Logo of Hyperstable CDPHyperstable CDP(PEG)
Total Value Locked$127,012.25

TVL by Chain

Hyperliquid L1$127,012.25

Protocol Information

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

Category:CDP

Audits:

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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

Reservoir Protocol ($33.09m)Felix CDP ($31.23m)Parallel Protocol V3 ($2.05m)Delpho ($252,848.05)HypeZion Finance ($56,216.58)Keiko Finance ($20,026.68)

Frequently Asked Questions

What is Hyperstable CDP?

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

What is Hyperstable CDP's TVL?

Hyperstable CDP currently has $127,012.25 in total value locked. TVL has decreased 17% 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%.