Hyperliquid Vaults
Learn how to put your USDC to work using native vaults. Discover copy trading, market-making vaults, and how to become a vault leader.
Key takeaways
- Hyperliquid vaults are a native L1 primitive that pool USDC to run a trading strategy automatically, without you running a bot or signing every trade.
- Depositors mirror the vault leader's trades in proportion to their share of the pool, and gains and losses are distributed by that same percentage.
- Vault leaders typically charge a performance fee of around 10-20% of profits, and the protocol charges no entry or exit fees.
- Vaults are transparent and non-custodial but not risk-free: deposits have a lock-up period (usually 24 hours) and your capital falls if the leader loses money.
What are Vaults?
Vaults are a native primitive of the Hyperliquid L1 that allow users to pool capital and execute specific trading strategies. They enable automated trading without needing to run your own bot or sign every transaction.
Decentralized Management
Copy Trading Mechanics
Copy trading allows you to deposit USDC into a vault managed by a professional trader. Your capital will automatically mirror the trades of the vault leader in proportion to your share of the vault.
- Performance Based: Leaders only earn when you earn.
- Proportional Growth: Gains and losses are distributed based on your percentage of the total pool.
Explore vaults on Dexly
Market Making & HLP
Some vaults, like the native HLP vault, focus on market-making. They provide liquidity to the orderbook and earn from the spread and trading fees.
Market Neutrality
Becoming a Vault Leader
Anyone can start their own vault on Hyperliquid. If you have a winning strategy, you can allow others to deposit and earn a performance fee on the profits you generate for them.
Explore vaults on Dexly
Perps, spot, copy & prediction markets in one fast, non-custodial app. Get Dexly on iOS & Android and start in seconds.
Related topics
Keep Learning
Risk Warning: Trading perpetual futures involves significant risk of loss. Only trade with capital you can afford to lose. Dexly is a non-custodial interface; you are responsible for your own funds and trading decisions.
Frequently Asked Questions
Explore vaults on Dexly