> For the complete documentation index, see [llms.txt](https://docs.rip.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.rip.xyz/readme.md).

# Welcome

Welcome to the official documentation for Rip Strategies - a decentralized finance platform offering institutional-grade vaults and strategies on HyperEVM.

## What is Rip Strategies?

Rip Strategies provides yield-generating opportunities backed by real assets, with transparent NAV (Net Asset Value) calculations and onchain risk management. Our vaults use an ERC-4626-inspired architecture to tokenize onchain strategies.

## Quick Links

### 🚀 Getting Started

New to Rip Strategies? Start here to learn how to connect your wallet and make your first deposit.

[Get Started →](/getting-started.md)

### 🏦 Available Vaults

#### rHYPURR (Live)

An auto-managed NFT index token providing diversified exposure to the Hypurr NFT ecosystem on HyperEVM.

* **Asset Type:** Hypurr NFTs
* **Backing Token:** WHYPE
* **Strategy:** Automatic NFT treasury management

[Learn about rHYPURR →](/hypurr-vault/overview.md)

### 📚 Learn More

* [How the Protocol Works](/protocol/how-it-works.md) - Understanding vault mechanics
* [Security](/resources/security.md) - How the assets are protected
* [FAQ](/resources/faq.md) - Common questions answered

## NFT marketplace

<code class="expression">space.vars.marketplace\_name</code> supports fixed-price NFT sales, token and collection offers, and auctions on <code class="expression">space.vars.marketplace\_chain\_name</code>.

Read the [marketplace guide](/nft-marketplace/nft-marketplace.md) for wallet setup, trading, fees, seller vaults, and payment recovery. Use the [contract reference](/nft-marketplace/contracts-and-networks.md) for production addresses and daily onchain settings.

## Key Features

### Transparent Valuation

NAV is calculated approximately every <code class="expression">space.vars.rhypurr\_nav\_update\_hours + " hour(s)"</code> using objective market data, ensuring fair pricing for all deposits and redemptions.

### Professional Management

Assets are held in secure MPC wallets with multi-signature requirements, managed by smart contracts and experienced teams.

### Fair Price Discovery

Asynchronous processing prevents front-running and ensures all users receive fair NAV-based pricing.

### Built-In Safety

Deposit caps, confidence scoring, and epoch-based processing protect user funds and maintain system stability.

## How It Works

1. **Deposit Assets** - Submit WHYPE tokens to the vault
2. **NAV Calculated** - Keeper bot values all vault assets approximately every <code class="expression">space.vars.rhypurr\_nav\_update\_hours + " hour(s)"</code>
3. **Request Processing** - Deposits and redemptions processed at fair NAV prices
4. **Receive Shares/Assets** - Shares minted or assets returned automatically

[Deep dive into mechanics →](/protocol/how-it-works.md)

## Resources

* **App:** [rip.xyz](https://www.rip.xyz)
* **GitHub:** [github.com/rebeldividends](https://github.com/rebeldividends)
* **Support:** <code class="expression">space.vars.rip\_support\_email</code>