Overview

What is WHLP?

Wrapped HyperLiquidity Provider (WHLP), developed by Looping Collective, is a USD-denominated token that automatically deposits into HLP. Initially valued at 1.00 USD per WHLP, its value appreciates over time as HLP rewards accrue. WHLP is a tokenized representation of HyperLiquidity Provider (HLP), that enables holders to earn HLP’s yield while retaining full liquidity and DeFi composability on HyperEVM.

Target APY: ~10% Performance Fee: 10% Accepted Assets: USDT0, USDE (coming soon) and USDHL (coming soon) Management: Nucleus Frontend: HyperLend, Staking Rewards (coming soon),

What is HLP?

HLP, Hyperliquidity Provider, is a permissionless vault on Hyperliquid that:

• Passively market makes across all trading pairs

• Backstops liquidations on the platform

• Returns profits directly to liquidity providers

• Operates without charging depositor fees

• Represents community ownership of market-making profits typically captured by internal trading desks

Note that HLP past performance is not a guarantee for future returns

Past Monthly Returns of HLP

Learn More About HLP Here View HLP Fees and Monthly Returns Stats Here