Hyperswap V3
A concentrated‑liquidity, smart‑routing DEX on Hyperliquid with dynamic fee tiers and LP-optimized earning strategies.
What Is Hyperswap V3?
Hyperswap V3 is the latest version of the decentralized exchange on the Hyperliquid Layer-1 blockchain. It brings together the efficiency of Uniswap V3-style concentrated liquidity, smart routing, dynamic fees, and custom LP strategies—all designed for active traders and liquidity providers :contentReference[oaicite:2]{index=2}.
The protocol currently supports around 25–26 tokens with over 115–118 trading pairs, handling daily volumes ranging from $18M to $20M and nearly $70M in total value locked (TVL) :contentReference[oaicite:3]{index=3}.
Core Features & Innovations
- Concentrated Liquidity Pools: Liquidity providers concentrate liquidity in custom price ranges for better capital efficiency and reduced slippage :contentReference[oaicite:4]{index=4}.
- Dynamic Fee Tiers: Pools feature variable fee structures (e.g., 0.01%, 0.25%, 0.3%) to balance trader costs with LP rewards :contentReference[oaicite:5]{index=5}.
- Smart Routing: Intelligent split-routing ensures best execution across pools, minimizing price impact and slippage.
- LP Yield Optimization: LPs can earn more—up to 50% extra—by concentrating liquidity and selecting fee tiers :contentReference[oaicite:6]{index=6}.
- Integrated Charts & Analytics: The UI provides token charts, volume stats, TVL dashboards, and fee revenue analytics directly in-app :contentReference[oaicite:7]{index=7}.
- Token Launch Tools: Hyperswap V3 supports token listing and launch integration for new projects looking to bootstrap liquidity :contentReference[oaicite:8]{index=8}.
How to Use Hyperswap V3
- Connect Your Wallet: Use MetaMask, WalletConnect, or Hyperliquid-compatible wallet.
- Token Swaps: Choose currencies, preview slippage, and confirm swap. Smart routing takes care of execution.
- Provide Liquidity: Select a pool, assign a price range, choose a fee tier, then deposit tokens to receive LP position NFTs.
- Manage LP Positions: Track active/inactive positions with in-app analytics. Adjust ranges as needed.
- Withdraw & Harvest: Redeem LP NFTs to collect swap fee income and potential token rewards.
- Launch Pools: Project owners can use integrated tools to bootstrap new token pools with custom settings and incentives.
Performance Metrics
At launch, Hyperswap V3 reports TVL of roughly $70 million, with annualized fee revenue exceeding $26 million :contentReference[oaicite:9]{index=9}.
Daily volumes range between $18–20 million with over 115 trading pairs across 25–26 tokens—highlighting a robust and diversified ecosystem :contentReference[oaicite:10]{index=10}.
Frequently Asked Questions
1. What is concentrated liquidity?
It lets LPs allocate capital in custom price ranges instead of across the whole price curve, improving fee efficiency and reducing slippage :contentReference[oaicite:11]{index=11}.
2. How do dynamic fee tiers benefit LPs?
By selecting a fee tier (e.g., 0.01%, 0.25%, or 0.3%), LPs can set pricing based on expected volatility—earning higher rewards or supporting low-cost swaps.
3. What volumes does Hyperswap V3 handle?
Approximately $18–20M in daily trading volume with over $26M annualized fee revenue and $70M+ TVL, across 115–118 pools :contentReference[oaicite:12]{index=12}.
4. Is it secure?
Yes—running on Hyperliquid, with audited smart contracts and integrated charts allowing transparency in fees, TVL, and LP analytics.
5. What do I need to become an LP?
Connect wallet, choose a pool, set price range and fee tier, deposit tokens, then manage your position and collect fees.
6. Does Hyperswap V3 support new tokens?
Yes—token listing and launch tools allow projects to bootstrap liquidity with customized settings for pools and incentives.
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