Permissionless · native to HyperEVM

Lock your Hyperliquid funding into a fixed, predictable yield.

Hyperpetua turns the bumpy hourly funding that delta-neutral vaults earn on Hyperliquid into a steady fixed coupon — and lets traders take the variable side. Fixed-for-floating funding swaps, settled on-chain.

HYPE funding now
30-day average
30-day range
live · Hyperliquid

Markets

HYPE funding · last 30 days

hourly · annualized

Settlement uses Hyperliquid's own published funding (fundingHistory) — the same series shown here, verifiable by anyone. That is exactly what a Hyperpetua swap settles against.

How it works

1

Post a collateral buffer

Both sides deposit a USDC buffer into a self-custodial escrow. The notional is only the reference the funding rate applies to — never deposited — and your maximum P&L is capped at your buffer.

2

The swap runs to maturity

Your vault keeps earning its variable funding; the swap converts that stream into a fixed coupon. Nothing to manage in between.

3

Settle on public funding

At maturity it settles on Hyperliquid's own published funding — verifiable by anyone — and each side claims. The fixed receiver locks the coupon; the other side takes the floating.

Lock a fixed funding rate

Trading goes live after the pilot. If you run a delta-neutral vault and want a fixed coupon on a slice of your funding, request pilot access.

Request pilot access