Why RubiFi is Key Infrastructure

HyperCore Spot Liquidity

Pre-RubiFi, order book depth on many HyperCore assets are thin. Liquidity is bootstrapped via Hyperliquidity (HIP-2) and manually placed user orders. The lack of order book depth makes it unattractive for traders to execute market orders, sizeable arbitrage, and TWAPs, which has resulted in low relative volumes on HyperCore versus HyperEVM. HIP-2 is configured during the spot deployment process and has restrictive parameters that limit the effectiveness of liquidity provided post-deployment. Not only are the parameters restrictive, they are only able to be configured once. HIP-2 liquidity is solely provided by the spot deployer wallet, making it capital intensive for the deploying teams and a daunting process as configurations are final and irreversible. Spot deployments on HyperCore are sentimentally bullish, but are materially insignificant for trading viability. RubiFi is here to change that.

Where RubiFi Sits in the Spot Deployment Process

When a team is pursuing spot deployment on HyperCore, liquidity is at the top of their mind.

Where will liquidity come from?

How do we get holders to bridge if our token is already deployed on HyperEVM?

How should we configure HIP-2?

How much do we have to contribute to HIP-2?

RubiFi is the answer to all liquidity concerns. It provides a flexible solution for teams and an easier path for users to provide liquidity in the order books.

RubiFi provides relief to teams with existing tokens and teams in the deployment process. RubiFi is the solution that ensures sufficient liquidity is available at the time of deployment and that additional liquidity can be provided post-deployment in a nominal trading range.

For teams, RubiFi reduces the total cost of the deployment and is your indefinite liquidity solution. Users reap the benefits of providing this service with consistent profitability and traders area able to execute efficiently with size.

How RubiFi Benefits Hyperliquid and Deployers

RubiFi's solution for HyperCore liquidity will increase order book depth and indirectly increase trading volume. Spot fee generation for Hyperliquid and the deployer teams are tied to trading volume. Increased trading volume results in increased fee generation for both parties.

With the vast majority of volume remaining on HyperEVM, neither Hyperliquid nor the deployers receive meaningful fees. For deployers, these fees are seen as crucial revenue and the lack of fees can be existential for continued development of their projects.

RubiFi will enabled increased volumes on HyperCore and make it a more viable trading platform.