Logo of HyperWaveHyperWave
Total Value Locked$2.21m

TVL by Chain

Hyperliquid L1$1.59m

Arbitrum$611,101.61

Base$8,279.84

Ethereum$3,502.12

Key Metrics

Fees 30d$4,998.52
Fees 30d by chain

Hyperliquid L1$4,998.52

Fees 7d$1,946.52

Hyperliquid L1$1,946.52

Fees 24h$449

Hyperliquid L1$449

Cumulative Fees$2.63m

Hyperliquid L1$2.86m

Revenue 30d$455.01
Revenue 30d by chain

Hyperliquid L1$455.01

Revenue 7d$105.64

Hyperliquid L1$105.64

Revenue 24h$21

Hyperliquid L1$21

Cumulative Revenue$16,750.07

Hyperliquid L1$16,750.07

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.

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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 GitHub

Yields

Pools Tracked4

Average Supply APY3.22%

Competitors

Pendle V2 ($1.241b)Spectra V2 ($29.19m)Equilibria ($13.82m)Toros ($7.62m)Harmonix Finance ($6.56m)Penpie ($6.26m)Royco V1 ($1.54m)Napier ($107,347.07)Spark Savings ($1.257b)Stake DAO Yield ($144.67m)

Frequently Asked Questions

What is HyperWave's TVL?

HyperWave currently has $2.21m in total value locked. TVL has increased 26.9% over the past 30 days.

What chains does HyperWave operate on?

HyperWave operates on 4 chains: Ethereum, Base, Arbitrum, and Hyperliquid L1. Hyperliquid L1 holds the largest share at 71.8%.

How much has HyperWave generated in fees and revenue?

Over the past 30 days, HyperWave generated $4,998.52 in fees. Of that, $455.01 was protocol revenue. Based on the trailing year, the annualized rate is $2.18m in fees and $18,904.37 in revenue.

How does HyperWave's TVL compare to similar protocols?

Among Yield protocols tracked by DefiLlama, HyperWave ranks #56 by TVL. The category holds $4.523b across 584 protocols, and HyperWave accounts for <0.1% of that total. Other leading protocols include Pendle V2, Spectra V2, Equilibria, Toros, Harmonix Finance, Penpie, Royco V1, Napier, Spark Savings, and Stake DAO Yield.

How many yield pools does HyperWave have?

DefiLlama tracks 4 HyperWave yield pools with an average APY of 3.2%.