Skip to content
All library documents

Hyperliquid HLP Vault Strategies, Fee Income, and Withdrawal Lockup

Article Hyperliquid docs
Read the original

Summary

Hyperliquidity Provider (HLP) is described as a community-owned protocol vault that supplies liquidity to Hyperliquid. It uses multiple market-making strategies, carries out liquidations, and supplies USDC to the platform’s Earn product. In return, the vault accrues a portion of trading fees, and contributors share its profit and loss.

The document’s practical detail for liquidity providers is the withdrawal schedule: funds are locked for four days after the most recent deposit, so each new deposit resets the start of the wait. It gives no strategy mechanics, performance history, risk measures, fee breakdown, or information about how vault decisions are governed. The description therefore outlines the vault’s roles and withdrawal constraint, but does not provide enough evidence to assess its returns or risks.

Key ideas

  • HLP provides liquidity to Hyperliquid through multiple market-making strategies.
  • The vault also performs liquidations and supplies USDC to Earn.
  • HLP accrues part of trading fees, and community contributors share its profit and loss.
  • Withdrawals become available four days after the latest deposit.

Tags

CryptoMarket makingDeFiRisk management

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.