
Tokenized HLP that you can use in DeFi
Deposit

USDT0

USDHL

USDe
Earn Hyperliquid funding rate while staying entirely liquid and composable with the receipt token WHLP.
APY
HLP TVL
Holders

HLP
vs

WHLP

HLP

WHLP
Earn Hyperliquid Trading Fees
Earn Profits from Hyperliquid
Used as Collateral in DeFi
Can be used to trade
Used in DEX Liquidity Pools
Can be Looped
Supported Deposit Assets





HLP
vs

WHLP
HLP
WHLP
Earn Hyperliquid Trading Fees
Earn Profits from Hyperliquid
Used as Collateral in DeFi
Can be used to trade
Used in DEX Liquidity Pools
Can be Looped
Supported Deposit Assets





HLP
vs

WHLP

HLP

WHLP
Earn Hyperliquid Trading Fees
Earn Profits from Hyperliquid
Used as Collateral in DeFi
Can be used to trade
Used in DEX Liquidity Pools
Can be Looped
Supported Deposit Assets




Wrapped HLP is built, distributed, and used by the best of the Hyperliquid ecosystem
Wrapped HLP is built, distributed, and used by the best of the Hyperliquid ecosystem

HLP Performance
This community-owned vault provides liquidity to Hyperliquid through multiple market making strategies, performs liquidations, and accrues platform fees.
Vault Performance
1 Year
Monthly Return
Unlock Multipliers on your Wrapped HLP rewards



FAQ's
Description
What is WHLP?
Wrapped HyperLiquidity Provider (WHLP), developed by Looping Collective, is a USD-denominated token that automatically deposits into HLP. Initially valued at 1.00 USD per WHLP, its value appreciates over time as HLP rewards accrue. WHLP is a tokenized representation of HyperLiquidity Provider (HLP), which enables holders to earn HLP’s yield while retaining full liquidity and DeFi composability on HyperEVM.
What is HLP?
HLP (Hyperliquidity Provider) is a permissionless vault on Hyperliquid that enables users to passively earn from market-making and liquidation backstops across all trading pairs, without paying any depositor fees. Profits are distributed directly to liquidity providers, offering community ownership over revenue streams traditionally reserved for internal trading desks.
Are there any withdrawal limits?
Standard Withdrawals: Immediate processing when sufficient HyperEVM liquidity exists
Daily Limit: Maximum 20% of total deposits processable within 24 hours
High Demand: Up to 4 days processing time when requests exceed 20% of vault deposits
What is Looping Collective?
The Looping Collective is a community of users, builders, and ecosystem partners who co-create and manage Liquid Looping Tokens (LLTs).
We’re launching one LLT per top crypto-asset. Each LLT pools liquidity from validators, LSTs, and LPs into a single, composable asset. That pooled liquidity then drives a flywheel that rewards contributors and unlocks airdrop multipliers across our products.
In short, it’s a community-driven standard to unify looping liquidity and unlock more value for everyone.
What is WHLP?
Wrapped HyperLiquidity Provider (WHLP), developed by Looping Collective, is a USD-denominated token that automatically deposits into HLP. Initially valued at 1.00 USD per WHLP, its value appreciates over time as HLP rewards accrue. WHLP is a tokenized representation of HyperLiquidity Provider (HLP), which enables holders to earn HLP’s yield while retaining full liquidity and DeFi composability on HyperEVM.
What is HLP?
HLP (Hyperliquidity Provider) is a permissionless vault on Hyperliquid that enables users to passively earn from market-making and liquidation backstops across all trading pairs, without paying any depositor fees. Profits are distributed directly to liquidity providers, offering community ownership over revenue streams traditionally reserved for internal trading desks.
Are there any withdrawal limits?
Standard Withdrawals: Immediate processing when sufficient HyperEVM liquidity exists
Daily Limit: Maximum 20% of total deposits processable within 24 hours
High Demand: Up to 4 days processing time when requests exceed 20% of vault deposits
What is Looping Collective?
The Looping Collective is a community of users, builders, and ecosystem partners who co-create and manage Liquid Looping Tokens (LLTs).
We’re launching one LLT per top crypto-asset. Each LLT pools liquidity from validators, LSTs, and LPs into a single, composable asset. That pooled liquidity then drives a flywheel that rewards contributors and unlocks airdrop multipliers across our products.
In short, it’s a community-driven standard to unify looping liquidity and unlock more value for everyone.
What is WHLP?
Wrapped HyperLiquidity Provider (WHLP), developed by Looping Collective, is a USD-denominated token that automatically deposits into HLP. Initially valued at 1.00 USD per WHLP, its value appreciates over time as HLP rewards accrue. WHLP is a tokenized representation of HyperLiquidity Provider (HLP), which enables holders to earn HLP’s yield while retaining full liquidity and DeFi composability on HyperEVM.
What is HLP?
HLP (Hyperliquidity Provider) is a permissionless vault on Hyperliquid that enables users to passively earn from market-making and liquidation backstops across all trading pairs, without paying any depositor fees. Profits are distributed directly to liquidity providers, offering community ownership over revenue streams traditionally reserved for internal trading desks.
Are there any withdrawal limits?
Standard Withdrawals: Immediate processing when sufficient HyperEVM liquidity exists
Daily Limit: Maximum 20% of total deposits processable within 24 hours
High Demand: Up to 4 days processing time when requests exceed 20% of vault deposits
What is Looping Collective?
The Looping Collective is a community of users, builders, and ecosystem partners who co-create and manage Liquid Looping Tokens (LLTs).
We’re launching one LLT per top crypto-asset. Each LLT pools liquidity from validators, LSTs, and LPs into a single, composable asset. That pooled liquidity then drives a flywheel that rewards contributors and unlocks airdrop multipliers across our products.
In short, it’s a community-driven standard to unify looping liquidity and unlock more value for everyone.