> For the complete documentation index, see [llms.txt](https://docs.untitledbank.co/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.untitledbank.co/use-cases/impermanent-loss-hedge.md).

# Impermanent Loss Hedge

* **LP Token Vaults**: Create LP token vaults (e.g., Velodrome CL100-USDC/WETH) to generate yield for LP depositors.
* **Hedge their asset position**: WETH and USDC holders can borrow LP tokens using their WETH or USDC as collateral to hedge their own position.