Harmonix
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Built natively on Hyperliquid

Institutional-grade yield, fully on-chain

Harmonix automates hedge-fund strategies in DeFi — delta-neutral vaults, options-based yield, and haUSDC, your USDC put to work on Hyperliquid.

Explore haUSDCView Vaults
Vault USDC haUSDC Share value � Compounding Delta neutral � On-chain
Minimum deposit
1 USDC
Vault standard
ERC-4626
Primary strategy
Delta neutral
Operations
100% on-chain

Automated Vaults

Maximize returns. Minimize risk.

Algorithmic strategies that adapt to market conditions — from options-based yield to fully hedged delta-neutral positions.

Wheel WETH 60% USDC 20% Options OTM

Option Wheel Vault

Options + Yield

Optimizes profit in bullish markets and minimizes losses in bearish conditions through covered calls, covered puts, and DeFi liquidity farming.

Asset allocation

  • WETH 60%WETH/wstETH liquidity farming
  • USDC 20%USDC/USDC.e liquidity farming
  • USDC.e 20%AEVO collateral for options strategy
  • Weekly OTM positions via Options Risk Model
  • Liquidity farming across DeFi protocols
  • Structured capital allocation
Long Spot +� exposure Short Perp � exposure 0 Funding + Fees � Yield

Delta Neutral Vault

Market neutral

Achieves delta neutrality by balancing long and short positions, earning trading fees and farming rewards with minimal exposure to price volatility.

  • Dynamic rebalancing of hedge positions
  • Yield from low-volatility periods
  • Active pursuit of incentivized asset pairs
USDC Deposit ERC-4626 Vault haUSDC Shares � Share price grows as yield accrues  no claiming required Delta Neutral Spot Supply Idle Buffer

Featured Product

haUSDC — your USDC, put to work

A yield-bearing receipt token following the ERC-4626 standard. Deposit USDC, receive haUSDC shares, and watch your share grow as yield compounds directly into the exchange rate.

The mechanic

Deposit USDC → receive haUSDC → share value grows over time

No claiming. No staking. No manual rebalancing.

  • ERC-7540 async withdrawal upgrade coming for cross-chain deposits
  • Harmonix Points + partner protocol points accrue automatically
  • Not pegged to $1 — a yield-bearing vault share denominated in USDC

Delta Neutral

The engine

Capital is paired long spot / short perpetuals on HyperCore to earn funding rate payments with zero directional exposure.

Spot Supply

The multiplier

Deployed into lending and liquidity on HyperEVM — Felix, Hyperswap, and HyperLend — generating variable yield on top of funding income.

Idle Buffer

The safety valve

A reserve kept undeployed at all times to support smooth redemptions without unwinding active positions.

HyperBFT Consensus layer HyperCore Basis trade � Perps � Spot HyperEVM Felix � Hyperswap � HyperLend Single stack  no bridges, no external oracles

How it works

Three steps to on-chain yield

  1. $ Deposit USDC
    01

    Deposit

    Connect your wallet and deposit USDC into a Harmonix vault. Minimum deposit starts at just 1 USDC.

  2. Auto-rebalance
    02

    Automate

    Sophisticated algorithms deploy capital across delta-neutral, lending, and options strategies — rebalancing automatically.

  3. Share price � Yield compounds
    03

    Compound

    Yield accrues directly into your vault share price. Track real-time performance with full on-chain transparency.

Our Commitment

Guiding principles for DeFi success

Deep Understanding

Solutions rooted in market, technology, and user insights — crafting strategies that resonate and drive success.

Sustainability

Long-term focus ensures consistent returns through volatile markets by prioritizing stability and resilience.

Relevance

Adaptable across market cycles, remaining effective and attractive as DeFi evolves.

Risk Management

Robust practices safeguard investor capital, providing a secure platform to thrive in DeFi.

FAQ

Common questions

What is haUSDC?
haUSDC is Harmonix's yield-bearing receipt token for USDC depositors. It follows the ERC-4626 vault standard — deposit USDC, receive haUSDC shares, and watch your share grow in value over time as yield compounds into the exchange rate.
Where does the yield come from?
Capital is split across three strategies that shift dynamically: delta-neutral basis trades on HyperCore (funding rates), spot supply on HyperEVM lending protocols (Felix, Hyperswap, HyperLend), and an idle buffer for smooth redemptions.
Is haUSDC a fixed-yield product?
No. Yield fluctuates with funding rates, market conditions, and protocol activity. haUSDC is not pegged to $1 — it is a yield-bearing vault share denominated in USDC, and each share becomes worth more USDC over time as yield accrues.
What makes Harmonix different?
Harmonix performs entirely through on-chain operations, offering real-time performance metrics, detailed strategy breakdowns, and open-source products. Built natively on Hyperliquid with no bridges or external oracles.

Ready to put your USDC to work?

Join Harmonix on Hyperliquid. Transparent, automated, and built for the next era of on-chain finance.

Read DocumentationLearn about haUSDC