HyperWave

HyperWave builds automated yield vaults on Hyperliquid for institutional allocators, funds and DAOs, with permissioned access available alongside the public vaults.

Its flagship hwHYPE vault targets yield on HYPE, complemented by hwHLP and hwUSD for HLP and dollar exposure.

The hwHLP token is integrated across other HyperEVM protocols that accept it, and the team has run two seasons of a points program for depositors.