Logo of Hyperstable CDPHyperstable CDP(PEG)
Total Value Locked$168,765.64

TVL by Chain

Hyperliquid L1$168,765.64

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:

WebsiteTwitter

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 ($36.16m)Reservoir Protocol ($26.81m)Parallel Protocol V3 ($2.13m)Delpho ($404,365.93)HypeZion Finance ($77,652.57)Keiko Finance ($29.01)Sky Lending ($5.723b)USDD ($1.28b)Lista CDP ($275.86m)Liquity V1 ($179.24m)

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 $168,765.64 in total value locked. TVL has increased 28.2% 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 #83 by TVL. The category holds $8.017b 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.