Hyperliquidity Provider (HLP)
Hyperliquidity Provider (HLP) is a hyperliquid vault managed by 0x677d...84e7. Based on the latest metrics, it represents a balanced profile between yield and drawdown risk.
VaultVision is a live Hyperliquid vault scanner for TVL, APR, drawdown, risk score, entry quality, whale flow, alerts, and manual mirror research. This page is the product view for one vault, with links to the broader rankings and scanner pages below.
- APR
- +0.1%
- TVL
- $277.5M
- Risk Score
- 64/100 (moderate)
Hyperliquidity Provider (HLP) Hyperliquid vault: TVL, performance, risk
If you searched for Hyperliquidity Provider (HLP) on Hyperliquid, this is the live VaultVision scanner page for that vault. Current snapshot: $277.5M TVL, +0.1% APR, — 30-day return, — 90-day return, 25.1% 30-day max drawdown, and 64/100 VaultVision risk score. Leader: 0x677d...84e7.
Use this page as the detail view, then compare it against Hyperliquid vault TVL rankings, the vault scanner, and the compare view before allocating.
Current HLP APR, TVL, drawdown, and risk
For searches like Hyperliquid HLP vault current APR TVL, this page is the direct HLP vault detail. The current VaultVision snapshot shows +0.1%, $277.5M TVL, 25.1% 30-day max drawdown, and 64/100 risk. Treat HLP as protocol market-making exposure, not a fixed-yield product.
Before sizing HLP, compare the same data in the Hyperliquid vault TVL rankings, HLP alternatives screen, and HLP vs LLP comparison.
Want a human read before depositing into Hyperliquidity Provider (HLP)?
Get a quick check on entry timing, capacity, whale flow, drawdown risk, and whether the setup fits your size. Current context: $277.5M TVL, risk score 64/100.
Performance snapshot for Hyperliquidity Provider (HLP)
- Max drawdown (30d): 25.1%
- Volatility (30d): 42.8%
HLP APR and TVL — live snapshot
The Hyperliquidity Provider (HLP) is the native market-making vault on Hyperliquid. HLP accrues a portion of trading fees from every perp market, plus the PnL from its own on-book quoting and from liquidations routed to it. Current HLP APR is +0.1%, current HLP TVL is $277.5M, 30-day return review in live chart, 90-day return review in live chart, max 30-day drawdown 25.1%, VaultVision risk score 64/100. All numbers recompute from on-chain state every few minutes.
HLP historical performance pattern
HLP APR is not a fixed yield — it tracks perp market activity. Quiet, range-bound weeks compress HLP APR below 10% annualized; busy, volatile weeks (funding spikes, ADL events, new-listing volume) push HLP APR well above 20% annualized. The long-run average settles between those extremes. Max drawdowns are rare and tied to two specific event types: forced position unwinds via Auto-Deleveraging (ADL) on rogue-coin squeezes, and one-sided funding flips where HLP sits on the losing side through the squeeze window.
Known tail events
- JELLY (March 2025): coordinated squeeze on a low-liquidity perp forced HLP to absorb the unwind at a loss on the order of ~$12M. Resolved via ADL and a delisting decision.
- FARTCOIN (April 2026): a smaller but similar tail event — HLP caught the wrong side of a short-term squeeze, ~$1.5M impact, resolved through ADL routing.
For the full mechanics, fee split, and 4-day lockup detail see the HLP explainer.
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Frequently asked questions
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