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kHYPE Hedged Carry

Hedged staking carryLive · modeledkHYPE/WHYPE · Morpho Blue · HyperEVMCurated by Priime

kHYPE held on HyperEVM with its price hedged on the HYPE perp, unlevered: over 208 days the WHYPE loan cost more on average than kHYPE paid, so a loop would add risk and no yield.

Modeled APY6.9%net of venue costs and the 20% compute fee
TVL$0$10.6K seeded
Share value0.00001.0000 at inception
Depositors4since inception
Capacity$19.3K$8.7K left
Capacity usedlimited by the HYPE perp book
55%
$10.6K deposited$19.3K total capacity

Overview

kHYPE Hedged Carry runs on kHYPE/WHYPE via Morpho Blue on HyperEVM. A perp short on HYPE hedges the position's price, sized to its equity. 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.

Vault configuration
CuratorPriime
CreatedMay 11, 2026
VenueMorpho Blue
ChainHyperEVM
Strategy classHedged staking carry
ModulesLiquidity sourceDynamic hedgeAuto-compound
VerificationTrustless Execution Network, every action verified before it settles · modeled

Automations

Hyperliquid · HYPE perp

Dynamic hedge

Keeps net delta at zero and the short funded.

In shadow
+0.23%net delta · target 0 · inside the bandmodeled now
−4.0%0+4.0%
Margin · keeps the short funded
Margin is below6.5%→Trim short, restore to 23%
Funding negative24 hours→Exit the venue
Cadence · every 5 minHedge leverage · 3.00xMargin reserve · 15%Margin now · 10.8%Last check · 2 min ago
Morpho Blue · Compounding

Auto-compound

Sweeps earned yield back into the position once it clears the threshold.

In shadow
Accrued since last compound$0.00
$0$2.16 accrues per 24h check · clears $155.00 in 72 checks
At the 24h check, accrued at least$155.00→Harvest and re-supply
Cadence · 24hLast compound · 70d agoNext check · in 13h

Envelope, bands and thresholds are the vault's published parameters.

Performance

Share value, modeled
1.0312
Deterministic model from inception at the vault's modeled APY. 1.0000 at inception.
Returns
Since inception 158d+3.12%
7d return modeled+0.28%
30d return modeled+0.49%

Parameters

MarketkHYPE/WHYPE
VenueMorpho Blue · HyperEVM
Hedge leverage3.00x
Margin reserve15% of short notional
Margin rule6.5% → 23%
Hedge coinHYPE perp
Harvest threshold$155
Compound cadence24h
Capacity$19.3K
Capacity bindinglimited by the HYPE perp book
Read atHyperEVM · block 41,563,811
Delta band±4.0%
Short liquidation+41% adverse HYPE move
RiskHedge slippage past the ±4.0% band in fast moves.
Remaining capacity$8.7K
Min deposit$50
Compute fee20% of the vault's growth after costs, above its previous high
Management feenone on idle capital
Withdrawalno exit rail on a modeled record
Composed modules
Liquidity sourceHolds the position on the venue and market this vault runs on.
Dynamic hedgeRuns a perp short against the position so price moves cancel, and keeps its margin funded.
Auto-compoundSweeps earned yield back into the position once it clears the harvest threshold.

Activity

ActionDetailTime
Hedge trimmedmodeledmargin restored to 23%2d ago
Hedge trimmedmodeledmargin restored to 23%6d ago
Hedge trimmedmodeledmargin restored to 23%10d ago
Compound executedmodeled$135.88 re-suppliedAug 7, 2026
Compound executedmodeled$154.07 re-suppliedMay 27, 2026
Vault publishedby Priime · $10.6K seededMay 11, 2026