Felix HYPE

WHYPE·HyperEVM·curated by Felix

APY1.9%+0.93% vs 30d

TVL$48.48M

Risk score29/ 100

Plain English explanationWritten by Sharpe Finance research · model card · last update 2026-05-12

What this vault actually does

The Felix HYPE vault supplies HYPE to borrower markets under defined risk parameters. Vault returns track utilization and market demand while exposure is managed via caps, rebalancing, and collateral quality screens.

What breaks this vault

The honest version. Every structural failure mode this vault is exposed to, ranked by severity. If you want to know whether to invest, start here.

Cap-weighted utilization is 87.2%, leaving little idle buffer. Large same-day redemptions may queue behind active loan repayments.

Weighted LLTV across markets is 86.0%. Sharp collateral drawdowns can trigger cascading liquidations faster than vault parameters can be adjusted.

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