
10% discount
The WHYPE GM pool on Hyperswap V2 (Hyperliquid L1) currently yields 0.01% APY with $44.5K in total value locked. Deposit your WHYPE, GM and earn passive DeFi yield — no KYC, no lockup, self-custodied.
By APY Hub · Reviewed by Ankit Sharma ·
Start Earning 0.01%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.

10% discount

Fast delivery
Historical APY and TVL data for WHYPE GM, sourced from the DeFiLlama API. Use the charts to assess whether the current yield is a recent spike or a sustained rate. Sudden APY jumps often indicate new incentive programs — verify whether they are ongoing before making deposit decisions.
The WHYPE GM pool is a decentralized yield-generating position managed by the Hyperswap V2 protocol on the Hyperliquid L1 blockchain. Depositors provide WHYPE, GM liquidity and receive a share of the fees and rewards generated by pool activity — with no intermediaries, no KYC, and full on-chain transparency.
With 0.01% APY and $44.5K in total value locked, this pool represents an active liquidity opportunities in the Hyperliquid L1 DeFi ecosystem. The TVL figure reflects real user confidence — every dollar locked is a deposit from someone who chose this pool over thousands of alternatives.
Yield in WHYPE GM comes from trading fees and protocol activity (0.01% base APY). This fee-based yield is more sustainable than token-emission models since it directly reflects real economic activity through the pool.
Unlike centralized staking on exchanges, your deposit in WHYPE GM is secured by Hyperswap V2's open-source smart contracts on Hyperliquid L1. You can verify the exact contract addresses, see every transaction in the pool, and withdraw your position at any time without requiring anyone's permission.
This pool suits investors who already hold WHYPE, GM and want to put those assets to work beyond simply holding. Note that this is a multi-asset pool with impermanent loss risk — it suits investors who are comfortable holding both assets in the pair and are less concerned about optimizing the exact ratio.
Follow these steps to start earning 0.01% APY in the WHYPE GM pool. The entire process takes 15–30 minutes for first-time DeFi users.
| Step | Action | Details & Tips |
|---|---|---|
| 1 | Buy WHYPE, GM | Purchase on Bybit, BINGX, or MEXC. Choose the Hyperliquid L1 network for withdrawal to save bridging fees. |
| 2 | Set up a wallet | Install MetaMask or use a Ledger hardware wallet. Add the Hyperliquid L1 network if not auto-detected. |
| 3 | Get Hyperliquid L1 for gas | Buy a small amount of Hyperliquid L1's native token to pay transaction fees (usually $1–10 worth). |
| 4 | Connect to Hyperswap V2 | Visit the official Hyperswap V2 app. Bookmark the URL. Never use links from DMs or social media. |
| 5 | Approve & deposit | Approve the token spend, confirm the deposit transaction. Yield starts accruing in the next block. |
| 6 | Track & harvest | Check back regularly. Some pools require manual reward claims — harvest and reinvest to maximize APY. |
On Hyperliquid L1, expect to spend approximately $2–$30 in gas for the deposit and withdrawal transactions combined. At 0.01% APY, a $15952797 deposit recovers $5 in gas within a week. Scale your position accordingly — smaller deposits are better suited to low-fee chains.
Every DeFi investment involves risk. The table below summarizes the key risk factors specific to the WHYPE GM pool. Read carefully before depositing.
| Risk Factor | Level | Description |
|---|---|---|
| Impermanent Loss | ⚠️ Present | Multi-asset pool: if WHYPE, GM prices diverge significantly, your position value decreases relative to holding. Monitor price ratios actively. |
| Asset Price Risk | 🟡 Moderate–High | WHYPE, GM can lose significant value. Your position's USD value moves with the asset price, independent of your yield. |
| Exposure Type | 🟡 Multi Asset | Multi-asset exposure increases complexity. Understand how the pool rebalances before depositing. |
| Smart Contract | ⚠️ Inherent | All DeFi protocols carry smart contract risk. Verify Hyperswap V2's audit history before depositing. |
| Liquidity Risk | 🟡 Monitor | Lower TVL means larger deposits may face slippage on entry/exit. Check current depth before depositing. |
| Protocol Risk | 🟡 Verify audits | Review Hyperswap V2's documentation, audit reports, and community reputation before committing large positions. |
The current APY for the WHYPE GM pool on Hyperswap V2 is 0.01%. This rate updates daily based on pool utilization, trading volume, and protocol incentives. Always verify the live rate on the Hyperswap V2 interface before depositing, as rates can shift significantly within hours.
The total value locked (TVL) in the WHYPE GM pool is currently $44.5K. Higher TVL indicates greater user trust and deeper liquidity — larger positions can enter and exit with minimal price impact.
Acquire WHYPE, GM on a CEX like Bybit or BINGX, withdraw to a Hyperliquid L1-compatible wallet, visit the official Hyperswap V2 interface, connect your wallet, and deposit into the WHYPE GM pool. Your yield begins accruing immediately.
Hyperswap V2 is a DeFi protocol. As with all DeFi, smart contract risk is inherent. Check Hyperswap V2's audit history before depositing significant funds.
Connect your wallet to the Hyperswap V2 interface, navigate to your position, and select "Withdraw" or "Remove Liquidity." Your principal plus accrued yield returns to your wallet, minus gas fees on the Hyperliquid L1 network.
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.

10% discount

Fast delivery