mHyperBTC is a yield-bearing Bitcoin derivative deployed on Base at address 0xc8495eaff71d3a563b906295fcf2f685b1783085. It functions as the ERC-20 representation of Hyperliquid’s mBTC, allowing holders to maintain full BTC exposure while capturing protocol-generated yield from the Hyperliquid ecosystem.
While the token shows no current activity on Base’s Aerodrome or vote markets, it is actively structured in Pendle markets on Ethereum. Two active maturity cohorts (April 2026 and September 2026) show implied APYs between 3.5% and 5.1%, with over $5 million in combined TVL. The token’s yield profile is currently in equilibrium, with Ink identified as the top yield-token program.