Glossary
Vault
A pooled account others can deposit into. HLP is protocol-owned and takes no profit share; a user vault pays its leader a share of profits. Both lock deposits for four days from the most recent deposit.
Checked against the Hyperliquid documentation 8 Sept 2026 · how we check
Related terms
- HLP Hyperliquid's protocol-owned liquidity vault. It runs market-making strategies, absorbs backstop liquidations, and passes its profits and losses to depositors with no profit share taken.