finance ($500.17m)Lorenzo sUSD1+ ($152.81m)Stake DAO ($106.48m)infiniFi ($62.4m)