Midas mHYPER

MHYPER Price

About Midas mHYPER (mHYPER)

Midas mHYPER is a tokenized certificate that offers onchain access to professional, market-neutral yield strategies managed by Hyperithm.

• Provides tokenized access to institutional-grade, market-neutral stablecoin strategies.
• Managed by Hyperithm, a digital asset manager based in Tokyo and Seoul.
• Natively composable across decentralized finance (DeFi) protocols for additional utility.

What Is Midas mHYPER

Midas mHYPER is a Liquid Yield Token (LYT) issued by Midas that tracks the performance of a reference portfolio managed by Hyperithm. It is structured as a tokenized debt instrument under German law, providing investors with a way to participate in sophisticated yield-generating strategies without managing individual positions. The project focuses on market-neutral, stablecoin-dominated opportunities across multiple blockchain ecosystems.

The token's value is represented as a Net Asset Value (NAV), which fluctuates based on the performance of the underlying reference portfolio. Unlike stablecoins, mHYPER does not maintain a fixed peg; instead, yield is auto-compounded into the token price, causing it to appreciate over time as the strategies generate returns. This mechanism allows investors to hold a single asset while gaining exposure to a diversified set of activities in decentralized finance (DeFi).

What Makes Midas mHYPER Unique

• Professional Management: Strategies are actively managed by Hyperithm, a premier digital asset manager with expertise in quantitative trading and risk management.
• Market-Neutral Strategy: The portfolio aims to minimize directional market risk by employing strategies such as basis trading, carry trades, and liquidation arbitrage.
• Institutional-Grade Custody: Assets are secured using Fordefi's multi-party computation (MPC) technology, requiring tri-party authorization for operations outside predefined rules.
• High Transparency: Midas utilizes an "Attestation Engine" to provide continuous, verifiable onchain reporting of holdings, NAV, and strategy performance.

What Can You Use Midas mHYPER for?

• Yield Exposure: Investors can gain exposure to institutional-grade stablecoin yield strategies by simply holding the mHYPER token.
• DeFi Collateral: The token is designed for native composability, allowing it to be used as collateral in lending markets like Morpho.
• Yield Farming: mHYPER can be deployed in liquidity pools or yield-bearing tokens protocols like Pendle to enhance overall returns.
• Diversification: It provides access to a diversified portfolio of strategies including leveraged yield farming on Aave and basis trading on Hyperliquid.

How Does Midas mHYPER Work?

Midas mHYPER operates as a NAV-accreting certificate. When an investor deposits USDC into the Midas platform, they receive mHYPER tokens at the current Net Asset Value. These funds are then allocated to a reference portfolio managed by Hyperithm, the appointed Risk Manager. Hyperithm executes strategies across various onchain and offchain venues to capture yield while maintaining a market-neutral profile.

The token functions as an application utility token within the Midas ecosystem. Transactional activities and redemptions may incur protocol service fees, such as a performance fee on generated yield or an instant redemption fee designed to compensate the portfolio for liquidity maintenance. Redemptions are facilitated through Midas' "Open Liquidity Architecture," which uses Midas Staked Liquidity (MSL) to provide atomic redemptions and minimize settlement risk. The token is available on multiple networks, including Ethereum, Monad, and Plasma.

Team Info and Investors

Midas mHYPER is issued by Midas, a platform specializing in the tokenization of real world assets and composable onchain investment products. The strategy management and risk oversight are handled by Hyperithm, a Tokyo and Seoul-based digital asset management firm. Midas partners with various institutional providers, including Fordefi for custody and Chainlink for oracle services. The project is backed by a framework that includes legal compliance under German and Luxembourg jurisdictions, ensuring institutional-grade operational controls.

Where can you buy Midas mHYPER?

MHYPER tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Midas mHYPER is Uniswap V4 (Ethereum), where the most active trading pair MHYPER/USDC has a trading volume of $2,036.19 in the last 24 hours.

What is the daily trading volume of Midas mHYPER (MHYPER)?

The trading volume of Midas mHYPER (MHYPER) is $2,036.19 in the last 24 hours, representing a -79.70% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Midas mHYPER (MHYPER)?

Midas mHYPER (MHYPER) reached an all-time high of $1.11 and an all-time low of $1.02. It’s now trading 0.00% below that peak and 8.40% above its lowest price.

What is the market cap of Midas mHYPER (MHYPER)?

Market capitalization of Midas mHYPER (MHYPER) is $45,781,383 and is ranked #485 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of MHYPER tokens (41 Million tokens are tradable on the market today).

What is the fully diluted valuation of Midas mHYPER (MHYPER)?

The fully diluted valuation (FDV) of Midas mHYPER (MHYPER) is $45,781,383. This is a statistical representation of the maximum market cap, assuming total number of 41 Million ETH tokens are in circulation today.

How does the price performance of Midas mHYPER compare against its peers?

With a price increase of 0.30% in the last 7 days, Midas mHYPER (MHYPER) is underperforming the global cryptocurrency market which is up 8.60%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add Midas mHYPER (MHYPER) to MetaMask?

Adding Midas mHYPER (MHYPER) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import MHYPER as a token. You can copy MHYPER’s contract address (0x9b5528528656dbc094765e2abb79f293c21191b9) and import it manually, or if you've installed MetaMask's chrome extension, add MHYPER to MetaMask with one click on CoinGecko.

Add MHYPER to MetaMask.