kHYPE Boost Loop
kHYPE staking carry looped on HyperEVM, hedged on the HYPE perp, sized to the book it can exit into.
Overview
kHYPE Boost Loop runs a leveraged loop on kHYPE/WHYPE via Morpho Blue on HyperEVM. Dynamic leverage holds the position at 2.87x and keeps it inside the published protection envelope, while a perp hedge holds net delta at zero. Earned yield is swept back into the position on a 24h cadence.
All figures on this page are modeled from the vault's published parameters.
Automations
Dynamic leverage
Holds the loop at target. Trims when health drops, adds a layer when there is room.
Dynamic hedge
Keeps net delta at zero and the short funded.
Auto-compound
Sweeps earned yield back into the position once it clears the threshold.
What would have to break
Every row is a mechanism and the clock it runs against. Nothing here is a probability.
This liquidates if kHYPE loses 24% against WHYPE. We trim 4.24pp before that.
The perp short holds 33% of the deposit as margin and reserve. That leg can be closed against you.
- Short margin ratio33.3%
- Short's own liquidationnot measured
Four things could reach 24% before the trim does.
- Automations compile in shadownot armed→nothing acts yet
- kHYPE gapping against WHYPEWe trim 4.24pp before it. A gap prices in one block.24%→4.24pp · every block
- Unwinding kHYPE/WHYPE at the capThe exit crosses the HYPE perp book.$19.3K→33.3% · every 5 min
- Refilling the HYPE short on kHYPE/WHYPEThe reserve funds that many refills. Then someone has to act.1.00→33.3% · every 5 min
- The HYPE short that hedges kHYPE/WHYPEOn Hyperliquid, restoring margin sells into the move.33.3%
- Morpho Blue · HyperEVM freezing the kHYPE marketA frozen market stops the exit, not the position.structural
- kHYPE/WHYPE was priced once, at one blockThe rate at open is not the rate you are reading.41563811
2 things this vault does not measure
- Feed age behind kHYPE/WHYPEThe scan checks kHYPE. That result never crosses to here.not measured→4.24pp · every block
- Oracle, bridge, stablecoin and RPC healthNot watched by this vault. Their state never crosses into kHYPE/WHYPE.not measured
Envelope, bands and thresholds are the vault's published parameters.
Performance
Parameters
Activity
| Action | Detail | Time |
|---|---|---|
| Leverage rebalancedmodeled | 2.93x → 2.87x | 2d ago |
| Hedge trimmedmodeled | margin restored to 23% | 4d ago |
| Leverage rebalancedmodeled | 2.82x → 2.87x | 5d ago |
| Hedge trimmedmodeled | margin restored to 23% | 8d ago |
| Leverage rebalancedmodeled | 2.91x → 2.87x | 8d ago |
| Leverage rebalancedmodeled | 2.92x → 2.87x | 11d ago |
| Hedge trimmedmodeled | margin restored to 23% | 12d ago |
| Compound executedmodeled | $137.16 re-supplied | 21d ago |