
Hyperwave
A yield protocol on Hyperliquid that tokenizes the HLP market-making vault into hwHLP, a liquid yield-bearing token usable across HyperEVM and Ethereum.

What is Hyperwave?
Hyperwave is a yield protocol on Hyperliquid that tokenizes Hyperliquid's HLP market-making vault into hwHLP, a liquid receipt token that earns HLP yield while staying composable across DeFi. Users deposit USDT0, USDe, or USDHL to mint hwHLP on HyperEVM or Ethereum, and can also use hwHYPE, an automated vault that optimizes HYPE deployment across HyperEVM lending markets.
Web3 dapps and developer tools related to Hyperwave
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Developer resources from Alchemy
Stablecoin treasuries: from dead capital to yield-generating infrastructure
Most corporate stablecoin balances earn nothing while issuers capture yield on reserves. Learn where onchain yield comes from, what blocks enterprise deployment, and how infrastructure like gasless transactions and multi-chain RPC closes the gap.

How Alchemy's node infrastructure keeps DeFi fast at scale
DeFi teams depend on latency, reliability, and scale. See how 0x, Solflare, and Usual run high-pressure workloads on Alchemy's infrastructure.

How Valantis built a reliable trading experience on Hyperliquid
After moving HyperEVM RPC calls from a self-hosted node to Alchemy’s HyperEVM Node, Valantis reports 100% successful RPC requests and a more dependable foundation for trading.
Hyperwave alternatives
Explore web3 competitors and apps like Hyperwave.
App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

