➥ Turtle Goes Hyperliquid
Recently, @turtledotxyz announced its integration with @Hyperwavefi, marking the start of Turtle's expansion into the @HyperliquidX HyperEVM ecosystem.
What exactly is Hyperwave, and how can Turtle members benefit from this development?
Let's dive in 🐢
...
— What is Hyperwave?
Hyperwave, developed in collaboration with @swellnetworkio, aims to become the Hyperliquid DeFi SuperApp. Its flagship is the Hyperwave HLP (hwHLP), an innovative liquid yield-bearing token derived from Hyperliquid's HLP.
Currently, hwHLP boasts a TVL exceeding $27.3 million with an APR of 10.5% and you can earn WAVE Points by depositing into Hyperwave.
Also, you can acquire hwHLP without bridging to HyperEVM, as Hyperwave is live on the Ethereum mainnet and other major EVM chains (note: withdrawals are available only via HyperEVM).
...
— Turtle Members Opportunities
Turtle Members will be earning 5% more WAVE Points by entering the "TURTLE" code on Referral page (check the graphic) and you can create your own code too.
The top referred will also receive share 1% of HWAVE.
...
— But what can you do with hwHLP?
$hwHLP is now available on @pendle_fi, with a capped deposit of 20M hwHLP. You can deposit your hwHLP and select an option to increase your WAVE Points multiplier:
➢ PT-hwHLP: Offers fixed yield, no WAVE Points
➢ LP-hwHLP: Provides mix of yield + WAVE Points
➢ YT-hwHLP: Maximizes WAVE Points, no yield
For LP-hwHLP, I recommend depositing via @Penpiexyz_io or @Equilibriafi if you haven't staked any $PENDLE, as they offer a better APR.
Alternatively, you can go to @bunni_xyz and create an hwHLP <> USDT pool by depositing hwHLP.
For higher risk, you can maximize returns by looping hwHLP against USDT on @eulerfinance with up to 9.98x leverage, achieving an ROE of approximately 78.6%.
hwHLP also integrated to other protocols such as @HypurrFi, @TimeswapLabs, @KittenswapHype, @CurveFinance, @Balancer and @felixprotocol
Hyperturtle.
Tagged my friends that reshape the narrative and elevate the conversation.
> @HouseofChimera
> @belizardd
> @SherifDefi
> @0xCheeezzyyyy
> @Mars_DeFi
> @Nick_Researcher
> @YashasEdu
> @thelearningpill
> @cryptorinweb3
> @kenodnb
> @Tanaka_L2
> @pedro_verdades
> @3liXBT
> @TimHaldorsson
> @satyaXBT
> @Haylesdefi
> @Hercules_Defi
> @DeRonin_
> @0xAndrewMoh
> @0xDefiLeo
> @Defi_Warhol
> @CryptMoose_
> @TheDeFiPlug
> @arndxt_xo
> @CryptoShiro_
> @the_smart_ape
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➥ Turtle Goes Hyperliquid
Recently, @turtledotxyz announced its integration with @Hyperwavefi, marking the start of Turtle's expansion into the @HyperliquidX HyperEVM ecosystem.
What exactly is Hyperwave, and how can Turtle members benefit from this development?
Let's dive in 🐢
...
— What is Hyperwave?
Hyperwave, developed in collaboration with @swellnetworkio, aims to become the Hyperliquid DeFi SuperApp. Its flagship is the Hyperwave HLP (hwHLP), an innovative liquid yield-bearing token derived from Hyperliquid's HLP.
Currently, hwHLP boasts a TVL exceeding $27.3 million with an APR of 10.5% and you can earn WAVE Points by depositing into Hyperwave.
Also, you can acquire hwHLP without bridging to HyperEVM, as Hyperwave is live on the Ethereum mainnet and other major EVM chains (note: withdrawals are available only via HyperEVM).
...
— Turtle Members Opportunities
Turtle Members will be earning 5% more WAVE Points by entering the "TURTLE" code on Referral page (check the graphic) and you can create your own code too.
The top referred will also receive share 1% of HWAVE.
...
— But what can you do with hwHLP?
$hwHLP is now available on @pendle_fi, with a capped deposit of 20M hwHLP. You can deposit your hwHLP and select an option to increase your WAVE Points multiplier:
➢ PT-hwHLP: Offers fixed yield, no WAVE Points
➢ LP-hwHLP: Provides mix of yield + WAVE Points
➢ YT-hwHLP: Maximizes WAVE Points, no yield
For LP-hwHLP, I recommend depositing via @Penpiexyz_io or @Equilibriafi if you haven't staked any $PENDLE, as they offer a better APR.
Alternatively, you can go to @bunni_xyz and create an hwHLP <> USDT pool by depositing hwHLP.
For higher risk, you can maximize returns by looping hwHLP against USDT on @eulerfinance with up to 9.98x leverage, achieving an ROE of approximately 78.6%.
hwHLP also integrated to other protocols such as @HypurrFi, @TimeswapLabs, @KittenswapHype, @CurveFinance, @Balancer and @felixprotocol
Hyperturtle.
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