Earn

Deposit USDC to earn yield. Choose your strategy.

Total Value Locked

Share Price

Est. APY

from funding fees

Utilization

Net Exposure

Vault Performance

$1.0000+0.00%since inception

How LP Vault Works

LP Vault is counterparty to power perp traders. Your deposit provides liquidity for leveraged positions across 9 assets. Delta risk is automatically hedged via CoreWriter on Hyperliquid's native order book — removing ~96% of directional exposure.

The vault also earns a fee share from options, variance swaps, and VIX trading on the CLOB — without taking any position risk on those products.

Fee Split

Power Perps75% LP · 20% Protocol · 5% Insurance
Options / VIX / VarSwap60% LP · 30% Protocol · 10% Insurance
Dark Pool40% LP · 50% Protocol · 10% Insurance
Delta-hedged via CoreWriter on Hyperliquid's native order book

Deposit USDC

USDC

Withdraw

shares

Vault Health

Utilization

Connect to view vault utilization

Open Interest

LongShort

How LP Works

Paraflux

The On-Chain Volatility Layer

Paraflux is experimental software. Smart contracts are immutable and only internally audited. Use at your own risk.