@choy
Everyone is bullish on @hyperliquid and after using it, why not? One of the smoothest UI/UX on a DEX.
But I don't trade.
TLDR
I am, however, looking for decent yields—nothing too risky and something simple.
And they have "Vaults"
Especially the Protocol Vault. Current APR >30%
Where is the Yield coming from?
HLP is a shared pool of money (vault) that automatically:
-Makes money from trading fees
-Market Making
-Buys crypto from people who can't pay back their loans (liquidations)
All gains are shared equally among users who deposit funds.
The deposit Lockup period is 4 days. $HYPE