Logo of Hyperstable CDPHyperstable CDP(PEG)

Total Value Locked$163,567

TVL by Chain

Hyperliquid L1$163,567

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

Reservoir Protocol ($70.78m)Felix CDP ($30.6m)Parallel Protocol V3 ($832,637)Delpho ($318,327)HypeZion Finance ($55,726)Keiko Finance ($359.19)Sky Lending ($5.994b)USDD ($1.293b)Liquity V1 ($184.74m)crvUSD ($155.17m)

Frequently Asked Questions

What is Hyperstable CDP's TVL?

Hyperstable CDP currently has $163,567 in total value locked. TVL has increased 1% 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 #81 by TVL. The category holds $8.222b across 199 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, Liquity V1, and crvUSD.