HYPE: Hyperliquid HLP Vault Value

Shown as its 2–31 Oct 2026 sample; the latest readings and full history are included with Plus.

The USD value of HLP, the vault Hyperliquid runs to provide liquidity: the deposits it holds plus the profit and loss of its trading.

Why use it. HLP (the Hyperliquidity Provider) is the vault Hyperliquid runs with deposits from anyone: it makes markets on the exchange, takes over the positions of liquidated accounts and receives a share of trading fees. Its size is how much of the exchange's liquidity and liquidation backstop rests on depositors' money. How to read it. Rising value means deposits arriving or the vault earning; a sharp fall is withdrawals or a trading loss. Read it with the HLP cumulative profit chart: profit flat while the value falls means depositors are leaving.

Calculation. The vault's account value as Hyperliquid publishes it in the vault's details, at each published point. Hyperliquid publishes the vault's history sparsely: about one point every two weeks since the vault opened in May 2023, about one a day for the last month, every few hours for the last week; from 8 November 2026 the chart also has our own reading every ten minutes. A period's value is its last point; periods without one have none, and the open period shows the latest as a labelled partial. Source: our own ten-minute readings of Hyperliquid's public info API (the vault's details), collected by CryptoKeyhole.