A Hyperefficient Yield Engine, fueled by PEG

Producing non-custodial and decentralised USDH

Total Value Locked

$ 69,420

USDH Marketcap

$ 69,420

PEG Marketcap

$ 69,420

Total Revenue

$ 69,420

Borrowers

Deposit one or more of the accepted collateral types to borrow USDH at competitive rates, with rebates through holding vePEG.

Liquidity Providers

Deposit the LP tokens from accepted stablepools on Hyperstable and receive PEG emissions as rewards.

Protocols

Offer incentives to vePEG voters to attract votes to their pools.

vePEG

Vote on which pools earn PEG emissions, receive 100% of protocol revenue plus incentives for the pools they vote for.

Mint USDH against supported collateral types

stHYPE

Total Value Locked

$9.7m

MCR

110%

Intrinsic yield

2.5%

Base rate

2.5%

Peg rate

Effective rate

Mint

stHYPE

Total Value Locked

$9.7m

MCR

110%

Intrinsic yield

2.5%

Base rate

2.5%

Peg rate

Effective rate

Mint

stHYPE

Total Value Locked

$9.7m

MCR

110%

Intrinsic yield

2.5%

Base rate

2.5%

Peg rate

Effective rate

Mint

Earn PEG by providing liquidity on curve, and staking your LP tokens

TVL

APY

USDH-USDC

$91.1k

Provide Liquidity +

USDH-FRAX

$91.1k

Provide Liquidity +

USDH-USDT

$91.1k

Provide Liquidity +

Lock PEG into vePEG to earn your share of protocol revenue, receive incentives, vote on emissions and get protected from dilution via rebases.

Lock PEG

Peg locked

100,000 (56%)

Protocol fees

$ 100,000

Voter incentives

$ 100,000

Total rewards

$ 200,000

FAQ

: Hyperstable ($USDH) is a Crypto-Backed, Over-Collateralized and Decentralized stablecoin that's designed to trade at one US Dollar.
: There are 3 main actors who can benefit from using Hyperstable:

1. Borrowers can mint $USDH against supported Collateral Types at competitive rates.

2. Liquidity Providers can Earn PEG tokens by providing liquidity on Curve, and staking their LP tokens.

3. PEG holders can lock their tokens into vePEG to earn 100% of protocol revenue generated via Interest and Fees from Liquidations, receive Incentives, Vote on Emissions and get protected from dilution via Rebases.
: Please check out our documentation here: Hyperstable Docs.