DeFiEarns

Hyperliquid DeFi yields: best APY for lending, staking and LPs

65 liquid pools from 18 protocols on Hyperliquid, sorted by liquidity. Live APY, base/reward split, 30-day average and risk flags.

16.66%
Best APY (liquid)
0.67%
Median APY
5.72%
Stablecoin median
$1.89B
Liquidity
18
Protocols
All pools Stablecoins Single asset Best APY Kinetiq kHYPE HyperLend Pooled Morpho Blue Felix CDP Harmonix Finance Liminal Basis
Pool APY 30d avg TVL ▾ 30d Risk
KHYPE Kinetiq kHYPE 1.90% base 1.90% 1.96% $992.3M Single Stable/Up Deposit ↗
KHYPE HyperLend Pooled 0.00% base 0.00% 0.00% $276.5M Single Deposit ↗
WHYPE Morpho Blue 0.00% base 0.00% 0.00% $81.1M Single Deposit ↗
WHYPE HyperLend Pooled 0.54% base 0.54% 0.75% $62.8M Single Stable/Up Deposit ↗
WSTHYPE HyperLend Pooled <0.01% base <0.01% <0.01% $58.0M Single Stable/Up Deposit ↗
KHYPE Morpho Blue 0.00% base 0.00% 0.00% $39.7M Single Deposit ↗
KHYPE Morpho Blue 0.00% base 0.00% 0.00% $36.1M Single Deposit ↗
KHYPE Morpho Blue 0.00% base 0.00% 0.00% $26.7M Single Deposit ↗
WHYPE Felix CDP 0.00% 0.00% $25.7M Single Deposit ↗
USDC HyperLend Pooled 5.00% base 5.00% 5.61% $20.7M Stable Single Stable/Up Deposit ↗
USDC Harmonix Finance 7.05% base 7.05% 6.79% $20.3M Stable Single Stable/Up Deposit ↗
SKNTQ Kinetiq kHYPE 10.95% base 10.95% 11.90% $18.8M Single Down Deposit ↗
PT-KHYPE-24SEP2026 HyperLend Pooled 0.00% base 0.00% 0.00% $18.0M LP IL Deposit ↗
FEHYPE Morpho Blue 1.08% base 1.08% 1.99% $15.8M Single Down Deposit ↗
K3USDC Morpho Blue 6.42% base 6.42% 5.51% $13.9M Stable Single Down Deposit ↗
WHYPE Morpho Blue 0.00% base 0.00% 0.00% $13.4M Single Deposit ↗
D2HYPE D2 Finance 0.00% base 0.00% 0.00% $11.4M Single Deposit ↗
KHYPE Morpho Blue 0.00% base 0.00% 0.00% $11.2M Single Deposit ↗
FEUSDCV2 Morpho Blue 6.08% base 6.08% 5.54% $10.0M Stable Single Down Deposit ↗
UBTC HyperLend Pooled 0.14% base 0.14% 0.13% $9.7M Single Stable/Up Deposit ↗
LIMUSD Liminal Basis · Diversified Hyperliquid yield 7.24% base 7.24% 5.44% $9.4M Stable Single Stable/Up Deposit ↗
LHYPE Looped Hype 0.00% base 0.00% 2.59% $8.4M Single Deposit ↗
FEUSDC Morpho Blue 5.72% base 5.72% 5.83% $8.1M Stable Single Down Deposit ↗
XHYPE Liminal Basis · Delta-neutral yield 3.39% base 3.39% 6.56% $6.7M Single Stable/Up Deposit ↗
FEUSD Felix CDP · WHYPE Stability Pool 5.72% 6.75% $5.5M Stable Single Stable/Up Deposit ↗
FEUSDT0 Morpho Blue 5.55% base 5.55% 6.73% $4.9M Stable Single Stable/Up Deposit ↗
KHYPE Pendle V2 · For buying PT-kHYPE-24SEPT2026 2.78% base 2.78% 2.53% $4.9M Single Down Deposit ↗
KHYPE Pendle V2 · For LP | Maturity 24SEPT2026 2.44% base 2.09% + reward 0.35% 2.38% $4.9M Single Stable/Up Deposit ↗
WHYPE-KHYPE nest CL · 0.01% 31.33% + reward 31.33% 16.66% $4.8M LP IL Reward-heavy Down Deposit ↗
XLEND Liminal Basis · Money market yield 5.85% base 5.85% 4.01% $4.1M Single Stable/Up Deposit ↗
WHYPE Morpho Blue 0.00% base 0.00% 0.00% $3.6M Single Deposit ↗
KHYPE Harmonix Finance 2.85% base 2.85% 2.90% $3.5M Single Stable/Up Deposit ↗
BEHYPE HyperLend Pooled <0.01% base <0.01% <0.01% $3.3M Single Stable/Up Deposit ↗
PEACHES-USDC Project X · 0.3% 0.00% base 0.00% 0.00% $3.1M LP IL Deposit ↗
HXXI D2 Finance 0.00% base 0.00% 2.79% $3.0M Single Deposit ↗
LIQUIDHYPE ether.fi Liquid 1.30% base 1.30% 1.30% $3.0M Single Stable/Up Deposit ↗
UETH HyperLend Pooled 1.54% base 1.54% 2.28% $2.9M Single Stable/Up Deposit ↗
FEUSDT0V2 Morpho Blue 5.53% base 5.53% 6.22% $2.7M Stable Single Down Deposit ↗
KHYPE Felix CDP 0.00% 0.00% $2.6M Single Deposit ↗
WHYPE-KHYPE Project X · 0.01% 0.44% base 0.44% 0.80% $2.5M LP IL Stable/Up Deposit ↗
GTUSDCC Morpho Blue 5.75% base 5.75% 5.97% $2.5M Stable Single Down Deposit ↗
KHYPE HypurrFi Pooled 0.02% base 0.02% 0.02% $2.2M Single Stable/Up Deposit ↗
SUSDM Monetrix USDM 1.95% base 1.95% 12.71% $2.1M Stable Single Stable/Up Deposit ↗
UBTC Morpho Blue 0.00% base 0.00% 0.00% $2.0M Single Deposit ↗
FEUBTC Felix CDP 0.00% 0.00% $2.0M Single Deposit ↗
FEUSD Felix CDP · feUBTC Stability Pool 2.27% 2.34% $2.0M Stable Single Stable/Up Deposit ↗
HYPE-- D2 Finance 0.00% base 0.00% 0.00% $2.0M LP IL Deposit ↗
HYPE Harmonix Finance 2.23% base 2.23% 2.40% $2.0M Single Stable/Up Deposit ↗
UBTC Morpho Blue 0.00% base 0.00% 0.00% $1.7M Single Deposit ↗
LSTHYPE Morpho Blue 0.00% base 0.00% 0.00% $1.6M Single Deposit ↗

Protocols on Hyperliquid

Earning on Hyperliquid

Rates on a chain reflect its own supply and demand: lending markets pay more where traders borrow more, and liquidity pools pay more where volume is high relative to liquidity. Stablecoin pools on Hyperliquid currently pay a median of 5.72% (single asset, $1M+ TVL). To bring funds here, use the canonical bridge or an aggregator from the bridge list, and keep a little native token for gas.

Questions people ask

What is the best yield on Hyperliquid right now?
The top APY among Hyperliquid pools with at least $1M of liquidity is 16.66%. Median across liquid pools: 0.67%. Stablecoin pools on Hyperliquid pay up to 10.84% (median single-asset 5.72%).
Which protocols have the most liquidity on Hyperliquid?
Kinetiq kHYPE ($1.01B), HyperLend Pooled ($453.2M), Morpho Blue ($277.8M), Felix CDP ($38.9M), Harmonix Finance ($25.7M), Liminal Basis ($21.4M).
How do I move funds to Hyperliquid?
Use the chain’s canonical bridge or a bridge aggregator; our bridge list shows which ones support Hyperliquid. Keep some native gas token for transactions.