What is the HLP?

HLP is comprised of two market making strategies and a liquidation strategy. The result is a vault that makes trades around the spread, like a market maker, without attempting to take directional risk. The vault trades "against" traders on the Hyperliquid DEX L1. Generally, the vault is very profitable, but it does sometimes take losses.

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Last updated 1 month ago

HLP is comprised of two market making strategies and a liquidation strategy. The result is a vault that makes trades around the spread, like a market maker, without attempting to take directional risk. The vault trades "against" traders on the Hyperliquid DEX L1. Generally, the vault is very profitable, but it does sometimes take losses.