# Minting, Redeeming and Bridging

### 1. **How to mint xTokens (Deposit)**

1. **Choose your xToken and Destination Chain**

Select which xToken you want (e.g. $xHYPE, $xBTC, $xLEND, etc.), each tracks the overall performance of its underlying delta-neutral yield strategy. You can also select on which supported chain you want to receive the xToken.

2. **Deposit stablecoin & mint xTokens**

Enter the amount of stablecoins you want to deposit and from which supported chain. Once confirmed, your funds are added to the pooled strategy and you immediately receive xTokens.

3. **Holding and using xTokens**

You’re now holding xTokens. Your position is automatically earning yield as the token’s value grows over time. From here, you can put your xTokens to work across DeFi: use them as collateral, provide liquidity, or build new strategies on top.

### **2. How to redeem xTokens (Withdrawal)**

Exiting an xToken position means redeeming your tokens for stablecoins, including both your initial deposit and accrued yield. There are two modes of redemption:

1. **Instant Redemption - Omnichain**

This option allows you to redeem xTokens from any support chain for stablecoins immediately at the current price-per-share, as long as sufficient liquidity is available in the redemption buffer. A fixed instant redemption fee always applies, designed to protect the pool against sandwich attacks and fast-unwind risks: 0.3% for xHYPE and xBTC, 0.01% for xLEND. These fees are redistributed back to xToken holders, effectively boosting their overall yield.

2. **Standard Redemption (Queued withdrawal) - HyperEVM only**

This method lets you submit a redemption request, after which the strategy gradually unwinds positions to return your stablecoins. Processing times vary by xToken: **up to 3 days** for xHYPE and xBTC, as the system closes positions safely over multiple funding cycles, and **up to 24 hours** for xLEND. Standard redemptions are particularly useful when a large withdrawal exceeds the available instant redemption liquidity buffer, ensuring users are never blocked from exiting their position. Requested withdrawals also ensure fairness, preventing a single large exit from negatively impacting remaining holders.\
In the event of a withdrawal representing a significant share of the vault's total value, processing times may be extended beyond the standard window to ensure the strategy unwinds safely and minimizes impact on remaining vault participants.

### 3. Bridging xTokens (Cross-Chain Transfer)

1. **Choose your xToken**

   Select the xToken you want to bridge (e.g., xHYPE, xBTC, xLEND, etc.).
2. **Select the source chain and destination chain**

   Pick any supported chain. Because xTokens are OFTs, they can freely move between all enabled networks.
3. **Enter the amount to bridge**

   You can bridge any amount, including your full balance.
4. **Receive your xTokens**

   Once the LayerZero message is delivered, your xTokens appear on the destination chain. Your share count and accumulated yield remain exactly the same.