Hyperithm USDT Core

USDT·Ethereum·curated by Hyperithm

APY5.96%+3.1% vs 30d

TVL$111.29K

Risk score25/ 100

Thin premium for the risk

48% of this vault is in higher-risk collateral, but it earns just +35 bps over a plain USDT vault — a thin premium for the added tail risk.

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

What this vault actually does

Hyperithm USDT Core vault provides liquidity to conservative collateral markets aiming to generate stable income while maintaining prudent risk management for sustainable performance.

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 92.4%, leaving little idle buffer. Large same-day redemptions may queue behind active loan repayments.

Weighted LLTV across markets is 88.6%. Sharp collateral drawdowns can trigger cascading liquidations faster than vault parameters can be adjusted.

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