Mizu Vaults
Last updated
Last updated
The are automated DeFi strategy vaults that provide users with a simple access point to use their assets in the Hyperliquid ecosystem. Gain exclusive access to the top Hyperliquid dApps through these vaults.
Assets will be allocated Hyperliquid native partner protocols:
Waived until assets are bridged to the HyperEVM and allocated into Royco markets.
The HyperEVM vaults are automated DeFi strategy vaults that provide users with a simple access point to use their assets in the Hyperliquid ecosystem. Gain exclusive access to the top Hyperliquid dApps through these vaults.
Earn a share of a fixed amount of token incentives committed from top Hyperliquid dApps and a diversified set of yields (blend of points & compounding incentives) in exchange for depositing whitelisted assets.
Assets are locked for a 30-day period when depositing into the vaults, after which they can be withdrawn.
As with any vaults, there are smart contract risks along with varying levels of economic risk. This particular vault may engage in liquidity provision, which may lead to impermanent loss.
Royco Protocol allows anyone to create a market for any onchain action. These markets are called Incentivized Action Markets (IAMs). In IAMs, Incentive Providers (IPs) offer incentives, like tokens or points, for Action Providers (APs) to perform the onchain actions: e.g. "deposit into X protocol," "mint an NFT," or "execute a series of transactions." IPs and APs make offers/counter-offers until they agree upon an incentive amount for which the AP will complete the onchain actions. When they agree, the AP’s transactions are programmatically executed and the incentives are atomically allocated to the AP. Royco is highly capital-efficient since APs can make with assets currently deployed in IAMs with streamed incentives. Royco Protocol is immutable and entirely non-custodial.
Assets in the vault will be allocated to specific Royco markets. Hyperliquid-native protocols will offer exclusive incentives for certain assets within these markets. The rewards earned from these incentives will vary based on the assets allocated to a given Royco market and the corresponding incentives provided by the Hyperliquid-native protocol.
Incentives for HyperBeat, Mizu, Veda, and asset issuers (e.g., weETH, LBTC) will begin accruing immediately. However, incentives from Hyperliquid-native protocols will only start accruing once the vault allocates assets to the Royco markets.
The vault is the only whitelisted address permitted to deposit into Royco markets. By allocating assets to the vault, you also gain access to exclusive incentives from HyperBeat, Mizu, Veda, and asset issuers (e.g., weETH, LBTC).
The vault strategist is .
Multiple audits have been conducted for these vaults, with the same infrastructure live and currently securing billions of dollars of assets for protocols such as Etherfi and Lombard. View the audits