Current APY:
USDC - 100.68%
HYPE - 40.67%
7d APY:
USDC - 20.21%
HYPE - 7.29%
FAQ
1⃣Is it safe?
Seeing high APYs doesn't automatically mean the strategy is unsafe. You just need to understand where the yield comes from.
2⃣Where does the APY come from?
From HYPE funding rates.
When you deposit USDC or HYPE into Monetrix, they use it to open a delta-neutral position on Hyperliquid (buying spot HYPE + opening a short HYPE position) with the same notional.
This means the position doesn't change in value if HYPE goes up or down. The strategy simply earns or pays funding on the short position.
The average HYPE funding rate was 9.45% APR over the last month, and it has remained positive.
3⃣But if HYPE funding is 9.45% APR, shouldn't the APY be around 9% or less?
Not at all.
Monetrix uses Hyperliquid's Portfolio Margin feature. It was the first project to use it for this strategy.
Basically, if you hold HYPE, BTC or ETH, you can use those assets as collateral to open positions. Applied to Monetrix's delta-neutral strategy, this allows them to add some leverage to the position while using the spot asset as collateral.
With USDC, you can use your entire deposit. With HYPE, you can only use less than half because you need to start borrowing.
4⃣Wow... but is this feature and strategy actually safe?
The strategy itself is well established: Ethena uses a similar delta-neutral approach (USDe/sUSDe), although it executes the hedges on centralized exchanges rather than Hyperliquid.
That doesn't mean either strategy is risk-free. The risks are different depending on the venue, collateral model, funding rates and implementation.
If you're holding HYPE or stables and earning low APRs on lending protocols or similar strategies, Monetrix is worth looking into.
At the very least, give it a try.
🔗
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Weekly Yield Report at Monetrix
$3,800+ Distributed to USDM stakers
$700+ Distributed to mxHYPE stakers
Compounding, Yielding and growing forever.
75K+ USD has been distributed to Monetrix users
Both your idle USDC & $HYPE grow alongside $HYPE itself
The assistance fund for your wallet
YieldMaxx with us on Hyperliquid.
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one wallet just sold ~$15m of spot HYPE in minutes, pushed spot down 8%, and is now closing an 820k HYPE short.
source from
@mlmabc
that move pushed
@monetrix_xyz APY to 38% today.
mxHYPE users didn’t need to do anything. the strategy kept running and captured the volatility.
this is what automated HYPE yield should look like.
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Q: How do users stay exposed to $HYPE with mxHYPE?
A: We use Hyperliquid PM to borrow $HYPE against $HYPE, short the borrowed HYPE to create the DN position, and collect funding yield.
The yield is used to buy back more $HYPE and auto-compound your position.
YieldMaxxing on HL
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Another week goes by, $4500 USD value accrues for Monetrix users.
$HYPE caps have once again been filled.
mxHYPE has been live for 8 days.
In this time:
> 20,000 $HYPE deposited
> Peak APY of 21%
> Average APY of 8.15% (270% higher than native staking)
> 1.16K (roughly 14HYPE) bought and distributed
The $HYPE AF for your wallet
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Monetrix has surpassed 4M in TVL
And 60K+ in Yield distributed
YieldMaxxing on Hyperliquid is only just beginning 🌱
Due to an overwhelming response and previous caps filling within 10 hours, we will be raising mxHYPE caps to 20,000 $HYPE.
mxHYPE allows full $HYPE exposure while you yield.
mxHYPE buys back $HYPE and auto-accumulates it back into your yield.
Hype-YieldMaxxing
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$mxHYPE launched 4 days ago.
In that time:
> 5,000 $HYPE cap filled in 24 hours
> ATH of 23% APY on $HYPE
> Average 18% APY, 718% higher than native staking at 2.2%
> $660, or roughly 8.5 $HYPE, distributed to users
Caps are now raised.
Yieldmaxxing on Hyperliquid.
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Happy hyperliquid:native All time high
Monetrix is built to grow alongside hyperliquid:native for both your USD and your hyperliquid:native
>53k+ USD Yield Distributed to users
>MxHYPE caps filled at 5000 hyperliquid:native
There has never been a better time to YieldMaxx on Hyperliquid.
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Its never been more clear that everyone who has $HYPE only wants more $HYPE
$HYPE YieldMaxxing.
Bear market vibes, Bull market yield.
Weekly Yield report #
3#
$4200 Distributed to users this week, which is great but
What if we took YieldMaxxing to the next level?
Coming soon....
We have crossed $30K in yields distributed to our users.
YieldMaxxing on Hyperliquid has never been easier.
Weekly update #
2#
> Crossing $30,000 in yield for users
> $4400 in Yield this week
> Weekly APY at ~11+%
> TVL at around 2.75M
YieldMaxxing on Hyperliquid.
Weekly update #
1#
> Crossing $25,000 in yield for users
> $4000 in Yield this week
> Weekly APY at ~13%
> TVL over 2.7M
YieldMaxxing on Hyperliquid.
Weekly update #
1#
> Crossing $25,000 in yield for users
> $4000 in Yield this week
> Weekly APY at ~13%
> TVL over 2.7M
YieldMaxxing on Hyperliquid.
Monetrix mainnet is being pushed forward, as a result of the support from our community.
We are shortening the Genesis phase from 30 Days to 14 Days
$USDm goes live on the 10th of June
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The window for Monetrix Genesis is officially open.
This is the time to join us in the most efficient, fully on-chain funding yield-powered stable token powered by
@HyperliquidX.
The initial cap is strictly $1M USDC
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