I'm hopeful that you had the OFA ratings available to you from the German Shepherd Dog's lineage.
After researching this for someone, I stand by my belief that the wild should be left to be as free as possible. It seems unfair and selfish of humans to keep the wild and beautiful wolf in captivity. In the wild it is survival of the fittest, only the healthiest survive. With wolf hybrids, introducing a possible genetic flaw to the wolf like hip dysplasia breaks my heart. If you want to do the wolf a favor, admire him in his own natural environment. Go to Yellowstone and see how he was born to live. Is it necessary to posess him?
Also, since the predatory instinct is more likely to surface since it hasn't been bred down as far as the domesticated dog, do you really want to have him near your chickens and livestock? (Yes, everyone, I know that the domesticated dog has predatory instincts too.)
For now, what's done is done. You have a wolf hybrid and other people will continue to sell them as long as people will buy them. Please take the necessary precautions. Do your research. Be aware that she is a cute pup now, but her instincts will kick in at a certain age and the sqealing neighbor kids might trigger something in her someday. Maybe, maybe not. Also, start looking for a veterinarian now because most are not licensed to treat wild or hybrid animals. You can fib and say that she is a shepherd mix if she needs treatment, but be aware that the drug companies have not tested their products in canis lupus.
You can argue that it's "all in the way you raise them", but it's undeniable that genetics plays a roughly equal role. I had a Vizsla(bird dog) who was never brought up to hunt but still "pointed" at everything he saw resembling a bird. My personal regret is that I never learned to bird hunt so I could have given him what he was bred to do.