Total Value Locked$1.8m
TVL by Chain
Hyperliquid L1$1.08m
Arbitrum$710,921.46
Base$8,260.24
Ethereum$3,532.76
Key Metrics
Fees (Annualized)$2.43m
Fees 30d$4,700
Hyperliquid L1$4,700
Fees 7d$1,125
Hyperliquid L1$1,125
Fees 24h$174
Hyperliquid L1$174
Cumulative Fees$2.63m
Hyperliquid L1$2.85m
Revenue (Annualized)$19,821.19
Revenue 30d$419
Hyperliquid L1$419
Revenue 7d$101
Hyperliquid L1$101
Revenue 24h$16
Hyperliquid L1$16
Cumulative Revenue$16,400
Hyperliquid L1$16,400
Protocol Information
Hyperwave is building the House of Payments—an onchain forex layer that reroutes global payments onto Hyperliquid. hwHLP is a tokenized form of the HLP vault, and hwHYPE is a vault that delivers the best risk-adjusted return for your HYPE.
Category:Yield
Audits:
Methodology
TVL: TVL represents the sum of tokens deposited in the vault + HLP positions + HyperCore Spot positions.View code on GitHubFees: Yields generated from HLP and hwHYPE vaults.View code on GitHubRevenue: Yields collected by protocol as revenue, currently, no revenue.View code on GitHubYields
Pools Tracked4
Average Supply APY3.43%
Competitors
Frequently Asked Questions
What is HyperWave?
Hyperwave is building the House of Payments—an onchain forex layer that reroutes global payments onto Hyperliquid. hwHLP is a tokenized form of the HLP vault, and hwHYPE is a vault that delivers the best risk-adjusted return for your HYPE.
What is HyperWave's TVL?
HyperWave currently has $1.8m in total value locked. TVL has decreased 5% over the past 30 days.
What chains does HyperWave operate on?
HyperWave operates on 4 chains: Base, Ethereum, Arbitrum, and Hyperliquid L1. Hyperliquid L1 holds the largest share at 59.9%.
How much has HyperWave generated in fees and revenue?
Over the past 30 days, HyperWave generated $4,700 in fees. Of that, $419 was protocol revenue. Based on the trailing year, the annualized rate is $2.43m in fees and $19,821.19 in revenue.
How does HyperWave's TVL compare to similar protocols?
Among Yield protocols tracked by DefiLlama, HyperWave ranks #57 by TVL. The category holds $4.34b across 558 protocols, and HyperWave accounts for <0.1% of that total. Other leading protocols include Pendle, Spark, and Convex Finance.
How many yield pools does HyperWave have?
DefiLlama tracks 4 HyperWave yield pools with an average APY of 3.4%.
