在 日本 購買 Wrapped HLP (WHLP)

Wrapped HLP, often referred to by its token ticker WHLP, is a decentralized finance project designed to enhance the utility of the HyperLiquidity Provider (HLP) vault within the Hyperliquid ecosystem. The project was originally developed by the Looping Collective, with its infrastructure managed by Molecular Labs. The team behind WHLP was later acquired by Paxos Labs as part of a strategic expansion into decentralized financial infrastructure. At its core, WHLP acts as a liquid tokenized wrapper for the HLP vault. On the Hyperliquid protocol, HLP is a permissionless vault that facilitates market-making and provides liquidation backstops for various trading pairs across the platform. While standard HLP deposits provide users with a share of platform revenue, they are often restricted to the protocol's internal vault system. WHLP addresses this by creating a transferable token on the HyperEVM network that represents a user stake in that vault. The primary function of WHLP is to provide holders with exposure to rewards from Hyperliquid trading activities while maintaining full DeFi composability. This means that unlike raw vault positions, WHLP tokens can be used as collateral, provided as liquidity on decentralized exchanges, or integrated into lending protocols. This allows users to remain active in the broader Web3 ecosystem without needing to exit their underlying market-making positions. Technically, WHLP is a USD-denominated asset. It automates the process of bridging funds to the underlying vault and harvesting rewards generated from trading fees and funding rates. The token is designed to appreciate in value relative to its underlying assets as these rewards are accrued, providing a passive way for participants to benefit from the protocol's growth. The project is part of the Looping Collective ecosystem, which focuses on building liquid looping tokens and yield-optimizing products. By integrating with various partners across the HyperEVM network, Wrapped HLP aims to serve as a foundational building block for liquidity and yield management in decentralized finance, simplifying the user experience of providing liquidity to high-performance trading platforms. 瞭解更多