Cara

@brian_armstrong @jessepollak 2/ 4mica Clearing network for agentic commerce (missing infra for x402 scalable payments) Cracked team of of cryptographers who are building the coffin for visa ;)

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Dear @HypurrFi Community. HypurrFi is winding down and transitioning its Prime and Yield markets to Euler. Euler is a world class team and has an amazing vision for what programmable credit markets can enable, we saw this early on, and the value it will create for Hyperliquid. We are excited they will carry the torch we lit. The Hyperliquid opportunity is greater than ever, Euler understands this deeply and is working alongside Clearstar to ensure that opportunities for credit extend far beyond what is available on the chain today. I'm sure you have a lot of questions, but first things first, the protocols remain solvent and healthy, there are no issues, we're not going away overnight and that this isn't a change in belief or conviction on Hyperliquid, it's just a change in direction for us. What does this mean for you right now? The HypurrFi UI will remain online for users to withdraw. Legacy and Pooled Market's will be settled and shut down on June 30th, you are encouraged to unwind and migrate promptly. The Pooled Market has been adjusted to prevent more debt from being issued, HYPE/USDC/USDT0 remain available for supply to give borrowers time to repay, the remaining markets have been frozen for new borrow and lend. USDXL rates will be set to 30% to incentivize repayment long before market closure, the time to repay is now, if you need usdxl to repay, you can mint from the USDXL page with USDT0 while markets are operational. HypurrFi Support will remain available until May 28th, after which Discord will be closed. A migration tool has been added to the UI, check the relevant dashboards to help guide your migration positions to an appropriate Euler market. Hyperliquid support will be added to the Euler UI over the coming days. Hyperscan.com will continue to be available, we are working with Enigma to keep it running and expand its capabilities as a testnet explorer The HypurrFi Card and HypurrFi Points have been discontinued If you're a pooled or legacy market lender or borrower, the time to repay and close out your positions is here. I want to extend my gratitude to the entire Hyperliquid community for the love you have shown all of us at HypurrFi over the last year, many of us will be around in some capacity so if you see any of us on your travels, be sure to say hello. If you are looking for talented, crypto native, and kind people to join your ranks, I know that they will contribute meaningfully and with their full heart, so please reach out. Catch you in the order books. Hyperliquid