Logo of Hyperstable CDPHyperstable CDP(PEG)
Total Value Locked$149,490.23

TVL by Chain

Hyperliquid L1$149,490.23

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 ($73.74m)Felix CDP ($31.53m)Parallel Protocol V3 ($1.54m)Delpho ($473,092.23)HypeZion Finance ($49,539.99)Keiko Finance ($316.02)Sky Lending ($5.369b)USDD ($1.241b)Lista CDP ($225.18m)Liquity V1 ($174.96m)

Frequently Asked Questions

What is Hyperstable CDP's TVL?

Hyperstable CDP currently has $149,490.23 in total value locked. TVL has increased 17.3% 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 $7.673b across 203 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.