HyperLend

HyperLend just crossed $20 billion in total volume processed.

HyperLend has completed it's upgrade to Aave v3.6 as per our agreement with the Aave DAO. The v3.6 upgrade centres around e-mode, allowing the protocol to offer more optionality to its users in this mode in the future. This upgrade also includes multiple security hardening measures, making the protocol more resilient. HyperLend is committed to continual renewal and improvement of our protocol, working with Block Analitica (@BlockAnalitica) to ensure user safety is paramount. We conducted two audits, one with Pashov (@PashovAuditGrp) and one with an independent auditor, before scheduling the upgrade. We then instituted a 7-day timelock and review period, during which the code became eligible for our mainnet bug bounty program of $250k. HyperLiquid's Credit Layer remains stronger than ever. gLend

In light of recent events, we at HyperLend want to extend our sincere support to those affected, these are truly difficult times, and our DMs are always open if anyone wants to talk. HyperLend had no exposure and all flows have continued processing smoothly. If you have any concerns whatsoever, please don't hesitate to reach out, we're happy to walk you through everything. Enjoy the rest of your Sunday, HL fam.

2 Weeks of Stake and Save. 26% of Circulating Supply Staked. Users already saving $130,000+. gLend.

How I designed HyperLend 2.0 .. For the last 2 years my team & I have been tracking user behavior and gathering important information in order to optimize your experience using our app. Rather than just copying protocols that came before us we dove into the data, using our years of ux research to piece together an app that shows you all the information you want and need as a user. We focused on three key pillars, working to make the app faster, smoother and cleaner. With these pillars in mind we’ve made HyperLend easier than ever to integrate into your daily rotation. HyperLend now allows users to track their HyperCore balance live in our app, with data updated every second. We believe credit is part of every core piece of the house of finance, so you shouldn’t have to leave the credit layer to view the rest of the house. As always, please let me know if you have any feedback on our design, the optimising never finishes 🫡 gMeow

Introducing HyperLend 2.0

@0xNessus @Kinetiq_xyz Stake 🤝 Save

One of our users has an almost $100M kHYPE/HYPE looped position on HyperLend, highlighting just how large a position we can support. With that position, they're saving an estimated $40k per year on costs simply by staking less then $500 worth of HPL tokens. No lockups, fully liquid. The HPL pays for itself within days, everything after that is pure savings on top of an already efficient position. This is what capital efficiency at scale looks like on HyperLend. gLend.

HyperLend's USDC borrow curve will also be changing, with borrow rates forecast to drop approximately 1.2%. Learn more about E-Mode Here: docs.hyperlend.finance/architecture/a…

Credit is now even more efficient on HyperLend. With newly readjusted LTV's across the protocol users can access the credit layer of Hyperliquid at even better rates, utilising deep liquidity to borrow HYPE, USDC, kHYPE, uBTC and more. Readjusted LTV's mean E-Mode is even more effective, with borrowing against correlated assets becoming cheaper than ever. With E-Mode active HyperLend now offers the highest LTV on HYPE and its core LST's available. Looping kHYPE has never looked this good. gLend.

FULL CONVERSATION with Ness, Co-Founder of HyperLend. – HyperLend wants TradFi credit onchain – Hyperliquid may be chasing Nasdaq – Private credit could change unit economics – $HPL & staking rebates favor real platform users – Tokenized assets could expand demand

1 year 72,847 users 958,725 transactions 98,892 airdrop recipients $990,247,879 peak market size $18,499,324,539 in total volume

Learn more about Staking and HyperLend at: docs.hyperlend.finance/hyperlend-1/st…

This is why we’re introducing Stake and Save with HPL. Stake and Save is a Fee Rebate product designed for borrowers. Fee rebates will be presented to users as cheaper borrow rates, allowing users to borrow for less. HPL staking rebates are based on a curve, with users able to access progressively larger rebates as they scale up the amount of HPL they have locked up. The more you borrow, the more you are saving, with a ceiling applied at a certain size of borrow. With initial parameters set HyperLend users will be able to borrow against their HYPE with almost 0 borrow rate. Stake and Save is the first utility we are bringing to the HPL token as we look to continually innovate on how a token can further enhance the credit layer of Hyperliquid. gLend and happy staking.

Today we unveil the next phase of HyperLend’s product rollout, HPL token staking. HPL Staking is designed to further enhance HyperLend as the credit layer of Hyperliquid. A key part of functioning as this layer is working to offer the cheapest borrow rates possible.

HyperLend is proud to announce our inaugural institutional product in collaboration with Hyperion, the first publicly-listed Hyperliquid DeFi company This partnership introduces compliance-gated private pools and dedicated credit facilities, allowing large-scale entities to borrow against HYPE. By unlocking these avenues, we are tapping into billions in dormant capital and building the foundation for the house of all finance. Institutional capital is ready, and so are we. gLend.

@0xNessus hi

It all started with a simple "hi" in July 2024. Today, this has evolved into a credit infrastructure processing $17B in total volume so far. Grateful for the journey.

Blockworks Advisory has been setting the standard for professional DeFi research since 2022, documenting multiple cycles and providing analysis of the highest quality. We look forward to continuing to utilise their expertise as HyperLend scales as Hyperliquid’s premier credit layer.

$HPL is the only correct ticker, and we are only live on Hyperliquid, paired with USDH from @nativemarkets. Please verify the ticker and links carefully before interacting to avoid scams. Trade HPL/USDH at: app.hyperliquid.xyz/trade/HPL/USDH

HyperLend's native token, $HPL, is now live on the Hyperliquid exchange.