YieldShares
Deposit WHYPE or USDC into its vault and get a share back. Every swap through a TRIO pair harvests 0.05% of the input into the vault, so each share redeems for more.
Liquid yield · Elysium mainnet
TRIO turns a deposit into an ERC-20 share that earns every swap fee. Hold it, send it or sell it, and redeem any block. Built on Elysium, Hyperliquid's L2.
A YieldShare is an ordinary token. It earns while it sits, moves like any ERC-20, and comes back as the asset whenever you want.
Deposit WHYPE or USDC into its vault and get a share back. Every swap through a TRIO pair harvests 0.05% of the input into the vault, so each share redeems for more.
Constant-product pools with a fungible LP token. LPs keep 0.25% of every swap, and the LP token itself can move, sit in a wallet or be posted elsewhere.
How it works
Every step is a transaction from your own wallet that you can read on the Elysium explorer.
Wrap HYPE into WHYPE or bring USDC, approve once and deposit. Assets are tracked in storage, never read from the balance.
The vault mints YieldShares at the current price. Later deposits pay whatever a share is already worth.
Each swap pushes 0.05% of the input into that token's vault. 10% goes to the treasury, the rest raises every share.
Burn shares for the asset at the on-chain price. No lockup, no queue, no epoch.
The board
Source · api.hyperliquid.xyz · Elysium block —
Still stuck? Ask on X.
Elysium mainnet is live. The desk at /app wraps and unwraps HYPE on mainnet today. TRIO vaults and the WHYPE/USDC pair go live once the factory is deployed, and the desk shows their address the moment they are.
An ERC-20 share of a vault holding one asset. It redeems for totalAssets / totalSupply of that asset, and that only rises as swap fees are harvested in.
Trading fees on TRIO pairs. No emissions and no points. A quiet pool earns little.
Yes. You carry the asset's price risk, and LPs carry impermanent loss. The contracts have 9 passing tests including fuzzing, and a mainnet-fork run, but no third-party audit.
Any EVM wallet: MetaMask, Rabby, Coinbase Wallet. The desk adds Elysium (chain 99901) for you. Gas is paid in HYPE, bridged from HyperEVM.
No. There is no TRIO token and no airdrop.