Hyperliquid HLP (Hyperliquidity Provider) Vault

Hyperliquidity Provider (HLP) is a hyperliquid vault managed by 0x677d...84e7. Based on the latest metrics, it represents a conservative profile with limited drawdown exposure.

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
+3.7%
TVL
$188.0M
30d Return
+0.5%
Risk Score
10/100 (low)

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: $188.0M TVL, +3.7% APR, +0.5% 30-day return, +0.7% 90-day return, 0.0% 30-day max drawdown, and 10/100 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.

What is HLP on Hyperliquid?

The Hyperliquidity Provider (HLP) is Hyperliquid's protocol market-making vault. Depositors supply capital used for on-book liquidity and liquidation handling, then share gains and losses pro rata. It is market exposure, not a fixed-yield savings product.

Hyperliquid HLP live vault snapshot

Checked September 19, 2026 at 09:52 UTC. The current VaultVision snapshot shows +3.7%, $188.0M TVL, 0.0% 30-day max drawdown, and 10/100 risk. Recheck live positions and deposit state before acting because these values change with the vault.

Read the HLP mechanics and risk explainer, compare quality-gated leader vaults in the HLP comparison hub, or inspect the Hyperliquid vault TVL rankings, HLP alternatives screen, and HLP vs LLP research.

Live HLP benchmark

Compare HLP with quality-gated leader vaults

Use the live HLP comparison index to review TVL, risk, drawdown, deposit status, and entry context side by side. VaultVision does not treat one APR or risk score as a permanent winner.

Vault Integrity Review

Need a decision-ready record on Hyperliquidity Provider (HLP)?

VaultVision checks history integrity, drawdown, exposure, concentration, capacity, lockup, fees, flow, and unresolved risks against one explicit decision. Current context: $188.0M TVL and risk score 10/100.

$750one vault · three business days · 30-minute handoff

Performance snapshot for Hyperliquidity Provider (HLP)

  • 30-day cumulative return: +0.5%
  • 90-day cumulative return: +0.7%
  • Max drawdown (30d): 0.0%
  • Volatility (30d): 0.0%

Hyperliquid HLP entity snapshot

This page owns the live Hyperliquid HLP entity query. Current entry label: Insufficient evidence. Deposit preflight: protocol_open. The latest position snapshot shows $48.6M equity, $8.8M gross exposure, balanced bias, and -$36K estimated 24-hour net flow. Liquidation-risk label: low. These are point-in-time public-state fields, not a liquidation forecast or an exact deposit ledger. Use the Hyperliquid vault scanner for leader-vault discovery, HLP comparisons for side-by-side choices, and the HLP model explainer for mechanics.

How the Hyperliquid HLP model works

HLP combines multiple market-making strategies, liquidation handling, idle-USDC supply, and a portion of protocol trading fees in one vault. Depositors receive a pro-rata share of the resulting gains or losses. The model has no fixed return and should not be treated as a savings rate.

Why HLP performance changes

HLP APR is not fixed. Market-making spreads, funding, liquidation flow, inventory, and one-sided market moves can all change the vault's return. Read the current APR beside drawdown, positions, risk, and the withdrawal lockup rather than projecting one snapshot forward.

What can make HLP lose money?

  • Inventory risk: positions can move against HLP while it provides liquidity.
  • Liquidation and ADL risk: distressed positions can be routed into the vault during thin or manipulated markets.
  • Exit timing: the withdrawal lockup can prevent an immediate exit during a fast-changing market.

For mechanics and historical incident context, read the Hyperliquid HLP model explainer. For a current side-by-side decision, open the HLP comparison hub.

Use VaultVision to compare this Hyperliquid vault

Open the scanner views that matter before depositing: rankings, risk, drawdown, TVL, alerts, and manual mirror research. These pages are rendered from the same VaultVision backend snapshot as this vault page.

Frequently asked questions

What is HLP on Hyperliquid?
HLP, or Hyperliquidity Provider, is Hyperliquid's protocol-run market-making vault. Depositors share the vault's gains and losses pro rata; HLP is market exposure, not a fixed-yield savings product.
How does the Hyperliquid HLP model work?
HLP provides on-book liquidity, handles liquidations, supplies idle USDC in Earn, and accrues a portion of trading fees. Read the HLP model explainer for mechanics and the live HLP page for current metrics.
Is HLP a guaranteed-yield vault?
No. HLP depositors share the protocol vault's gains and losses pro rata. APR is a changing historical snapshot, not a fixed or guaranteed yield.
What is the current return of Hyperliquidity Provider (HLP)?
As of September 19, 2026, Hyperliquidity Provider (HLP) shows +3.7% APR, +0.5% 30d return, +0.7% 90d return on Hyperliquid.
How risky is Hyperliquidity Provider (HLP)?
VaultVision's risk score for Hyperliquidity Provider (HLP) is 10/100 (low risk). Max drawdown over the last 30 days: 0.0%.
Who manages Hyperliquidity Provider (HLP)?
The vault leader is 0x677d...84e7. Compare their track record against other Hyperliquid vault leaders on VaultVision.
How do I deposit into Hyperliquidity Provider (HLP)?
Use VaultVision to inspect the vault first, connect your wallet, then open the deposit flow for the same Hyperliquid vault mechanics. VaultVision tracks deposit intent and observed vault-equity changes when possible; raw vault deposits are not the same thing as builder-code fee revenue. Open deposit flow →
What is the TVL of Hyperliquidity Provider (HLP)?
Current total value locked: $188.0M. Live TVL and whale-flow updates are on the vault dashboard.
What should I check before depositing into Hyperliquidity Provider (HLP)?
Check TVL $188.0M, risk 10/100, 30-day drawdown 0.0%, 30-day return +0.5%, then compare the vault against the live Hyperliquid vault scanner, TVL rankings, and drawdown screen before sizing a deposit.

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Vault decision / Hyperliquid

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ActivePublic evidenceLoading track recordLoading TVL

Building the decision from deposit-neutral return. Risk, positions, flow, and data integrity remain separate evidence.

Open on Hyperliquid
Independent by design.
One posture, traceable evidence. No return promise and no TVL-as-return fallback.
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Deposit-neutral return / coherent PnLRead-only / live
Performance path90d return / TVL excluded
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Verifying one coherent return windowSource: VaultVision public evidence API
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01 / The decision ledger

One call. Every reason.

The page does not ask you to reconcile competing AI, entry, and risk verdicts. Select any evidence row to see how it changes the single cautious-watch posture.

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02 / Performance path

Read the return, not the balance.

The chart is rebuilt from one coherent Hyperliquid pnlHistory window. TVL is shown as scale elsewhere and is never substituted for depositor return.

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03 / Risk and positions

Observed risk. Live book.

The composite score describes observed behavior. The live clearinghouse explains how the next loss could arrive.

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04 / The flow tape

Follow attention, not identities.

VaultVision surfaces rolling vault-state estimates as context. Hyperliquid does not expose the identity of an individual depositor in these observations.

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Keep this vault on watch until the current evidence supports a clearer allocation decision.

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Hyperliquidity Provider

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