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Hyperwave
Hyperwave
Alchemy CustomerDeFi yield aggregators

Hyperwave

A yield protocol on Hyperliquid that tokenizes the HLP market-making vault into hwHLP, a liquid yield-bearing token usable across HyperEVM and Ethereum.

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Transaction Fees, Open-source
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What is Hyperwave?

Hyperwave is a yield protocol on Hyperliquid that tokenizes Hyperliquid's HLP market-making vault into hwHLP, a liquid receipt token that earns HLP yield while staying composable across DeFi. Users deposit USDT0, USDe, or USDHL to mint hwHLP on HyperEVM or Ethereum, and can also use hwHYPE, an automated vault that optimizes HYPE deployment across HyperEVM lending markets.

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