Doublet Λd scattering and the hypertriton are studied in the framework of an effective field theory for large scattering lengths. As in the triton case, consistent renormalization requires a oneparameter three-body force at leading order whose renormalization group evolution is governed by a limit cycle. Constraining unknown parameters from symmetry considerations and the measured binding energy of the hypertriton, we calculate the low-energy phase shifts for doublet Λd scattering. For the low-energy parameters, we find a Λd = (16.8 +4.4 −2.4 ) fm and r Λd = (2.3 ± 0.3) fm, where the errors are due to the uncertainty in the hypertriton binding energy. Since the hypertriton is extremely shallow, low-energy three-body observables in this channel are very insensitive to the exact values of the ΛN low-energy parameters.