Live public evidence / Hyperliquid vault researchNo custody / no execution / independent analytics
VaultVisionHL · Vault research
Live Hyperliquid vault comparison

HLP vs BredoStrategy

A current diligence comparison of the native HLP benchmark and BredoStrategy, without treating APR or one score as a permanent winner.

Protocol benchmark

Hyperliquidity Provider (HLP)

TVL$179.8M
APR+3.7%
30D+0.3%
Max DD0.0%
Risk10/100
EntryInsufficient evidence
Depositsprotocol_open
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Leader vault

BredoStrategy

TVL$5.5M
APR+208.4%
30D+30.0%
Max DD29.7%
Risk62/100
EntryNeutral 56
DepositsRecheck deposits
View vault detail
What differs now

Read the trade-off, not a winner

  • HLP currently has the larger TVL ($179.8M versus $5.5M).
  • HLP has the lower current VaultVision risk score; the scores are 10 and 62 respectively.
  • HLP has the shallower current 30-day max drawdown; recheck the full path before treating that snapshot as stable.
  • BredoStrategy adds manager and strategy-specific exposure; HLP is the native protocol market-making benchmark.

Checked Oct 15, 2026 03:57 UTC. Metrics render from the current VaultVision backend snapshot; no performance value is hard-coded into this page.