Hyperliquid L1 DeFi Staking & Yield Pools

Discover the best yield opportunities on the Hyperliquid L1 blockchain. APY Hub tracks 100 active pools across 19 protocols with a combined TVL of $1.65B. Whether you're looking for conservative stablecoin yield or aggressive high-APY strategies, Hyperliquid L1's DeFi ecosystem has options for every risk profile.

Buy Crypto & Earn on Hyperliquid L1

Network Statistics

Active Pools

100

Total TVL

$1.65B

Best APY

113.58%

Protocols

19

Stable Pools

15

Buy Crypto & Start Earning on Hyperliquid L1

Affiliate disclosure: APY Hub may earn a commission from partner links on this page. Bonuses and rates are subject to each exchange's terms; verify current offers before depositing.

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Top Pools on Hyperliquid L1

The table below shows the top 20 pools on Hyperliquid L1 by TVL. Click any pool for its full APY history, risk analysis, and step-by-step staking guide.

PoolProtocolAPYTVLTags
KHYPE Kinetiq Khype 0.04% $726.73M
KHYPE Hyperlend Pooled 0.00% $255.19M
KHYPE Morpho V1 0.00% $86.03M
KHYPE Morpho V1 0.00% $45.90M
FEHYPE Morpho V1 6.88% $34.54M
WHYPE Hyperlend Pooled 4.54% $26.89M
KHYPE Morpho V1 0.00% $24.91M
WSTHYPE Hyperlend Pooled 0.00% $24.66M
FEUSDC Morpho V1 5.48% $23.22M Stable
KHYPE Pendle 2.75% $17.22M
KHYPE Pendle 4.36% $17.22M
KHYPE Hypurrfi Pooled 0.01% $16.67M
USDT0 Altura 19.11% $14.29M Stable
UBTC Hyperlend Pooled 0.32% $14.13M
USDC Hyperlend Pooled 4.52% $14.10M Stable
USDT Merkl 20.01% $13.83M Stable
LHYPE Looped Hype 0.00% $13.71M
WHYPE Morpho V1 0.00% $13.13M
USDH Merkl 1.40% $12.34M Stable
FEUSDT0 Morpho V1 11.25% $12.05M Stable

View all 100 Hyperliquid L1 pools →

DeFi on Hyperliquid L1 — Complete Guide

The Hyperliquid L1 blockchain provides the infrastructure for a DeFi ecosystem spanning 19 tracked protocols. These protocols collectively offer 100 yield pools with $1.65B in deposited capital, enabling crypto holders to earn passive yield through liquidity provision, lending, staking, and automated strategies.

Participating in DeFi on Hyperliquid L1 means interacting directly with smart contracts via a Web3 wallet — no intermediaries, no KYC, full custody of your assets. Yield accrues directly in your wallet based on your share of the pool, claimable at any time. The trade-offs: you're responsible for your own security decisions, and there's no FDIC protection or similar guarantees.

Pool Types Available on Hyperliquid L1

The 100 pools tracked on Hyperliquid L1 span several DeFi categories, each with different mechanics, yield sources, and risk profiles. Understanding the pool type before depositing is critical to setting appropriate expectations.

Hyperliquid L1 Pool Types Overview
Pool TypeHow Yield Is GeneratedMain RiskIL Risk
Stablecoin pools (15 pools)Lending interest or stable AMM feesSmart contract, depeg eventsMinimal
Single-asset stakingProtocol incentives or lending ratesSmart contract, token priceNone
AMM liquidity pairsTrading fee share (0.01–1% per swap)Impermanent loss24 pools marked IL
Lending marketsInterest paid by borrowersBad debt, oracle riskNone
Yield aggregatorsAuto-compounded multi-strategyCompound protocol riskVaries

Getting Started on Hyperliquid L1

If this is your first time using DeFi on Hyperliquid L1, follow this step-by-step process. The most common mistake is rushing through — take time to verify each contract address from official documentation before connecting your wallet.

Step-by-Step Guide to Staking on Hyperliquid L1
StepActionWhat to Watch For
1Set up a Web3 wallet (MetaMask, Rabby, or Ledger hardware wallet)Write down seed phrase offline, never digitally
2Purchase tokens on a CEX (Bybit, BINGX, MEXC)Confirm you're withdrawing to Hyperliquid L1 network
3Withdraw tokens to your wallet on Hyperliquid L1Keep native token for gas fees
4Navigate to the protocol's official dAppVerify the URL matches official docs exactly
5Connect wallet and select a poolCheck APY breakdown: base vs reward APY
6Approve token spending and depositEach approval costs gas — combine if possible
7Monitor position weeklyTrack APY changes; exit if risk profile shifts

Gas Fees and Break-Even Calculation

Every transaction on Hyperliquid L1 requires a gas fee paid in the network's native token. Before depositing, calculate your break-even: total estimated gas cost (enter + exit, at minimum) divided by your expected daily yield. If you plan to claim rewards regularly, add those transaction costs too.

Example: if entering and exiting costs the equivalent of $10 in gas, and your pool earns $3/day at current APY on your deposit size, you need to stay in the pool for at least 4 days to break even on gas. For smaller positions on high-fee chains, gas can consume a disproportionate share of yield — in those cases, lower-fee chains are the better option.

Risk Management on Hyperliquid L1

DeFi risk management starts with protocol selection. For Hyperliquid L1, prioritize pools with: (1) Audit history — multiple independent audits from reputable firms, (2) TVL history — sustained TVL over 6+ months signals user trust, (3) Known protocol — well-established names like Aave or Uniswap on any chain, even new deployments, carry less unknown risk than novel protocols.

Position sizing matters as much as protocol selection. A diversified DeFi allocation across multiple protocols — rather than concentrating all capital in the single highest-APY pool — significantly reduces your exposure to any single smart contract failure. Most experienced DeFi users cap any single pool position at 10–20% of their total DeFi allocation.

Frequently Asked Questions

What is the best APY on Hyperliquid L1?

The highest current APY on Hyperliquid L1 tracked by APY Hub is 113.58%. Rates vary daily based on trading volume, liquidity levels, and protocol incentive programs. High-APY pools often carry higher risk — verify whether the yield comes from sustainable fee income or from token emissions before depositing.

Which DeFi protocols are on Hyperliquid L1?

APY Hub tracks 19 protocols on Hyperliquid L1: kinetiq-khype, hyperlend-pooled, morpho-v1, pendle, hypurrfi-pooled, and more. Each protocol offers different pool mechanics — lending, AMM, liquid staking, or yield aggregation. Click any pool above to see its protocol's full offering.

How do I start staking on Hyperliquid L1?

To stake on Hyperliquid L1: (1) Acquire the tokens you want to stake from a centralized exchange, (2) set up a Web3 wallet compatible with Hyperliquid L1, (3) bridge or withdraw tokens directly to Hyperliquid L1, (4) visit the protocol's official dApp, (5) connect your wallet and deposit into your chosen pool. Your yield begins accruing immediately.

What are the gas fees on Hyperliquid L1?

Gas fees on Hyperliquid L1 depend on network congestion and transaction complexity. DeFi interactions (deposits, withdrawals, claims) each require a gas fee in Hyperliquid L1's native token. Factor gas costs into your yield calculations — if entry + exit gas costs equal one week of yield earnings, your break-even is 7 days minimum.

Is DeFi on Hyperliquid L1 safe?

DeFi on Hyperliquid L1 carries the same categories of risk as any blockchain: smart contract vulnerabilities, oracle manipulation, impermanent loss (for multi-asset pools), and market price risk on deposited assets. Mitigate these by using audited, high-TVL protocols, starting with stablecoin pools, and never depositing more than you can afford to lose.

Top Exchanges to Buy Crypto for Hyperliquid L1 DeFi

Affiliate disclosure: APY Hub may earn a commission from partner links on this page. Bonuses and rates are subject to each exchange's terms; verify current offers before depositing.

Tangem
Safe wallet

10% discount

Ledger
Secure hardware wallet

Fast delivery