Tokenizing the HLP

Historically, tokenizing a profitable yield strategy has accounted for a significant portion of total DeFi TVL. The HyperLiquid HLP offers a new source of scalable yield — yield that is typically hoarded by market makers on centralized exchanges — to the permissionless DeFi ecosystem.

Hyperliquid has the potential to scale another 10x in crypto native trading volumes, before tapping into tradfi liquidity. This step alone could bring HLP to a $3-5B TVL Vault. History shows that the majority of liquidity providers prefer a liquid tokenized solution, which allows for quick entry and exit as well as use in secondary DeFi opportunities.

A good tokenized HLP offers:

• Very High Liquidity

• Trustworthy Peg Maintenance

• Cross Chain Compatibility

• Self Sustaining Liquidity Mechanism

• Trust Minimization

bbHLP will effectively deliver on all 5, paired with a variety of secondary yield opportunities (see partners and integrations).