Liquid HYPE Yield
LIQUIDHYPE
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
LIQUIDHYPE (Liquid HYPE Yield) is an automated DeFi yield strategy vault share token on the HyperEVM network, developed collaboratively by Hyperbeat and ether.fi. Due to the formal deprecation of the vault and the cessation of active development and standalone community operations, both Active Development and Community Support received scores of -1.0 (insufficient data), and their weights were redistributed across the remaining sections. The protocol has strong security credentials (8.0/10) with audits from Hacken and Sherlock and zero reported exploits, defaults, or bad debt. Team and Governance (6.8/10) remains reputable, backed by Hyperbeat's $5.2M seed round led by Electric Capital and ether.fi Ventures. However, Tokenomics (3.5/10) and Market & Use Case (2.5/10) reflect severe constraints: the vault is deprecated, no longer accepts deposits, has negligible daily trading volume (<$50/day), and liquidity has shifted to successor vaults such as hbHYPE and lstHYPE. Per protocol rules, because the token is officially deprecated, the investment recommendation is set to Avoid.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Liquid HYPE Yield (LIQUIDHYPE)
Liquid HYPE Yield (LIQUIDHYPE) is a deprecated yield strategy vault share token deployed on the HyperEVM network, developed through a collaboration between Hyperbeat and ether.fi. The token served as an automated, non-custodial receipt token issued to users depositing HYPE or beHYPE to earn yield and rewards across HyperEVM protocols. Hyperbeat Core functioned as the infrastructure provider and strategist, while RockawayX provided risk oversight.
The vault operates on an upgradeable smart contract architecture based on OpenZeppelin access controls and timelocks rather than a decentralized governance framework. LIQUIDHYPE utilizes an elastic supply governed dynamically by vault deposits and redemptions, with yield accruing via an appreciating exchange-rate model relative to the underlying assets. While the vault maintains a 0% performance fee, instant redemptions carry a 0.5% fee. The underlying vault infrastructure underwent security audits by Hacken and Sherlock, and protocol developer Hyperbeat completed a $5.2 million seed financing round in August 2025 led by Electric Capital and ether.fi Ventures.
The Liquid HYPE Yield vault has been formally deprecated and is no longer accepting deposits, with active development on the contract halted and liquidity shifting toward successor vaults such as hbHYPE and lstHYPE. As a result of its deprecation, the token exhibits negligible secondary market activity, with daily trading volume below $50 and a market capitalization between approximately $2.36 million and $6.45 million across an active supply of roughly 39.34K tokens. Across its operational history, the contract recorded no security exploits, bad debt, insolvencies, or regulatory actions.