Svent

@0xNessus Based

A year ago I spoke to a room of around 100 people about Hyperliquid and HyperLend. A lot has happened since. Thank you to those who were listening.

HyperLend has scheduled the upgrade from v3.2 to v3.6 (following our agreement with the Aave DAO). The upgrades were scheduled in the Timelock A (7-day delay) and are covered by our mainnet-level bug bounty ($250k payout for critical issues).

HyperLend

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

Calling all ETH holders.

@getliquidalpha Yeah, it’s not correct because there was no historical data in the past, when kHYPE became available on HyperLoop. Will forward this tweet to the dev. Thanks again!

@sventure5 The Hyperloop APY doesn't seem to show correctly for KHYPE looping though. It's like there's 0% APY on KHYPE so while the e-mode LTV is nice, it's still a lot of manual calculation for the real APY.

Weekly update #85 - HYPE and kHYPE e-mode LTV raised: You can now borrow more with the same deposit, but only when using e-mode. The reasoning behind this increase can be found in the risk-management channel, inside our discord server. - New $HPL analytics page by Blockworks: If you want to view detailed information on on-chain metrics, activity, and charts for HyperLend’s $HPL token, you can visit: blockworks.com/analytics/hype… - New docs released: The old documentation contained some irrelevant information. We have now fully reworked and rebranded it. Please take a look, we appreciate any feedback! docs.hyperlend.finance

Introducing HyperLend 2.0

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.

My whole feed became Bosnia posting lmao Congrats on the win!

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.

Weekly update #84 - HPL verified on Hyperevmscan: When searching for our contract address, the one with the blue tick is the correct one. Others are most likely scams and can be ignored. - New team member onboarded: Please welcome our newest CMO, @0xSearchie! - ~10% of the circulating HPL supply is staked! - @0xNessus attended 2 spaces last week: On @11AMdotclub and @hypersurfaceX he talked about how HyperLend is aiming to bring traditional finance (TradFi) credit onchain, while Hyperliquid appears to be targeting larger institutional markets like Nasdaq. The introduction of private credit could significantly improve unit economics. At the same time, HPL tokenomics and staking rebates are designed to reward real users, and tokenized assets may further drive demand for the platform.

How our risk framework protected @hyperlendx from the Resolv (USR) exploit. When we assessed USR for onboarding, we flagged a privileged SERVICE_ROLE; a single key that could control minting operations with no on-chain amount validation, no oracle checks, no caps. We called it a centralization risk and a single point of failure. On March 22nd, that's exactly what was compromised. Our recommendation was clear: USR should be borrowable only, never eligible as collateral. The asset carries significant CeFi dependency risk from off-chain infrastructure, custodians, privileged keys. This made it unsuitable for collateral use. Because USR was never collateral on Hyperlend, two things held: 1. The attacker could never deposit illicitly minted USR as collateral to borrow legitimate assets like USDC or ETH. This is the exact drain vector that hit other platforms. On Hyperlend, that door was never open. 2. No leveraged looping, no liquidation cascading, no oracle arbitrage opportunity. We recommended pricing USR at its market price from day one. When the depeg hit, the oracle repriced naturally. Any lender losses on Hyperlend are equivalent to simply holding USR, loss from price action, not from protocol insolvency or bad debt. Total USR exposure on Hyperlend was ~5k USR with conservative supply and borrow caps. Our team responded within 2 hours of the exploit. Zero bad debt. No protocol insolvency. No contagion. gLend.

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

JUST IN: Slovenia will temporarily limit fuel purchases to 50 litres per day for private vehicles.

HyperLend is aware of the USR situation, and we have frozen the market. Current exposure is very small, limited to ~$5.53k

@0xSearchie @hyperlendx HyperLend!

Lil update from me, I'm hyped to say that I've recently joined the team at @hyperlendx as a contributor focusing on marketing. HyperLend is the market leading credit layer in the Hyperliquid eco and I'm looking forward to playing a part in building out the House of all Finance!

The inaugural @hyperlendx institutional product launched last week, enabling @HyperionDeFi to replace traditional 8% debt with onchain borrowing at 4%. We caught up with @0xNessus to talk the significance of the collaboration and get his take on the surging Hyperliquid ecosystem.

@getliquidalpha @HyperliquidX

Banter aside, don't let your current bags blind you from the potential of @HyperliquidX. Infrastructure, not app. Builders who build on Hyperliquid are already bigger than "Hyperliquid competitors." There's plenty left to build. There's plenty value left to create. And it all goes into $HYPE.

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.