Project X
Decentralized exchange — earn fees by helping other people swap tokens.
100% on Hyperliquid L1 · also on 0 other chains
Chains
1
Live yield options
88
Best reward rate
332.28%
Live since
2025
Where it runs
Available on 1 chains
Earn here · live yield options
Yields available on Project X
88 live options — yields range 0.0% to 332.28% per year, with a median of 14.49%.
-
01
project-x - WHYPE-USDC Hyperliquid L1
WHYPE · USDC
Reward
51.39%
→Pool size
$13.5Million
-
02
project-x - WHYPE-USDC Hyperliquid L1
WHYPE · USDC
Reward
69.08%
→Pool size
$7.49Million
-
03
project-x - WHYPE-UBTC Hyperliquid L1
WHYPE · UBTC
Reward
30.12%
→Pool size
$7.09Million
-
04
project-x - PEACHES-USDC Hyperliquid L1
PEACHES · USDC
Reward
—
→Pool size
$3.06Million
-
05
project-x - WHYPE-KHYPE Hyperliquid L1
WHYPE · KHYPE
Reward
0.17%
→Pool size
$2.16Million
-
06
project-x - WHYPE-UETH Hyperliquid L1
WHYPE · UETH
Reward
30.73%
→Pool size
$1.1Million
All 88 yield options on Project X Expand →
| Option | Chain | Reward | Pool size |
|---|---|---|---|
| project-x - WHYPE-USDC | Hyperliquid L1 | 51.39% | $13.5Million |
| project-x - WHYPE-USDC | Hyperliquid L1 | 69.08% | $7.49Million |
| project-x - WHYPE-UBTC | Hyperliquid L1 | 30.12% | $7.09Million |
| project-x - PEACHES-USDC | Hyperliquid L1 | 0.0% | $3.06Million |
| project-x - WHYPE-KHYPE | Hyperliquid L1 | 0.17% | $2.16Million |
| project-x - WHYPE-UETH | Hyperliquid L1 | 30.73% | $1.1Million |
| project-x - WHYPE-USD₮0 | Hyperliquid L1 | 41.6% | $880Thousand |
| project-x - WHYPE-BLT | Hyperliquid L1 | 0.0% | $877Thousand |
| project-x - USDC-USD₮0 | Hyperliquid L1 | 0.83% | $636Thousand |
| project-x - UBTC-USD₮0 | Hyperliquid L1 | 21.05% | $556Thousand |
| project-x - RHYPURR-WHYPE | Hyperliquid L1 | 0.2% | $485Thousand |
| project-x - KMHYPE-KHYPE | Hyperliquid L1 | 0.0% | $447Thousand |
| project-x - UBTC-UETH | Hyperliquid L1 | 4.09% | $445Thousand |
| project-x - WHYPE-LHYPE | Hyperliquid L1 | 0.0% | $433Thousand |
| project-x - KNTQ-WHYPE | Hyperliquid L1 | 10.14% | $319Thousand |
| project-x - KNTQ-USDC | Hyperliquid L1 | 1.29% | $267Thousand |
| project-x - USD₮0-THBILL | Hyperliquid L1 | 0.15% | $254Thousand |
| project-x - USOL-WHYPE | Hyperliquid L1 | 122.99% | $252Thousand |
| project-x - USDT0-VEZO | Hyperliquid L1 | 0.0% | $246Thousand |
| project-x - KMHYPE-KHYPE | Hyperliquid L1 | 0.0% | $232Thousand |
| project-x - UPUMP-WHYPE | Hyperliquid L1 | 11.73% | $228Thousand |
| project-x - VKHYPE-KHYPE | Hyperliquid L1 | 32.88% | $215Thousand |
| project-x - WHYPE-XAUT0 | Hyperliquid L1 | 17.03% | $194Thousand |
| project-x - WHYPE-PURR | Hyperliquid L1 | 19.86% | $185Thousand |
| project-x - UPUMP-USD₮0 | Hyperliquid L1 | 332.28% | $174Thousand |
| project-x - UBTC-USDC | Hyperliquid L1 | 27.24% | $153Thousand |
| project-x - USDC-XAUT0 | Hyperliquid L1 | 14.49% | $145Thousand |
| project-x - XHYPE-USDC | Hyperliquid L1 | 0.01% | $145Thousand |
| project-x - WHYPE-USD₮0 | Hyperliquid L1 | 2.31% | $135Thousand |
| project-x - UBTC-KHYPE | Hyperliquid L1 | 37.87% | $124Thousand |
| project-x - JEFF-WHYPE | Hyperliquid L1 | 0.0% | $118Thousand |
| project-x - USD₮0-AVLT | Hyperliquid L1 | 0.09% | $110Thousand |
| project-x - USD₮0-KHYPE | Hyperliquid L1 | 26.15% | $101Thousand |
| project-x - USDH-WHYPE | Hyperliquid L1 | 41.02% | $101Thousand |
| project-x - CHUSD-USDC | Hyperliquid L1 | 0.0% | $101Thousand |
| project-x - BRIDGE-WHYPE | Hyperliquid L1 | 0.05% | $95.6Thousand |
| project-x - USDC-AVLT | Hyperliquid L1 | 1271.9% | $94.9Thousand |
| project-x - USD₮0-XAUT0 | Hyperliquid L1 | 15.27% | $88.8Thousand |
| project-x - WHYPE-VHYPE | Hyperliquid L1 | 0.0% | $75.5Thousand |
| project-x - WHYPE-LHYPE | Hyperliquid L1 | 0.0% | $72.9Thousand |
| project-x - USDC-AVLT | Hyperliquid L1 | 306.88% | $65.2Thousand |
| project-x - WHYPE-VHYPE | Hyperliquid L1 | 21.47% | $60.3Thousand |
| project-x - USDHL-USD₮0 | Hyperliquid L1 | 0.12% | $59.2Thousand |
| project-x - USD₮0-XAUT0 | Hyperliquid L1 | 32.1% | $58.8Thousand |
| project-x - WSTHYPE-KHYPE | Hyperliquid L1 | 0.11% | $52.9Thousand |
| project-x - WHYPE-JPEG | Hyperliquid L1 | 0.0% | $51.9Thousand |
| project-x - UETH-KHYPE | Hyperliquid L1 | 24.49% | $47.5Thousand |
| project-x - KMHYPE-VKHYPE | Hyperliquid L1 | 0.0% | $47.1Thousand |
| project-x - USD₮0-USDP | Hyperliquid L1 | 0.02% | $42Thousand |
| project-x - KNTQ-SKNTQ | Hyperliquid L1 | 0.0% | $37.1Thousand |
How it works
Using Project X 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 Project X
Description provided by the protocol team. Always verify directly before depositing funds.
Tokens earning here
Top tokens earning yield through Project X
Frequently asked
What people ask about Project X
What is Project X?
+
Project X is an on-chain app. Decentralized exchange — earn fees by helping other people swap tokens.
Is using Project X safe?
+
Project X 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 Project X run 0.0%–332.3% per year, depending on which pool you pick and which chain you use. Rates change with demand.
Which chains does it run on?
+
Project X 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 hourly. Always confirm directly before depositing funds.
See also
Terms used on this page
-
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.

