Derivatives
Hyperliquid HLP
Total TVL
$260.57M
Active pools
0
Chains supported
1
Official site: https://app.hyperliquid.xyz ↗
Overview
Hyperliquid HLP is a derivatives protocol that facilitates leveraged trading and margin positions through perpetual swaps, enabling users to gain exposure to price movements without owning the underlying assets directly. The platform generates revenue from trading fees while participants benefit from leverage and market volatility.
The protocol holds $375M in TVL across 0 active pools on 0 chains; however, the chain breakdown shows a singular focus on Hyperliquid L1 at 100%. This concentration implies significant risk exposure to any issues or changes specific to this single chain.
No public audit references are available for Hyperliquid HLP. The protocol has an official website but lacks market cap data, indicating that token economics details are not provided publicly.
Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.
TVL by chain
| Chain | TVL on chain |
|---|---|
| Hyperliquid L1 | $260.57M |
TVL history
FAQ
› What is Hyperliquid HLP?
Hyperliquidity Provider (HLP) is a protocol vault that provides liquidity to Hyperliquid through multiple market making strategies, performs liquidations, supplies USDC in Earn, and accrues a portion of trading fees. HLP democratizes strategies typically reserved for privileged parties on other exchanges. HLP is fully community-owned.
› How much TVL does Hyperliquid HLP have?
Hyperliquid HLP has $260.57M in total value locked across all supported chains as of the last refresh.
› How many active pools does Hyperliquid HLP have?
We currently track 0 active pools for Hyperliquid HLP.
› Is Hyperliquid HLP audited?
Audit information is not available in our data. Always check the protocol's official documentation before depositing.
See our methodology for how this data is collected.