Underlying asset
haHYPE
Issued by Harmonix. The facts below were checked on the date shown, from the sources listed.
haHYPE is issued by Harmonix. What stands behind it: a basis trade run on chain. It is valued in HYPE, not in dollars. It is redeemed through a queue.
Facts
- Issuer
- Harmonix
- What stands behind it
- a basis trade run on chain
- Strategy
- the funding spread between spot HYPE and its perpetuals
- Valued in
- HYPE
- Position in the capital stack
- not a tranche
- Who has to keep a promise
- code on chain
- Redemption
- redeems through a queue; the issuer's stated worst case is 3 days
- Who can change it
- not named: the holder could not be read or found in the issuer's documents
- Audits
- Shieldify, 2025-05
Verichains, 2024-06
Also named by the issuer, without a linked report: Zenith - Bug bounty
- not found in a source that meets the standard
- Depends on
- none recorded
- Chains
- HyperEVM
- Checked
- 2026-10-01, from the issuer's own documents
- Sources
- https://harmonix.fi/
https://github.com/shieldify-security/audits-portfolio-md/blob/main/HarmonixFinance-Hyperliquid-Security-Review.md
Pendle markets on it
Live Pendle markets on this asset, as of 6 Oct 2026. Rates are not shown. Market data: Pendle.
| Chain | Maturity | Principal token |
|---|---|---|
| HyperEVM | 2027-01-28 | PT-haHYPE-28JAN2027 |
Not found
What the research has not answered for this asset, said rather than left blank.
- Who can change its contracts.
- A public bug bounty programme.
- Incidents: this encyclopedia does not yet keep a record of incidents from primary sources.