Haifu

2025 CT 3Q

What is missing in Hyperliquid now compared to Binance?

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• Spot market in Hyperliquid is not as scalable as Binance being decentralized�
• No onboarding process and momentum from an ecosystem asset to Hyperliquid core to create hype�
• Liquidity from AMM compared to Orderbook DEX is not capital efficient;�
• More market makers than HLP are needed to make Hyperliquid ecosystem assets liquid

What is Haifu?

• Haifu is an LP pool platform for Hyperliquid.�
• Unlike AMM pool, it operates on orderbook, and the pool contract is connected with automated EOA to trade.�
• Each pool is a female name & yield bearing token from taker fees between the pool and human trader. We also call each pool as ‘wAIfu’.�
• The connected account can only trade on behalf of the pool, and it cannot withdraw. Withdrawal is only possible by burning the token through the pool contract.

How will Haifu win?

• Haifu will run on Hyperliquid CLOB, but also has its onchain CLOB on evm smart contract. Unlike other AI trading agents, it makes money with no profit from taker fee between human trader from the CLOB.�
• Haifu will make listing process onchain with bidding $HAIFU token before getting listed on Hyperliquid.�
• Haifu’s CLOB is more capital efficient, and provides better name for LP token (e.g. ETH-USDC-v3-lp-0.1%-WTF-LP vs. Lucy)�
• While Binance operates closed source with a few market making partners with paid contracts, Hyperliquid will have more than 100,000 open source algo traders community to keep Hyperliquid more

🔍 CLOB: Centralized Limit Order Book

Growth Flywheel

+ management fee�+ entry fee

+ management fee�+ entry fee

+ management fee�+ entry fee

+ management fee�+ entry fee

Frequently Asked Questions

1. How does your automated trades work?�A: Hummingbot is one of framework to make strategies and submit orders. Codes are all open source.�
2. How do you get gas for the wallet to trade?�A: Pool contract will ask for an entry fee (e.g. 0.1 HYPE) to mint the pool token. �
3. What if user asked big share of the pool and the balances are placed in orders?�A: The pool contract will emit an event for withdrawal request with the withdrawal state after pool token burn, and the automated trading wallet will cancel orders then trigger withdrawal to users.

Team

Hyungsuk Kang

Ozzy

- Intern

- Made fully onchain CLOB on EVM

- Now building bots on top of it with CCXT/Hummingbot integration

- Testnet HYPE gigawhale (has 5K HYPE)

Demo