Hyperliquid HLP Review: What to Check Before Depositing
Hyperliquid HLP is a community-owned vault that provides liquidity and handles liquidations on Hyperliquid. The basic role is clear, but deposit rules, user costs and risk protections are not detailed enough here for a full review.
By the SkyBitcoins review team · Updated
At a glance
Hyperliquid HLP key facts
| Type | Community-owned liquidity vault |
|---|---|
| Network | Hyperliquid L1 |
| Strategies | Market making, liquidations and USDC in Earn |
| Audits | No audits listed |
| Token | HYPE |
| Value locked | $151M−11.7% 7d |
| Updated |
Hyperliquid HLP FAQs
What does Hyperliquid HLP do?
HLP is a Hyperliquid vault that uses market-making strategies, performs liquidations and supplies USDC in Earn. It accrues a portion of trading fees.
Can you lose money in Hyperliquid HLP?
HLP’s strategies expose the vault to trading and liquidation risk, so its value can fall. Deposit and withdrawal rules, user fees and risk controls are not published here; check them in Hyperliquid before committing funds.
Is Hyperliquid HLP audited?
HLP is described as fully community-owned, but no audits are listed. That alone does not establish whether it has been audited; check for current audit reports and the vault’s terms before depositing.
Compare
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How we checked
Sources
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