{"_id":"token-630073","name":"Project X — WHYPE / USDC liquidity pool (0.05%) on Hyperliquid L1","ticker":"DL-PROJECTX-WHYPEUSDC-HYPERLIQUIDL1","pillar":"Fixed Income","type":"DEX Liquidity Pool","category":"Liquidity Pools","description":"Project X pool for WHYPE / USDC on Hyperliquid L1, 0.05% fee tier: 19.88% a year in trading fees, averaged over 30 days, on $14.5M deposited; $33.3M traded in the last day (DefiLlama, 2026-10-28). A deposit holds both tokens; when their prices move apart the position ends up with more of the one that fell (impermanent loss), which can exceed the fees. Pools with a price range (concentrated liquidity) earn only while the price is inside the range. Smart-contract risk applies. Figures from DefiLlama’s open yields data, refreshed daily.","apy":"19.88% (30-day average of trading fees, DefiLlama 2026-10-28)","risk":"Not rated (imported)","minInvestment":"None","issuer":"Project X (protocol)","yieldSource":"Trading fees — pair with a price token (impermanent loss)","maturity":null,"term":null,"liquidity":"Withdraw both tokens from the pool at any time; their mix depends on the price","aum":"$14.5M","network":"Hyperliquid L1","country":"Decentralized protocol","custody":"Self-custody (smart contract)","howToBuy":"Add both tokens to the pool through Project X (prjx.com) from a self-custody wallet","rating":null,"kyc":"None on-chain (the pool contract has no allow-list)","networkFee":null,"networkFeeUsd":null,"investUrl":"https://www.prjx.com","source":"https://defillama.com/yields/pool/f55a970c-7fdb-4087-8c62-258287e7a6cd","lastVerified":"2026-10-28","featured":false,"apyPct":19.88,"apyPctLow":null,"apyPctHigh":null,"apyKind":"variable","minInvestmentUsd":null,"custodyType":"self","access":{"kycMint":"none","kycSecondary":"none","kycRedeem":"none","accreditedOnly":false,"whitelistRequired":false},"verified":"imported","isin":null,"underlyingSymbol":null,"underlyingIsin":null,"lifecycle":"live","maturityDate":null,"contract":null,"targetArea":[],"areas":[],"_links":{"page":"https://tokenbank.world/token/DL-PROJECTX-WHYPEUSDC-HYPERLIQUIDL1","all":"https://tokenbank.world/api/tokens"},"_disclaimer":"Sourced figures; yields are variable and not guaranteed. Target/Area describe who the issuer aims the product at and where. They are not an eligibility check — who may buy is set by the issuer. Not investment advice. Verify the source before relying on any figure."}