hPerps - Perps DEX on Haven1

hPerpetuals will be launching in Q3' or Q4' 2025

What is HLP

HLP is the liquidity provider token for hPerpetuals. Liquidity providers earn fees from leverage trading, borrowing fees and swaps.

HLP consists of an index of assets used for swaps and leverage trading. It can be minted using any index asset and burnt to redeem any index asset. The price for minting and redemption is calculated based on (total worth of assets in index including profits and losses of open positions) / (HLP supply).

HLP tokens can be bought using the Buy HLP page. HLP token address on Haven1 Testnet:

As HLP holders provide liquidity for leverage trading, they will make a profit when leverage traders make a loss and vice versa.

Buying HLP Notes

  1. Buying HLP will cost $1(paid in H1) Application Fee

  2. Any of the HLP index tokens can be used to buy HLP, a list of the index tokens can be found on the Dashboard

  3. Fees will be lower for tokens that the pool has less of, check the Save on Fees section to get the lowest fees.

  4. After buying your HLP tokens will automatically be staked and you will start earning Escrowed H1 rewards, you can check your rewards on the Earn page.

Haven1 Perpetuals are launching in Q4

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