Earn the spread
Liquidity providers own the pools. Every swap pays the spread the agent sets, and that spread is theirs, pro rata. These are the pools' real numbers, read from the chain.
Your liquidity
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connect a wallet
In all pools
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Kept for providers
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Pools
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Where the income comes from
The pool buys under the Hyperliquid mid and sells over it. The difference on every swap stays in the pool and raises the value of each share.
What you carry
The pool holds both tokens. When one side is bought out, you hold more of the other: the agent leans its prices to pull the pool back to even, it does not hedge yet.
How you leave
Withdraw any time, as both tokens, in the pool’s current proportions. Withdrawals stay open even when swaps are paused.