🧠 Project Name: HyperLP
🔍 Description: We explore composable delta-neutral strategies on top of HyperEVM yield venues.
Problem: HyperEVM DEXs showcase high APRs on their pools but being profitable is hard.
Our solution: Automated LP strategies through ERC7540 vaults hedged natively on Hypercore for 0 directional risk on the underlying.
Short-term goal: Sustainable APRs, when LP fees + funding are superior to IL and operating costs (mostly gas spent to rebalance LP & taker fees on HyperCore). Fallback to lending markets otherwise.
Our vision: Protocol infrastructure to ease hedging of directional risk on curated HyperEVM yield venues → this will increase stablecoin supply on HyperEVM as well as liquidity depth on the pools/markets we integrate ➔ positive impact for the HyperEVM ecosystem. By doing so, we aim to explore the possibilities enabled by CoreWriter and precompiles.
🛠️ How It Works: ERC7540 vaults + CoreWriter + offchain low latency rust keepers to be open-sourced
💻 Demo: Live Delta-Neutral HYPE-USDT LP running in production
📖 Documentation: Notion
👥 Team: 2 rust & smart-contract devs, 1 fullstack dev, 1 BD & marketing, 1 quant advisor
Tracks
• 2 Frontier: lpTokens = composable delta-neutral sustainable yield cf. our roadmap
• 3 CoreWriter & Precompiles: Low latency hedging on Hypercore and on-chain logic
• 7 Liquid Labs: Swap for LP auto rebalancing
• 13 Arb Bot: RM - Short perps on Core depending on LP position size on EVM
• 19 Hyperdrive: Vault integration in a delta-neutral strategy
• 21 Alchemy: RPC calls for LP analytics and state reads at high frequency
To help the jury’s review, here are the details of our technical specs
TG: @Katalyster ; @fberger_xyz