what's Wrapped HYPE?
Wrapped HYPE (WHYPE) is a wrapped token representation of the native HYPE token, enabling its use within the HyperEVM ecosystem for DeFi applications. It facilitates seamless interaction across compatible decentralized exchanges and protocols, such as HyperSwap V3 and Ramses V3, where it pairs with assets like USDC for trading and liquidity provision.
Whype deposits on Morpho yield 35-36% APY.
Deposited into Morpho earns around 35-36% APY.
NestExchange offers a kHYPE/WHYPE liquidity pool with high APRs, and the HYPE Engine Vault will distribute MEGAHYPE rewards from TheHypeEngine treasury to veNEST holders when live.
Etherfi Cash vault offers 20% fixed APR boost for holding beHYPE or wHYPE, limited to first 1000 depositors through December 4th with minimum $50 spend requirement and 3% cashback on spending.
Smart money wallets accumulated $114k in WHYPE over the past 24 hours, ranking second among tracked tokens for inflows.
WHYPE currently trades approximately 5% below its all-time high price level.
Hybra DEX ($1M TVL) launches Concentrated Liquidity feature this week with 30x point multiplier for WHYPE pairs.
Liquidity providers exit WHYPE positions while feUSD/USDhl TVL doubles in 6 hours.
$48M capital farms multiple ecosystem points through Upshift's Hyperbeat Ultra HYPE pool with integrated rewards from 7 protocols.
USDT0 integrates with Timeswap, enabling lending/borrowing with 75% LTV using WHYPE collateral.