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Using Delpho is the step-by-step guide to the dapp: from first wallet connection through minting, staking, position management, and exits. Read this if you intend to interact with the protocol directly.
Connect wallet and get started - network setup and the first-time tour.
Mint USDV with USDC or USDT - minting against stablecoins for the delta-neutral route.
Mint USDV with HYPE or kHYPE - depositing HYPE or Kinetiq's liquid-staked HYPE and creating a USDV position.
Stake USDV to sUSDV - putting minted or bought USDV to work for yield.
Manage your borrow position - adding collateral, repaying, monitoring health factor.
Redeem and unstake - unstaking sUSDV, redeeming USDV, or selling on the open market.
For mechanics behind the flows, see How Delpho works.
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