Hyperwave DAO's mission is to build an onchain forex layer for Hyperliquid, helping the blockchain to house all of finance. Starting with Hyperwave HLP (hwHLP), a first to market liquid yield bearing token of Hyperliquidity Provider Vault (HLP), Hyperwave will create asset primitives, serviceable markets for those assets and avenues for users to use those assets in their everyday lives. Hyperwave was incubated by the team at Swell Labs with support from HyperEVM protocols and infrastructure partners making it unique to bring this vision to the Hyperliquid community.