Hyperliquid Vaults and HLP: Live Risk Data
See HLP's current public performance and protocol mechanics first. Then inspect any public vault's PnL path, deposit state, and manager economics without connecting a wallet.
What is HLP, and what does it show now?
HLP is Hyperliquid's community-owned protocol vault. It provides liquidity through multiple market-making strategies, performs liquidations, supplies USDC in Earn, and receives a portion of trading fees. Depositors share its PnL, including losses.
4-day deposit lock
Withdrawal becomes available four days after the most recent deposit, according to the current protocol-vault documentation.
Deposits open
The API currently reports leader commission 0.00%. These are point-in-time fields, not future terms.
Positions, hedges, and exit depth
The public vaultDetails response does not establish current strategy exposure, liquidation clusters, off-platform hedges, or depositor-specific withdrawal liquidity.
HLP's liquidator strategy can take over positions that reach the protocol's backstop threshold. That PnL belongs to HLP, but it also creates market and liquidation exposure.
Largest Hyperliquid vaults by TVL
The 25 largest of 3,062 open vaults hold $227.81M. The list is ordered by deposits only. APR and PnL are Hyperliquid's reported backward-looking figures, not expected returns. Open a vault to see its PnL path, deposit state, and manager share before relying on it. Captured 2026-11-05 07:17 UTC.
| # | Vault | TVL | Reported APR | 30d PnL | All-time PnL | Created |
|---|---|---|---|---|---|---|
| 1 | Hyperliquidity Provider (HLP)Protocol | $151.2M | -0.1% | +$101K | +$138.62M | 2023-05-04 |
| 2 | Growi HF | $12.71M | 6.5% | +$75K | +$3M | 2024-07-08 |
| 3 | [ Systemic Strategies ] L/S Grids | $11.27M | 159.7% | +$1.45M | +$2.87M | 2025-01-23 |
| 4 | drkmttr | $8.69M | -24.3% | -$2.94M | +$5.15M | 2025-12-09 |
| 5 | DOUBLETOP Vault | $7.67M | -4.1% | -$328K | +$590K | 2026-06-17 |
| 6 | [ Systemic Strategies ] ♾️ HyperGrowth ♾️ | $6.17M | 198.1% | +$1.06M | +$6.69M | 2025-08-29 |
| 7 | BredoStrategy | $5.73M | -30.5% | -$2.55M | +$2.34M | 2026-02-17 |
| 8 | Long HYPE & BTC | Short Garbage | $2.78M | 19.0% | +$44K | +$2.58M | 2025-04-09 |
| 9 | Bitcoin Moving Average Long/Short | $2.17M | -17.9% | -$486K | -$523K | 2025-10-02 |
| 10 | Hyperrr | $2.11M | -21.7% | -$583K | +$808K | 2024-12-23 |
| 11 | FC Genesis - Quantum | $2.06M | -8.3% | -$210K | -$484K | 2025-09-12 |
| 12 | Long LINK Short XRP | $1.7M | -37.5% | -$1.02M | -$83K | 2025-07-23 |
| 13 | Enjoyooor V3 | $1.66M | -43.0% | -$1.25M | +$586K | 2026-04-17 |
| 14 | Orbit Value Strategies | $1.45M | 108.4% | +$124K | +$65K | 2025-12-15 |
| 15 | Black Ops | $1.41M | -8.6% | -$146K | +$135K | 2026-01-07 |
| 16 | Quantitative Market Neutral Strategy | $1.11M | 1.5% | +$1K | +$19K | 2026-04-09 |
| 17 | AIQuantPulse | $1.08M | -3.8% | -$44K | -$137K | 2026-02-02 |
| 18 | Ultron | $1.08M | -7.7% | -$99K | -$572K | 2025-12-03 |
| 19 | AceVault Hyper01 | $922K | 121.2% | +$94K | +$954K | 2025-08-18 |
| 20 | Jade Lotus Capital | $915K | -10.5% | -$125K | +$668K | 2025-05-26 |
| 21 | AILAB TEST ULTRA | $883K | 33.8% | +$25K | -$588K | 2025-12-27 |
| 22 | Elsewhere | $807K | 204.6% | +$117K | +$845K | 2024-07-05 |
| 23 | Delta_01 | $756K | -15.0% | -$133K | +$671K | 2024-08-25 |
| 24 | +convexity | $752K | -3.4% | -$28K | +$180K | 2025-08-23 |
| 25 | Citadel | $746K | 3.0% | +$2K | +$363K | 2023-11-17 |
Inspect any public Hyperliquid vault
Paste a 42-character vault address for its public PnL path, retracement, deposit state, and manager fields. The lookup is read-only.
Prefer the HLP example? Load its public vault address:
How to read a vault snapshotMetric definitions, limits, and the next checks that matter.OpenClose
PnL retracement
The largest peak-to-later-trough decline in the returned PnL series. It is a sampled path check, not a complete strategy drawdown.
Withdrawable balance
A point-in-time API field, not a promise of immediate liquidity. Vault state and protocol withdrawal rules still apply.
APR and PnL
Backward-looking performance fields. They are not expected returns, suitability labels, or proof of future execution quality.
Manager economics
Leader fraction and commission can clarify incentives when exposed, but they are not a complete strategy or fee review.
What this reader cannot prove
Public vault details do not expose every position, hedge, liquidation pathway, strategy change, or future withdrawal condition. Treat missing fields as unknown, not safe.
HypeBasis does not rank vaults by performance or recommend following a manager. The vault list above is ordered by deposits only. Use the snapshot to identify what needs verification.
Sources
6 references · ExpandCollapse
- Hyperliquid Docs: Info endpointAccessed 2026-09-04Supports: Public info endpoint families used for market, book, candle, account, portfolio, native borrow/lend reserve, vaultDetails, userFees account-rate, and maxBuilderFee approval reads.
- Hyperliquid Docs: VaultsAccessed 2026-08-26Supports: Current HyperEVM vault architecture and the distinction from legacy HyperCore vaults.
- Hyperliquid public vault statsAccessed 2026-09-26Supports: Public vault list with name, vault address, leader, TVL, closed status, parent/child relationship, creation time, reported APR, and day, week, month, and all-time PnL series.
- Hyperliquid Docs: Protocol vaultsAccessed 2026-08-26Supports: HLP's community-owned status, market-making and liquidation strategies, USDC supplied in Earn, trading-fee accrual, shared PnL, and four-day deposit lock.
- Hyperliquid Docs: LiquidationsAccessed 2026-08-26Supports: Maintenance margin, mark price, partial liquidations, liquidation flow, backstop-liquidation thresholds, and HLP liquidator-vault exposure.
- Hyperliquid Docs: Rate limits and user limitsAccessed 2026-09-04Supports: Current REST request-weight, WebSocket, and user-limit constraints for public-data tooling.