Hyperwave announced its protocol wind-down on November 11, 2026. Operations are scheduled to end on December 16, 2026. Review your Hyperwave HYPE, HLP, USD or GWAVE vault position and the available withdrawal process.
Hyperwave says withdrawing before the shutdown date is the fastest route. Confirm instructions with the published closure announcement and verify the site address before using your wallet.
| NAME | TVL | 30D APR | APR SINCE INCEPTION |
NAV
|
DEPOSIT ASSET | |
|---|---|---|---|---|---|---|
|
|
$502.37K | 3.19% | 3.64% | $73.58 |
|
|
|
|
$389.91K | 16.9% | 12.01% | $1.17 |
|
|
|
|
$14.57K | 1.29% | 51.16% | $0.0₃3 |
|
|
|
|
$11.88K | 5.3% | 7.05% | $1.08 |
|
Hyperwave vaults on HyperEVM are being wound down. New deposits are no longer the focus: the announced process is to unwind positions, make underlying assets available for withdrawals, and return any remaining vault NAV to vault-token holders after the protocol closes. Check your wallet and vault position before starting any withdrawal.
Read the Hyperwave withdrawal docs for the closure timeline, withdrawal checklist, vault-token information, what happens to remaining NAV, and wallet-security guidance. The Hyperwave announcement remains the primary source for protocol-specific updates.
Answers to common questions about Hyperwave closing, vault withdrawals, hwHYPE, hwHLP, hwUSD, GWAVE unstaking, and the December 16 deadline.
Hyperwave is a HyperEVM yield-vault protocol in the Hyperliquid ecosystem. Hyperwave announced that it is winding down operations. Its vaults are now in withdrawal-only mode, and the announced operations end date is December 16, 2026.
Yes. Hyperwave announced that operations will end on December 16, 2026, citing operating costs and regulatory uncertainty. The team recommends withdrawing before that date for the fastest available return of vault assets.
Open the verified Hyperwave application at app.hyperwavefi.xyz, review your relevant vault or portfolio position, select Withdraw, and follow the wallet confirmation steps shown by the application. Check the network, token, destination, and transaction details before signing. Withdrawal timing depends on available liquidity and processing.
The Hyperwave HYPE vault is among the vaults in withdrawal-only mode. To exit a hwHYPE position, check the current withdrawal option in the verified Hyperwave application and confirm the assets and amount displayed before submitting.
For a Hyperwave HLP position, review the HLP vault and its withdrawal interface. The underlying asset mix and redemption amount may differ from a previous deposit, so check the displayed assets and available withdrawal amount.
Locate the Hyperwave USD vault or the position in your portfolio and use the withdrawal option if available. Check the underlying stablecoins, quoted value, and transaction fees before approving a transaction.
Yes. Hyperwave said GWAVE can be unstaked at any time during the wind-down, and GWAVE is also in withdrawal-only mode. Verify the applicable action and transaction details in the official app.
No. According to the wind-down announcement, the vaults are withdrawal-only. The purpose of this phase is to unwind vault strategies and return underlying assets to holders.
Hyperwave states that any remaining net asset value (NAV) after operations end will be returned to the wallets holding the relevant vault tokens. The announcement does not promise an instant distribution at the deadline. Keep your vault tokens and verify further updates through Hyperwave’s official channels.
Hyperwave says its vaults will continue generating yield while positions are converted back into underlying assets to support withdrawals. Future yield is not guaranteed, and balances or redemption terms may change during the wind-down.
There is no universal guaranteed withdrawal time in the closure announcement. It can depend on the vault, available underlying assets, wallet confirmation, blockchain conditions, and any position unwinding. Hyperwave advises exiting before December 16 for the fastest process.
NAV stands for net asset value: the value of assets remaining in a vault after its relevant liabilities or adjustments. Hyperwave says that the remaining NAV will be returned to wallets that hold the vault tokens after the shutdown.
Hyperwave announced that 100% of vault revenue generated until the shutdown will be directed to HWAVE buyback and burn. This does not guarantee any HWAVE market price or a specific token redemption value.
Verify the original app domain app.hyperwavefi.xyz and the announcement published by @Hyperwavefi. Do not follow unsolicited withdrawal links, reveal a seed phrase, or pay an unfamiliar wallet for a supposed release of funds. Confirm every wallet request before signing.
The Docs section on this page summarizes the published closure timeline, affected vaults, withdrawal checks, residual NAV, and security considerations. For binding updates or assistance, refer to the original Hyperwave announcement and verified support channels.
Information reflects the protocol wind-down announcement dated November 11, 2026. Transaction availability and asset values can change. Never disclose your wallet seed phrase.