I noticed an interesting story about HLP — it turns out their vault made a good profit from the recent liquidation. A major whale lost a position worth $700 million, and this brought the vault about $15 million in profit. For depositors, this resulted in approximately 5.8% profit from a single event — a nice bonus to the main earnings. The annual rate is currently around 110%. Plus, HLP is now holding a long position in ETH worth about $23 million. It’s interesting to see how such protocols profit from market volatility.

ETH-0.53%
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