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For HYPE Capital Providers

HYPE holders can provide capital to HIP-3 deployers in exchange for fixed/variable yield or a share of trading fees.

HIP-3 perpetual exchange deployers need 500,000 HYPE staked before they can launch. Teams may source that stake from one or more capital providers. In exchange, capital providers can receive yield or a share of the trading fees generated by that deployer's exchange.

What You Are Backing

Capital providers back a specific HIP-3 deployer.

  • Deployment-specific exposure: each vault is tied to one HIP-3 deployer.
  • Vault-specific terms: fee split, deposit caps, access rules, and withdrawal rules depend on that deployment.
  • Independent risk: the quality of the deployer, oracle operations, market selection, liquidity, and trading activity matters.
  • On-chain visibility: deposits, stake movement, fee routing, and claims can be verified where applicable.

How It Works

  1. Select a deployment: review the HIP-3 deployer and vault terms.
  2. Deposit HYPE: provide capital into the deployment-specific vault.
  3. Stake: once the vault reaches the required structure, HYPE is bridged and staked with the deployer.
  4. Earn fees: if the exchange launches and generates trading fees, the vault routes fees according to the agreed terms.
  5. Claim or withdraw: claims, withdrawals, and unstaking follow the vault rules.

What Citadel Provides

Citadel gives capital providers a clearer operating model than sending HYPE to a team wallet.

  • Verifiable custody: deposited HYPE is visible on-chain where applicable.
  • Automated trading fee routing: fees are routed by contract rules.
  • Refund workflow: if the deployment is cancelled, refunds follow the vault process.
  • Lower operational burden: no routine multisig signing or manual payment chasing.

Learn More

Start

If you hold HYPE and want to support HIP-3 deployers, reach out via Telegram.

Monarch docs live in the monorepo and deploy separately from the app.