NΞO
NΞO
Today, we are going to talk about a big project on HyperLiquid. A money market protocol with ~$260M TVL. « The leveraged lending marketplace for accelerated yield on HyperEVM » Read this asap for many alpha…🧵⬇️
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Powered by @lastdotnet. It supports $HYPE, stHYPE, uBTC, and uETH as collateral, and you can borrow either the same assets or $USDXL (its own stablecoin). Website :
@lastdotnet For me, it’s one of the best DeFi project launched on HL. You can earn a good yield with not a big risk (=liquidations). If you have any questions :
@lastdotnet Key Innovations of HypurrFi: Leveraged Lending on Hyperliquid: You can loop leverage positions using native assets like HYPE and stHYPE, boosting yield while keeping spot exposure.
@lastdotnet USDXL: Yield-Generating Overcollateralized Stablecoin: A native stablecoin backed by HypurrFi. Protocol revenue is used to acquire yield-bearing assets, enhancing backing & security.
@lastdotnet Efficiency Mode: Groups correlated assets to increase borrowing power and reduce your liquidation risk, improving capital efficiency!
@lastdotnet Tokenized US Treasury Reserves: Protocol profits are parked in tokenized US Treasury bonds to act as a backstop and provide baseline yield for USDXL holders.
@lastdotnet Catflow Model: Focuses on active cash flow generation instead of passive staking. = Incentivizes lending and USDXL usage to create a real economic activity onchain!
@lastdotnet HypurrFi stands out for its integration of proprietary leverage mechanisms, an innovative stablecoin, and a capital efficiency approach, providing a robust and secure DeFi platform on Hyperliquid. Thank you for reading! & s/o @andyhyfi for the help;)
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