HLP (Hyperliquidity Provider) is Hyperliquid's flagship market-maker vault. Depositors provide USDC that the protocol uses to market-make on perp markets; depositors share in the resulting PnL.

HLP APR varies with market activity and PnL — it is not a fixed yield. The vaults page shows the trailing performance and 7-day PnL so depositors can evaluate recent returns.

Data as ofOct 2, 2026 · 00:19 UTC

Vaults & HLP

Snapshot of HLP, Hyperliquid's own market-making vault, and the largest open user vaults on HyperCore (HLP's own strategy vaults excluded). HyperEVM protocol vaults are covered on the yields page.

Last updated 2026-10-02 00:19 UTC

Vault

Hyperliquidity Provider (HLP)

$183.07M

4.10%APR

7d PnL$166.55K

Depositors100+

0xdfc24b077bc1425ad1dea75bcb6f8158e10df303

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Largest user vaults

Open user vaults ranked by TVL in the Hyperliquid vault list, as of 2026-10-01 21:07 UTC. APR as reported by Hyperliquid. Listing is not an endorsement.

Vault	TVL	24h Δ	APR	Address
drkmttr	$13.27M	+1.29%	60.18%	0xc179…e0c8
Growi HF	$12.58M	-0.65%	32.47%	0x1e37…8d5e
[ Systemic Strategies ] L/S Grids	$10.94M	+2.22%	-11.85%	0x07fd…689d
DOUBLETOP Vault	$6.74M	+0.58%	113.79%	0x53f8…ceff