LogoLogo
  • Overview
    • wHLP Docs - Intro
  • What is the HLP?
  • Tokenizing the HLP
  • wHLP
    • Architecture
    • Depositing into wHLP
    • Redemption from wHLP
    • Cross Chain Compatibility
    • Fees
    • Oracles
  • Partners and Integrations
  • LEGAL
    • Terms of Service
    • Privacy Policy
    • Risks
  • COMMUNITY
    • Discord
    • Twitter
    • Medium
  • Blueberry V1 Doc's
Powered by GitBook
On this page

What is the HLP?

PreviouswHLP Docs - IntroNextTokenizing the HLP

Last updated 1 day 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 Core DEX. Generally, the vault is very profitable, but it does sometimes take losses. The owner of the vault is the consensus of the validators for HyperLiquid Core. The vault receives its yield from two sources - 1) Market-Making on HyperLiquid Core Perp markets 2) A portion of all fees generated on HyperLiquid Core Useful Links -

Protocol vaults | Hyperliquid Docs
Vault Info
DefiLlamaDefiLlama
Vault TVL
Hyperliquid
Vault Stats
Logo
https://data.asxn.xyz/dashboard/hl-risk-metricsdata.asxn.xyz
Vault Analytics
Logo
Logo