Hybra V4
Decentralized exchange — earn fees by helping other people swap tokens.
100% on Hyperliquid L1 · also on 0 other chains
Chains
1
Live yield options
19
Best reward rate
584.98%
Live since
2025
Where it runs
Available on 1 chains
Earn here · live yield options
Yields available on Hybra V4
19 live options — yields range 0.77% to 584.98% per year, with a median of 38.01%.
-
01
hybra-v4 - WHYPE-USD₮0 Hyperliquid L1
WHYPE · USD₮0
Reward
43.27%
→Pool size
$142Thousand
-
02
hybra-v4 - WHYPE-USDM Hyperliquid L1
WHYPE · USDM
Reward
38.01%
→Pool size
$107Thousand
-
03
hybra-v4 - HYBR-WHYPE Hyperliquid L1
HYBR · WHYPE
Reward
584.98%
→Pool size
$98.7Thousand
-
04
hybra-v4 - VKHYPE-KHYPE Hyperliquid L1
VKHYPE · KHYPE
Reward
2.31%
→Pool size
$98Thousand
-
05
hybra-v4 - USDC-USDM Hyperliquid L1
USDC · USDM
Reward
14.01%
→Pool size
$95.8Thousand
-
06
hybra-v4 - JEFF-WHYPE Hyperliquid L1
JEFF · WHYPE
Reward
246.12%
→Pool size
$64.3Thousand
All 19 yield options on Hybra V4 Expand →
| Option | Chain | Reward | Pool size |
|---|---|---|---|
| hybra-v4 - WHYPE-USD₮0 | Hyperliquid L1 | 43.27% | $142Thousand |
| hybra-v4 - WHYPE-USDM | Hyperliquid L1 | 38.01% | $107Thousand |
| hybra-v4 - HYBR-WHYPE | Hyperliquid L1 | 584.98% | $98.7Thousand |
| hybra-v4 - VKHYPE-KHYPE | Hyperliquid L1 | 2.31% | $98Thousand |
| hybra-v4 - USDC-USDM | Hyperliquid L1 | 14.01% | $95.8Thousand |
| hybra-v4 - JEFF-WHYPE | Hyperliquid L1 | 246.12% | $64.3Thousand |
| hybra-v4 - SUSDM-USDM | Hyperliquid L1 | 4.17% | $62.9Thousand |
| hybra-v4 - WHYPE-USDC | Hyperliquid L1 | 165.54% | $62.4Thousand |
| hybra-v4 - KMHYPE-KHYPE | Hyperliquid L1 | 6.12% | $56Thousand |
| hybra-v4 - WHYPE-USDC | Hyperliquid L1 | 137.57% | $47Thousand |
| hybra-v4 - WHYPE-UBTC | Hyperliquid L1 | 41.17% | $43.7Thousand |
| hybra-v4 - HYBR-GHYBR | Hyperliquid L1 | 0.77% | $41.4Thousand |
| hybra-v4 - UBTC-UETH | Hyperliquid L1 | 5.1% | $39.5Thousand |
| hybra-v4 - WHYPE-USD₮0 | Hyperliquid L1 | 293.19% | $33.2Thousand |
| hybra-v4 - UETH-KHYPE | Hyperliquid L1 | 30.0% | $26.6Thousand |
| hybra-v4 - WHYPE-KHYPE | Hyperliquid L1 | 1.18% | $24.3Thousand |
| hybra-v4 - USDC-USD₮0 | Hyperliquid L1 | 5.88% | $16.6Thousand |
| hybra-v4 - UBTC-KHYPE | Hyperliquid L1 | 42.7% | $13.5Thousand |
| hybra-v4 - UPUMP-WHYPE | Hyperliquid L1 | 127.65% | $13Thousand |
How it works
Using Hybra V4 in three steps
-
1
Pair two tokens
Pick two tokens (e.g. ETH + USDC), deposit both in equal value into the trading pool.
-
2
Earn a share of fees
Every time someone swaps through this pair, you earn a tiny cut of the fee. The more people trade, the more you earn.
-
3
Watch out for IL
If one token's price moves a lot relative to the other, you'd have been better off just holding — the gap is called 'impermanent loss'.
Read up
About Hybra V4
Description provided by the protocol team. Always verify directly before depositing funds.
Tokens earning here
Top tokens earning yield through Hybra V4
Frequently asked
What people ask about Hybra V4
What is Hybra V4?
+
Hybra V4 is an on-chain app. Decentralized exchange — earn fees by helping other people swap tokens.
Is using Hybra V4 safe?
+
Hybra V4 has 0 public audits on file. Audits help — they don't eliminate risk. Always check what tokens you're depositing and never put in more than you can afford to lose.
How much can I earn?
+
Right now yields on Hybra V4 run 0.8%–585.0% per year, depending on which pool you pick and which chain you use. Rates change with demand.
Which chains does it run on?
+
Hybra V4 runs on 1 chains, including Hyperliquid L1. Each chain has its own fees and speeds — pick the one you already use.
Figures are reference values aggregated from public sources and refresh daily. Always confirm directly before depositing funds.
See also
Terms used on this page
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Smart Contract
Code on a blockchain that runs automatically when called. DeFi protocols are smart contracts — bugs in the code can lose user funds.
-
Audit
An independent security review of a smart contract. More audits and longer track record reduce — but never eliminate — code risk.
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Impermanent Loss
A loss LP providers experience when the two pool tokens diverge in price. The loss only crystallises if you withdraw at that ratio.
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Oracle
An on-chain feed of off-chain data — usually prices. Lending and CDP protocols rely on oracles to liquidate positions correctly.
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TVL (Total Value Locked)
The total dollar value of assets currently deposited in a DeFi protocol. A rough proxy for adoption and trust.