Start depositing your $cmETH into the HyperEVM Pre-Deposit Vault to gain early access to the HyperEVM ecosystem and earn rewards from top protocols like HyperBeat, HyperLend, and Mizu!
This integration reinforces our vision for greater ecosystem expansion in 2025, ensuring $cmETH remains a key liquidity asset across multiple networks. With multi-protocol incentives and compounding rewards, depositors can enjoy diversified yield opportunities while positioning for HyperEVM’s launch.
Deposit NowWhat is the HyperEVM Pre-Deposit Vault?
The HyperEVM Pre-Deposit Vault is a community-driven initiative designed to provide users early access to the HyperEVM ecosystem. As demand for HyperEVM’s expanding network grows, the Pre-Deposit Vault allows participants to deploy assets ahead of the mainnet launch.
Once HyperEVM is live, whitelisted assets — including $cmETH — will be bridged and deployed into partner protocols, ensuring immediate utility and liquidity. In return, depositors earn rewards from participating protocols, benefiting from diversified yield opportunities and points-based incentives.
Rewards for Depositors
On top of staking yields and restaking rewards, users who deposit $cmETH into the HyperEVM Pre-Deposit Vault will earn their shares of the following:
- Incentive Pool (51M HyperBeat Points)
- Partner Ecosystem Rewards
Incentive Pool (51M Hyperbeat Points)
51M HyperBeat points will be allocated to all participants, including $cmETH depositors, and distributed through a Stake-Days model to ensure a fair allocation. This system tracks deposit duration and amount, determining each depositor's share of point rewards.
Rewards are distributed weekly, with stake-days (Deposit Amount × Duration Staked) determining each participant's proportional allocation. Longer and larger stakes yield higher rewards, reinforcing sustained participation. The full 51M points pool will be allocated 30 days post-launch.
Withdrawals before the distribution period ends reduce stake-days, lowering accrued points and impacting final rewards. Once fully distributed, HyperBeat points may be converted into governance tokens, airdrops, or other ecosystem benefits.
Partner Protocol Rewards
$cmETH depositors also qualify for additional rewards from partner protocols, which are independent of the 51M HyperBeat points pool. Eligible rewards include:
- HyperLend points
- Felix points
- Mizu Points
- Veda points
- Etherfi points
- Lombard points
- Swell tokens
- Router tokens
For more details on rewards distribution, please check out the announcement here.
Important Notes
Currently, there is no publicly disclosed official date for the HyperEVM mainnet launch. The HyperEVM Pre-Deposit Vault will operate on Ethereum pre-launch and transition to HyperEVM once the mainnet is live, with assets bridged accordingly. As a result, Ethereum gas fees will apply to deposits and withdrawals pre-launch.
While the vault has undergone security audits to ensure compliance with industry standards, users should be aware of potential risks, including smart contract vulnerabilities, liquidity risks, and bridging risks inherent to DeFi protocols.
If you have any questions, please reach out to our friendly moderators on Discord.