Ask about Felix
Logo of FelixFelix
Total Value Locked$107.56m

TVL by Chain

Hyperliquid L1$107.56m

Ethereum$15

Key Metrics

Fees (Annualized)$11.01m
Fees 30d$358,625

Hyperliquid L1$358,625

Fees 7d$94,787

Hyperliquid L1$94,787

Fees 24h$13,234

Hyperliquid L1$13,234

Cumulative Fees$15.95m

Hyperliquid L1$15.95m

Revenue (Annualized)$1.02m
Revenue 30d$30,408

Hyperliquid L1$30,408

Revenue 7d$8,244

Hyperliquid L1$8,244

Revenue 24h$1,121

Hyperliquid L1$1,121

Cumulative Revenue$1.02m

Hyperliquid L1$1.02m

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 APY6.26%

Competitors

Veda ($1.344b)Upshift ($273.2m)Lagoon ($131.59m)D2 Finance ($27.92m)Grove Finance ($2.443b)Spark Liquidity Layer ($1.633b)Concrete ($868.81m)ether.fi Liquid ($282.16m)Mellow Core ($195.31m)Aera V3 ($98.79m)

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 $107.56m in total value locked. TVL has decreased 17.9% 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 $358,625 in fees. Of that, $30,408 was protocol revenue. Based on the trailing year, the annualized rate is $11.01m in fees and $1.02m 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.