High Yield ETH Index (hyETH)

Description

The Index Coop High Yield ETH Index (hyETH) optimizes risk-adjusted yield for ETH holders by allocating deposits across high-yield lending opportunities.

Fees

20% Performance Fee | 0.00% Streaming | 0.00% Mint | 0.00% Redeem

Technical Implementation:

hyETH is 100% allocated to this Gauntlet-managed Morpho Vault. The hyETH token acts as a wrapper around the vault, allowing any incentives distributed to the vault to be compounded back into the product. Learn more about Morpho Vaults here.

Details

• Token Contract: 0xc4506022Fb8090774E8A628d5084EED61D9B99Ee

• Protocol: Index Protocol V1 (Ethereum)

• Smart Contract Apparatus:

Contract	Description
BaseManagerV2	used to operate, rebalance, and update contracts connected to the product; product-specific contract
FeeSplitExtension	connects the product to the Streaming Fee Module; product-specific contract
AuctionRebalanceExtension	connects the product to the Auction Rebalance Module; product-specific contract
AuctionRebalanceModule	used to execute auction rebalancing for the product; protocol-wide contract
DebtIssuanceModuleV2_1	used to issue and redeem units of the product token; protocol-wide contract
StreamingFeeModule	used to charge and update fees on the product; protocol-wide contract

Cross-chain Implementation:

• Bridging Protocol: Chainlink CCIP

• Bridged Token Contract - Arbitrum: 0x8b5D1d8B3466eC21f8eE33cE63F319642c026142

• Bridged Token Contract - Base: 0xC73e76Aa9F14C1837CDB49bd028E8Ff5a0a71dAD

Additional Resources:

• hyETH Product Page - indexcoop.com

• hyETH Dune Dashboard

• hyETH Presale Analytics

• Blog Post: Introducing the High Yield ETH Index

• IIP-185: Launch the High Yield ETH Index Presale

• IIP-188: Upgrades to High Yield ETH Index

• Blog Post: We're Upgrading hyETH with Morpho

• About Morpho Labs

• About Gauntlet

Contact Us

Drop into the Index Coop Discord Server - this is the fastest way to have a real person answer any questions you have!