DefiLlama · darvinrio · Sep 29, 2025 · Sep 29, 2025 · Sep 29, 2025 · Oct 10, 2025
diff --git a/projects/hyperwave/constants.js b/projects/hyperwave/constants.js
@@ -3,6 +3,7 @@ const ADDRESSES = require('../helper/coreAssets.json');
 // Vault Addresses
 const HWLP_VAULT = "0x9FD7466f987Fd4C45a5BBDe22ED8aba5BC8D72d1";
 const HWHYPE_VAULT = "0x4DE03cA1F02591B717495cfA19913aD56a2f5858";
+const HWUSD_VAULT = "0xa2f8Da4a55898B6c947Fa392eF8d6BFd87A4Ff77";
 
 // HyperLiquid Multi-Sigs
 const MS_1 = "0x128Cc5830214aBAF05A0aC178469a28de56c0BA9";
@@ -43,15 +44,116 @@ const HWHYPE_VAULT_TOKENS = [
     '0x31CC92a2f8c02b8F9f427c48f12E21a848e69847', // PT-vkHYPE (pendle)
 ];
 
-const META_MORPHO_VAULTS = [
+const HYPEREVM_HWUSD_VAULT_TOKENS = [
+    ADDRESSES.hyperliquid.USDT0,
+    ADDRESSES.hyperliquid.USDe,
+    '0xb50A96253aBDF803D85efcDce07Ad8becBc52BD5', // USDHl
+    '0x1Ca7e21B2dAa5Ab2eB9de7cf8f34dCf9c8683007', // hyUSDT0 (hypurrfi)
+    '0xe8F7D82A73f13A64d689e7ddAD06139BFb51f9C6', // hyUSDe (hypurrfi)
+    '0xFd32712A1cb152c03a62D54557fcb1dE372ABfe9', // hyUSDHl (hypurrfi)
+    '0x333819c04975554260AaC119948562a0E24C2bd6', // hUSDe (hyperlend)
+    '0x10982ad645D5A112606534d8567418Cf64c14cB5', // hUSDT0 (hyperlend)
+    '0x0b936DE4370E4B2bE947C01fe0a6FB5f987c4709', // hUSDHl (hyperlend)
+];
+const ETHEREUM_HWUSD_VAULT_TOKENS = [
+    ADDRESSES.ethereum.USDC,
+    ADDRESSES.ethereum.USDT,
+    ADDRESSES.ethereum.USDe,
+    '0x98C23E9d8f34FEFb1B7BD6a91B7FF122F4e16F5c', // aUSDC (Aave)
+    '0x23878914EFE38d27C4D67Ab83ed1b93A74D4086a', // aUSDT (Aave)
+    '0x4F5923Fc5FD4a93352581b38B7cD26943012DECF', // aUSDe (Aave)
+];
+const BASE_HWUSD_VAULT_TOKENS = [
+    ADDRESSES.base.USDC,
+    '0x5d3a1Ff2b6BAb83b63cd9AD0787074081a52ef34', // USDe,
+    '0x4e65fE4DbA92790696d040ac24Aa414708F5c0AB', // aUSDC (Aave)
+];
+
+const HWHYPE_META_MORPHO_VAULTS = [
     {
         wallet: HWHYPE_VAULT,
         vault: "0x2900ABd73631b2f60747e687095537B673c06A76",
         underlying: ADDRESSES.hyperliquid.WHYPE,
         decimals: 18,
+        chain: 'hyperliquid'
     },
 ];
 
+const HWUSD_META_MORPHO_VAULTS = [
+    {
+        // feUSDe
+        wallet: HWUSD_VAULT,
+        vault: "0x835FEBF893c6DdDee5CF762B0f8e31C5B06938ab",
+        underlying: ADDRESSES.hyperliquid.USDe,
+        decimals: 18,
+        chain: 'hyperliquid'
+    },
+    {
+        // feUSDT0
+        wallet: HWUSD_VAULT,
+        vault: "0xFc5126377F0efc0041C0969Ef9BA903Ce67d151e",
+        underlying: ADDRESSES.hyperliquid.USDT0,
+        decimals: 18,
+        chain: 'hyperliquid'
+    },
+    {
+        // feUSDC
+        wallet: HWUSD_VAULT,
+        vault: "0x8A862fD6c12f9ad34C9c2ff45AB2b6712e8CEa27",
+        underlying: "0xb88339CB7199b77E23DB6E890353E22632Ba630f", // USDC on HyperLiquid
+        decimals: 18,
+        chain: 'hyperliquid'
+    },
+    {
+        // steakhouse USDT
+        wallet: HWUSD_VAULT,
+        vault: "0xbEef047a543E45807105E51A8BBEFCc5950fcfBa",
+        underlying: ADDRESSES.ethereum.USDT,
+        decimals: 18,
+        chain: 'ethereum'
+    },
+    {
+        // steakhouse USDC
+        wallet: HWUSD_VAULT,
+        vault: "0xBEEF01735c132Ada46AA9aA4c54623cAA92A64CB",
+        underlying: ADDRESSES.ethereum.USDC,
+        decimals: 18,
+        chain: 'ethereum'
+    },
+    {
+        // mev capital usdc
+        wallet: HWUSD_VAULT,
+        vault: "0xd63070114470f685b75B74D60EEc7c1113d33a3D",
+        underlying: ADDRESSES.ethereum.USDC,
+        decimals: 18,
+        chain: 'ethereum'
+    },
+    {
+        // smokehouse USDC
+        wallet: HWUSD_VAULT,
+        vault: "0xBEeFFF209270748ddd194831b3fa287a5386f5bC",
+        underlying: ADDRESSES.ethereum.USDC,
+        decimals: 18,
+        chain: 'ethereum'
+    },
+    {
+        // spark USDC
+        wallet: HWUSD_VAULT,
+        vault: "0x7BfA7C4f149E7415b73bdeDfe609237e29CBF34A",
+        underlying: ADDRESSES.base.USDC,
+        decimals: 18,
+        chain: 'base'
+    },
+    {
+        // seamless USDC
+        wallet: HWUSD_VAULT,
+        vault: "0x616a4E1db48e22028f6bbf20444Cd3b8e3273738",
+        underlying: ADDRESSES.base.USDC,
+        decimals: 18,
+        chain: 'base'
+    },
+]
+
 // HyperCore Token Configurations
 const HYPER_CORE_TOKENS = [
     {
@@ -80,13 +182,18 @@ module.exports = {
     ADDRESSES,
     HWLP_VAULT,
     HWHYPE_VAULT,
+    HWUSD_VAULT,
     MS_ALL,
     HLP_VAULT,
     DELAY,
     HWLP_VAULT_TOKENS,
     MAINNET_HWLP_VAULT_TOKENS,
     HWHYPE_VAULT_TOKENS,
-    META_MORPHO_VAULTS,
+    HYPEREVM_HWUSD_VAULT_TOKENS,
+    ETHEREUM_HWUSD_VAULT_TOKENS,
+    BASE_HWUSD_VAULT_TOKENS,
+    HWHYPE_META_MORPHO_VAULTS,
+    HWUSD_META_MORPHO_VAULTS,
     HYPER_CORE_TOKENS,
     KHYPE_DEPLOYMENTS,
 };
diff --git a/projects/hyperwave/evm/erc20.js b/projects/hyperwave/evm/erc20.js
@@ -1,5 +1,5 @@
 const { sumTokens2 } = require('../../helper/unwrapLPs');
-const { HWLP_VAULT, MAINNET_HWLP_VAULT_TOKENS, HWLP_VAULT_TOKENS, HWHYPE_VAULT, HWHYPE_VAULT_TOKENS } = require('../constants');
+const { HWLP_VAULT, MAINNET_HWLP_VAULT_TOKENS, HWLP_VAULT_TOKENS, HWHYPE_VAULT, HWHYPE_VAULT_TOKENS, HWUSD_VAULT, ETHEREUM_HWUSD_VAULT_TOKENS, BASE_HWUSD_VAULT_TOKENS, HYPEREVM_HWUSD_VAULT_TOKENS } = require('../constants');
 
 /**
  * Calculate TVL for HWHLP vault on HyperLiquid chain
@@ -37,10 +37,48 @@ async function hwhypeVaultTvl(api) {
         tokens: HWHYPE_VAULT_TOKENS,
     });
 }
+/**
+ * Calculate TVL for HWUSD vault on Ethereum mainnet
+ */
+async function mainnetHwusdVaultTvl(api) {
+    return sumTokens2({
+        api,
+        owner: HWUSD_VAULT,
+        chain: 'ethereum',
+        tokens: ETHEREUM_HWUSD_VAULT_TOKENS,
+    });
+}
+
+/**
+ * Calculate TVL for HWUSD vault on HyperLiquid chain
+ */
+async function hyperevmHwhusdVaultTvl(api) {
+    return sumTokens2({
+        api,
+        owner: HWUSD_VAULT,
+        chain: 'hyperliquid',
+        tokens: HYPEREVM_HWUSD_VAULT_TOKENS,
+    });
+}
+
+/** 
+ * Calculate TVL for HWUSD vault on Base chain
+ */
+async function baseHwusdVaultTvl(api) {
+    return sumTokens2({
+        api,
+        owner: HWUSD_VAULT,
+        chain: 'base',
+        tokens: BASE_HWUSD_VAULT_TOKENS,
+    });
+}
 
 
 module.exports = {
     hwhlpVaultTvl,
     mainnetHwhlpVaultTvl,
     hwhypeVaultTvl,
+    mainnetHwusdVaultTvl,
+    hyperevmHwhusdVaultTvl,
+    baseHwusdVaultTvl,
 };
diff --git a/projects/hyperwave/evm/morpho.js b/projects/hyperwave/evm/morpho.js
@@ -1,23 +1,22 @@
 const sdk = require('@defillama/sdk');
 const { sumUnknownTokens } = require('../../helper/unknownTokens');
-const { META_MORPHO_VAULTS } = require('../constants');
+const { HWHYPE_META_MORPHO_VAULTS, HWUSD_META_MORPHO_VAULTS } = require('../constants');
 
 /**
  * Process Meta Morpho vault positions
  */
-async function processVaults(api) {
-    const vaults = [...META_MORPHO_VAULTS];
+async function processVaults(api, vaults, chain) {
 
     const [supplies, rates] = await Promise.all([
         sdk.api.abi.multiCall({
             calls: vaults.map(v => ({ target: v.vault, params: [v.wallet] })),
             abi: 'erc20:balanceOf',
-            chain: 'hyperliquid'
+            chain: chain
         }),
         sdk.api.abi.multiCall({
             calls: vaults.map(v => ({ target: v.vault, params: [(10 ** v.decimals).toString()] })),
             abi: "function convertToAssets(uint256 shares) view returns (uint256 assets)",
-            chain: 'hyperliquid'
+            chain: chain
         }),
     ]);
 
@@ -35,6 +34,30 @@ async function processVaults(api) {
     return sumUnknownTokens({ api, useDefaultCoreAssets: true });
 }
 
+async function hyperevmHwhypeMorphoTvl(api) {
+    const vaults = [...HWHYPE_META_MORPHO_VAULTS];
+    return processVaults(api, vaults, 'hyperliquid');
+}
+
+async function hyperevmHwusdMorphoTvl(api) {
+    const vaults = [...HWUSD_META_MORPHO_VAULTS].filter(v => v.chain === 'hyperliquid');
+    return processVaults(api, vaults, 'hyperliquid');
+}
+
+async function mainnetHwusdMorphoTvl(api) {
+    const vaults = [...HWUSD_META_MORPHO_VAULTS].filter(v => v.chain === 'ethereum');
+    return processVaults(api, vaults, 'ethereum');
+}
+
+async function baseHwusdMorphoTvl(api) {
+    const vaults = [...HWUSD_META_MORPHO_VAULTS].filter(v => v.chain === 'base');
+    return processVaults(api, vaults, 'base');
+}
+
+
 module.exports = {
-    processVaults,
+    hyperevmHwhypeMorphoTvl,
+    hyperevmHwusdMorphoTvl,
+    mainnetHwusdMorphoTvl,
+    baseHwusdMorphoTvl
 };
diff --git a/projects/hyperwave/index.js b/projects/hyperwave/index.js
@@ -1,24 +1,44 @@
 const sdk = require('@defillama/sdk');
 
 // Import vault TVL calculation functions
-const { processVaults } = require('./evm/morpho');
+const { hyperevmHwhypeMorphoTvl, hyperevmHwusdMorphoTvl, mainnetHwusdMorphoTvl, baseHwusdMorphoTvl } = require('./evm/morpho');
 const { hypercoreHwhlpVaultTvl, hyperCoreSpotBalance } = require('./hypercore/index');
-const { mainnetHwhlpVaultTvl, hwhlpVaultTvl, hwhypeVaultTvl } = require('./evm/erc20');
+const { mainnetHwhlpVaultTvl, hwhlpVaultTvl, hwhypeVaultTvl, mainnetHwusdVaultTvl, hyperevmHwhusdVaultTvl, baseHwusdVaultTvl } = require('./evm/erc20');
 const { khypeUnstaking } = require('./evm/khype');
 
 module.exports = {
     timetravel: false,
     methodology: 'TVL represents the sum of tokens deposited in the vault + HLP positions + HyperCore Spot positions.',
     doublecounted: false,
-    ethereum: { tvl: mainnetHwhlpVaultTvl },
+    ethereum: { 
+        tvl: sdk.util.sumChainTvls([
+            // hwHLP
+            mainnetHwhlpVaultTvl,
+            // hwUSD
+            mainnetHwusdVaultTvl,
+            mainnetHwusdMorphoTvl,
+        ]) 
+    },
+    base: { 
+        tvl:sdk.util.sumChainTvls([
+            // hwUSD
+            baseHwusdVaultTvl,
+            baseHwusdMorphoTvl,
+        ])
+    },
     arbitrum: { tvl: hypercoreHwhlpVaultTvl },
     hyperliquid: { 
         tvl: sdk.util.sumChainTvls([
+            // hwHLP
             hwhlpVaultTvl,
             hyperCoreSpotBalance,
+            // hwHYPE
             hwhypeVaultTvl,
-            processVaults,
+            hyperevmHwhypeMorphoTvl,
             khypeUnstaking,
+            // hwUSD
+            hyperevmHwhusdVaultTvl,
+            hyperevmHwusdMorphoTvl,
         ])
     },
 };