$4,043,498.77 in TVL
What is hyETH?
hyETH gives you high-yield ETH exposure through smart, risk-adjusted lending strategies.
Built on Morpho and risk-managed by Gauntlet, hyETH allocates your ETH across top onchain markets - including LSTs, LRTs, Pendle PTs, and other non-correlated assets - adjusting allocations over time to optimize for yield and safety. It’s a powerful way to earn more on ETH, hands-free.
Key value proposition
Smarter ETH Yield
hyETH captures elevated ETH yield by dynamically reallocating capital across top DeFi markets based on real-time opportunities.
Risk-Managed by Gauntlet
Portfolio construction is guided by Gauntlet’s risk models, helping manage exposure and adapt to volatility while targeting attractive yields.
Dynamically Rebalanced
hyETH shifts capital over time in response to market changes and performance opportunities, so users don’t have to manage or rebalance manually.
Unlocking Leverage
Read moreFAQs
Index Coop yield tokens simplify earning yield in DeFi by automating complex strategies and diversifying across protocols. They are user-friendly and cost-efficient, appealing to both new and seasoned DeFi users.
No, yield automatically compounds and accrues to the token price. The value of the tokens you hold in your wallet will simply go up over time without the need to claim or compound rewards.
Yes, all Index Coop products are instantly redeemable for their underlying value at all times.
Yes, all Index Coop smart contracts have been audited by leading independent security firms such as OpenZeppelin, ABDK, Isosiro, & more. There is also an active bug bounty program through ImmuneFi. Audit information is published in the docs here.
Streaming fees (an annual fee paid continuously block-by-block), mint and redeem fees (only on leverage tokens), and borrow costs (interest paid to borrow funds from onchain markets when using leverage).