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tHLP Documentation

tHLP is a USDC‑backed, fungible wrapper around Hyperliquid’s Liquidity Provider vault. These docs walk you through the smart‑contract flows and show how to plug tokenized HLP into the broader DeFi stack.

Deposit & Mint
How users deposit USDC and receive tHLP 1:1.
Withdraw & Redeem
Burn tHLP and claim tHLP2 (once enabled).
View Functions
Read methods for inspecting THLP state, and NAV
Fees
Current fee schedule & revenue forwarding.
Buckets
Understanding bucket snapshots & equity logic.

Tokenized HLP in DeFi

What is tHLP?
Mechanics & collateral backing.
Integrations
Using tHLP as collateral or LP asset in DeFi.
Use‑case Examples
Strategies & composability recipes.
Contract Addresses
Smart‑contract & market risks to know.