Logo of Hyperstable CDPHyperstable CDP(PEG)
Total Value Locked$149,966.01

TVL by Chain

Hyperliquid L1$149,966.01

Protocol Information

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

WebsiteX/Twitter
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

Reservoir Protocol ($75.55m)Felix CDP ($31.29m)Parallel Protocol V3 ($1.67m)Delpho ($472,995.71)HypeZion Finance ($49,111.46)Keiko Finance ($323.34)Sky Lending ($5.133b)USDD ($1.253b)Lista CDP ($225.65m)Liquity V1 ($174.2m)

Frequently Asked Questions

What is Hyperstable CDP's TVL?

Hyperstable CDP currently has $149,966.01 in total value locked. TVL has increased 13.9% 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 $7.442b across 201 protocols, and Hyperstable CDP accounts for <0.1% of that total. Other leading protocols include Reservoir Protocol, Felix CDP, Parallel Protocol V3, Delpho, HypeZion Finance, Keiko Finance, Sky Lending, USDD, Lista CDP, and Liquity V1.