What's HYYY?
HYYY (pronounced as "Hi") is building USDhy, a next-generation stablecoin that leverages delta-neutral strategies and efficient position management on Hyperliquid's high-performance DEX infrastructure. Our protocol stands out through three key innovations:
Better Solving the Trilemma
HYYY advances all three aspects of the stablecoin trilemma:
- Decentralization: Built on Hyperliquid's decentralized infrastructure, setting new standards without compromising performance
- Price Stability: Instant D-0 mint/burn operations through delta-neutral strategies with only 10% overcollateralization
- Capital Efficiency: Superior efficiency through stablecoin collateral and minimal overcollateralization requirements
Superior Yields
Our yield optimization approach delivers significantly better returns compared to traditional stablecoins:
- Conservative Vaults: 6-8% APY through basic delta-neutral strategies
- Balanced Vaults: 15-30% APY via sophisticated strategy combinations
- Performance Vaults: 30%+ APY through optimized positioning
AI-Native Architecture
HYYY embraces the future of DeFi through:
- AI-Driven Management: Advanced agents analyze market sentiment, on-chain patterns, and cross-chain correlations
- Open Vault System: Both AI agents and human developers can create and manage vaults
- Dynamic Position Management: Active optimization leveraging Hyperliquid's low transaction costs
For detailed explanations of each component, please refer to their dedicated sections in our documentation.