HyperVaultsFund platform · Hyperliquid
HyperEVM Testnet
Built natively on Hyperliquid

On-chain custody.
Off-chain speed.

HyperVaults is the fund platform for Hyperliquid. Managers trade at CEX latency through an on-chain agent wallet. Depositors keep custody, real-time NAV, and on-chain risk policies they can verify themselves.

8mLP deposited → Delta Shield+$25.0k·24mTetra Theta closed ETH long+$11.4k PnL·47mNew vault: Skew Hunter launched·1hAlpha Perp Fund rebalanced into SOL-PERP$1.2M notional·1hWhale deposited → BTC Basis Fund+$312k·8mLP deposited → Delta Shield+$25.0k·24mTetra Theta closed ETH long+$11.4k PnL·47mNew vault: Skew Hunter launched·1hAlpha Perp Fund rebalanced into SOL-PERP$1.2M notional·1hWhale deposited → BTC Basis Fund+$312k·
§Live vaults

Real funds.
Real managers. Real time.

breaking
Momentum
Alpha Perp Fund
by Meridian
+22.1%
30d APR
TVL $4.83M
Sharpe 2.41
Volatility
Tetra Theta
by Tetra
+16.5%
30d APR
TVL $5.10M
Sharpe 2.78
Volatility
Skew Hunter
by Skew
+13.8%
30d APR
TVL $980k
Sharpe 2.66
§ for depositors

Allocate to managers, not promises.

  • ─Real-time NAV from on-chain reads — no quarterly statements.
  • ─Risk policies (leverage caps, allowlists, AUM caps) enforced by the contract.
  • ─Redeem any time. The queue settles in-order, on-chain.
§ for managers

Trade like a CEX. Settle like a fund.

  • ─Off-chain agent wallet signs orders — sub-second fills on Hyperliquid.
  • ─Charge management + performance fees you set per vault — 2/20 by default, your call.
  • ─No custody, no banking, no auditors. The vault is the fund.
§How it works

Three on-chain steps.
Off-chain speed in between.

§ 01
Deposit USDC

LPs approve and call buyShares — USDC moves directly into the vault contract. Shares are minted at the live NAV.

§ 02
Manager trades on Hyperliquid

The manager's agent wallet signs orders off-chain. Fills land on HyperCore in milliseconds. The vault never custodies user funds outside HL.

§ 03
Redeem on-chain

Submit a claim — fast-path if idle USDC covers it, otherwise queued for the next settlement. NAV-locked at submission so the exit price is fair.

§ · why it's defensible
HyperEVM-native
No bridges. No oracles. No relayers.
HyperCore precompiles
Live position reads + on-chain writes via CoreWriter.
On-chain redemption queue
In-order claim settlement. No manager veto.
Testnet · unaudited
Open source. Indexer + audit queued for next phase.