Introducing hwHLP
The first ever liquid token that accrues yield from the Hyperliquidity Provider vault (HLP).
hwHLP lets you profit from market making and liquidations on Hypercore, while retaining your liquid assets for DeFi on HyperEVM and beyond.
The launch marks the first major step in Hyperwave’s mission to build the Hyperliquid DeFi SuperApp.
How hwHLP works
1. Deposit $USDT0 or
$USDe
2. Receive
$hwHLP
3. Boost your returns in HyperEVM and beyond
DeFi opportunities with
$hwHLP include a tri-pool with
$USDhl and
$USDXL on
@CurveFinance, along with more looping, lending, and yield trading opportunities.
Hyperwave HLP is developed with the support of key HyperEVM protocols including
@Hypurrfi,
@KittenswapHype, and
@Felixprotocol along with infrastructure partners,
@USDT0_to,
@redstone_defi,
@PythNetwork,
@Goldskyio, and
@LayerZero_core, which makes hwHLP and the deposit assets multi-chain without wrapping.
Zero fees
To celebrate the launch and give back to the
@HyperliquidX community, fees will be ZERO for the first 90 days, after which they will remain below market rate.
FAQ
1. What is HLP?
Hyperliquidity Provider (HLP) is a powerful community-driven strategy vault that enables anyone to generate revenue from market making, liquidations, and trading fees on Hypercore—democratizing a revenue source that on other exchanges is typically reserved for privileged parties.
2. Who is behind Hyperwave?
Hyperwave is incubated by Swell Labs.
3. How can I withdraw?
Withdrawals will be enabled within 2 weeks, and will take 2 days to process.
4. Where can I get support?
Join the Hyperwave community in Discord:
discord.gg/hyperwave
5. How can I stay updated on Hyperwave?
Follow
@Hyperwavefi