Nunchi (HIP-3) nLP Vault

The de facto source of liquidity for Nunchi.

The Nunchi nLP Vault lets anyone deposit stablecoin liquidity for use as the de facto source of liquidity to market make on Nunchi HIP-3 Exchange. Prior to Nunchi’s launch, funds are deployed into Hyperliquid native yield venues to generate the best risk-adjusted return. Depositors mint nLP shares and participate pro‑rata in vault performance. The vault is designed to power and bootstrap liquidity for Nunchi’s Markets (nCLOB and HIP‑3).

Deposit into the Nunchi (HIP-3) nLP Vault here

What is Nunchi

A HIP-3 perpetuals exchange for yield.

What happens to deposited assets?

USDT and USDC deposits are routed to Hyperliquid native yield venues, where capital is put to work via Hyperbeat’s strategy engine. Returns flow back as an increase in the nLP share price.

What do I get for depositing into the Nunchi (HIP-3) nLP Vault?

You get yield, Nunchi points (cHIPs) and Hearts.

Can I withdraw from the Nunchi (HIP-3) nLP Vault

Yes, you can withdraw from the Nunchi nLP vault. There are two withdrawal options available: Instant Redemption and Classic Redemption. Instant Redemption allows for immediate withdrawals when there is sufficient liquidity, but incurs a 0.5% early withdrawal fee. Alternatively, users can select the Classic Redemption option, which processes the withdrawal within 2 working days without slippage or fees.

Why do withdrawals take three working days?

Assets are used in on-chain strategies that need time to unwind safely. The two working day withdrawal period helps avoid slippage and ensures efficient exits.

Is the Nunchi (HIP3) nLP vault audited?

Yes, the vault is audited by Nethermind security and Certora.

What are the risks involved?

Liquid vaults carry smart contract risks along with varying levels of economic risk.