Harmonix is launching the testnet phase of our HYPE Delta-Neutral Vault — a fully automated, yield-optimized strategy built for the Hyperliquid ecosystem.

While it's a test release, the vault runs on HyperEVM mainnet and requires real $HYPE deposits. This is your chance to experience real yield, gather rewards, and help shape the final product.

Participating in the testnet gives you the full user experience of Harmonix’s HYPE Delta-Neutral Vault. Here’s what to expect:

• Deposit cap: Each wallet can deposit up to 30 HYPE during the testnet.

• Real yield, real points: All rewards are live, sourced from HyperCore, Felix, and HyperEVM protocols.

• Yield-Bearing Token (YBT): You’ll receive haHYPE_Test, the testnet version of the YBT. This distinguishes it from the mainnet haHYPE and avoids confusion later.

• Portfolio dashboard: Monitor your:

  • haHYPE_Test balance

  • Current price of haHYPE_Test

  • Total vault value = balance × current price

• Withdrawals:

  • Can be initiated immediately after deposit

  • Cooldown period is 3–4 days, but may vary slightly during testnet

  • A fixed withdrawal fee of 0.38 HYPE applies

While the vault is stable and designed for delta-neutral yield, here are key things to keep in mind:

• This is a testnet program on HyperEVM mainnet — your deposit is real $HYPE, not test tokens.

• Withdrawals may take longer than expected due to testnet-related execution delays.

• Vault value (NAV) may fluctuate depending on market conditions, funding rates, and yield strategies. While risk is managed, short-term dips in value are possible.

• You may end up holding both haHYPE_Test and haHYPE tokens in your wallet after mainnet. This is intentional and ensures clean separation between testnet and mainnet vaults.

📅 Testnet runs for 2–3 weeks from April 30

📢 Testnet closure will be announced in advance

🚫 Deposit button will be disabled once testnet ends

📦 All testnet yield and points will be migrated to your Harmonix portfolio upon mainnet launch

🚀 Mainnet release is targeted for at the end of May

haHYPE is more than a vault receipt.

• It’s a yield-bearing token, growing in value over time

• It will be used later for borrowing, interest rate trading (PT-YT swaps), and airdrop multipliers

• It opens the door for deeper DeFi composability across Hyperliquid

Need support or run into issues?

📨 Open a ticket in the Harmonix Official Discord under the #feedback or #create-a-ticket channels. Our team is ready to assist.

📚 For full details on the strategy, mechanics, and yield model, check the Harmonix Docs: haHYPE YBT and $HYPE Delta-Neutral Vault on HyperEVM strategy.

Test. Earn. Shape the future of HYPE.

The most composable delta-neutral vault on Hyperliquid is here — and it’s just getting started.

Your HYPE works harder with Harmonix.