Vaults — technical

What is HyperCore?

HyperCore is the heart of Hyperliquid: a purpose-built, on-

What is HyperEVM?

HyperEVM is Hyperliquid's general-purpose, Ethereum-compatible layer

Are HyperCore and HyperEVM separate networks? Where do funds come from?

They're two parts of the same Hyperliquid blockchain

Is this really an ERC-4626 vault? How does the share work?

Yes — the vaults are built on OpenZeppelin's audited

How is the share price calculated, and what's with the decimals?

Share price = the vault's total assets ÷ total shares.

Where does the vault keep the money — HyperEVM or Hyperliquid Core?

The vault contract lives on HyperEVM, and that's

Who can move the vault's funds? What's the security model?

Two keys, by design: * Owner (a cold wallet) — the superuser:

Is the vault share composable? Can I use it elsewhere in DeFi?

Not yet — and that's on purpose. The share