YieldFi yHLP YHLP

About YieldFi yHLP

YieldFi is the issuance, distribution, and intelligence layer for tokenized yield vaults. yHLP is a liquid yield token that routes USDC into the Hyperliquid HLP vault, a market making strategy that provides liquidity to the Hyperliquid perpetual exchange. The vault earns fees from trading activites and PnL from market-making positions on the exchange. Returns are auto-compounded into the token price.