Meadow overview¶
Meadow is yield with a market on the other side. Instead of picking a vault from a list, you post an intent — "900 USDC on Base, balanced risk" — and solvers compete to win your deposit. The best net APY wins, and the winning bid comes back as a settlement plan you approve with a single signature.
On Hyperliquid, Meadow routes deposits into Core-native venues — HLP-style vaults and HYPE staking — and its flagship CoreWriter venue supplies into Core through a gasless smart-account operation on HyperEVM. See Hyperliquid on Edith.
The loop¶
POST /v1/quotes the auction: solvers bid, best net APY wins
│
▼
you sign twice an EIP-7702 authorization + the plan digest
│
▼
POST /v1/deposits settlement relayed (gas-sponsored via Photon)
│
▼
order: relaying → confirmed shares now sit in YOUR address
What makes it different¶
Auction-driven rates. Every deposit is priced by live competition, not a posted rate. Bids are scored on net APY — gross yield minus fees minus the amortized gas of getting you in — so the winner is what you actually earn. See How the auction works.
One signature, no gas. The winning bid includes an unsigned EIP-7702 batch (approve + deposit). You sign the authorization and the plan digest; Meadow relays the settlement through Photon, which pays the gas. The depositing account never needs native tokens.
Non-custodial by construction. The settlement executes as your account — the 7702 delegation runs the batch in your address's context, and the vault shares land directly in your EOA. Meadow never holds your funds; there is no pooled deposit contract to trust. Withdrawals are the same mechanic in reverse and available any time.
The API in one glance¶
| Concern | Endpoints |
|---|---|
| Discovery | chains · assets · venues · rates |
| Auction | Request a quote · Get a quote |
| Settlement | Create a deposit · Create a withdrawal · Get an order |
| Reporting | List positions · Get earnings |
Start with the Quickstart, or read Core concepts for the model.