Hyperithm USDT Core
27% of this vault sits in higher-risk collateral, yet it earns 2.51% on USDT versus 2.52% for a plain USDT vault (-1 bps). You're not being paid for the extra risk.
Hyperithm USDT Core vault provides liquidity to conservative collateral markets aiming to generate stable income while maintaining prudent risk management for sustainable performance.
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.
Weighted LLTV across markets is 87.1%. Sharp collateral drawdowns can trigger cascading liquidations faster than vault parameters can be adjusted.
Primary loan or collateral asset is a stablecoin. A sustained depeg below 99 cents impacts NAV and disables liquidation routing for non-USD collateral.