Logo of Hyperstable CDP

Hyperstable CDP(PEG)

Total Value Locked$159,097

TVL by Chain

Hyperliquid L1$159,097

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 ($70.13m)Felix CDP ($29.55m)Parallel Protocol V3 ($829,557)Delpho ($346,545)HypeZion Finance ($53,340)Keiko Finance ($348.84)Sky Lending ($6.02b)USDD ($1.321b)Liquity V1 ($180.08m)crvUSD ($147.75m)

Frequently Asked Questions

What is Hyperstable CDP's TVL?

Hyperstable CDP currently has $159,097 in total value locked. TVL has decreased 0.1% 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 #81 by TVL. The category holds $8.252b across 198 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, Liquity V1, and crvUSD.