Logo of Hyperstable CDPHyperstable CDP(PEG)
Total Value Locked$162,418.51

TVL by Chain

Hyperliquid L1$162,418.51

Protocol Information

Hyperstable is a crypto-backed, over-collateralized and decentralized stablecoin that's designed to trade at one US Dollar. Built on HyperEVM.

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Category:CDP

Audits:

Methodology

TVL: Counts the total assets posted as collateral for TVL. For borrowed, calculates USH total supply × USH price from the protocol's price oracle (Pyth). Pool2 includes Curve LP positions staked in the protocol's staking contracts.View code on GitHub

Competitors

Felix CDP ($37.52m)Reservoir Protocol ($23.44m)Parallel Protocol V3 ($2.13m)Delpho ($471,950.08)HypeZion Finance ($74,324.67)Keiko Finance ($346.71)Sky Lending ($5.73b)USDD ($1.263b)Lista CDP ($274.74m)Liquity V1 ($185.69m)

Frequently Asked Questions

What is Hyperstable CDP's TVL?

Hyperstable CDP currently has $162,418.51 in total value locked. TVL has increased 29.7% over the past 30 days.

What chains does Hyperstable CDP operate on?

Hyperstable CDP operates on Hyperliquid L1. Hyperliquid L1 holds the largest share at 100%.

How does Hyperstable CDP's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, Hyperstable CDP ranks #85 by TVL. The category holds $8.079b across 203 protocols, and Hyperstable CDP accounts for <0.1% of that total. Other leading protocols include Felix CDP, Reservoir Protocol, Parallel Protocol V3, Delpho, HypeZion Finance, Keiko Finance, Sky Lending, USDD, Lista CDP, and Liquity V1.