InformationTVL

Hyperstable (PEG)

Total Value Locked$3.85m

TVL by Chain

Hyperliquid L1$3.85m

Protocol Information

Hyperstable is a crypto-backed, over-collateralized and decentralized stablecoin that's designed to trade at one US Dollar. Built on HyperEVM.

Category:CDP

Audits:

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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

Felix CDP ($207.09m)Parallel Protocol ($3.13m)Keiko Finance ($2m)