Borrow Stablecoins against your assets, make your $HYPE liquid, 3x on your HLP positions. More yield strategies coming soon.
Hyperdrive Incident Disclosure – September 27, 2025
On Saturday, September 27, 2025, at approximately 22:00 Singapore time (SGT), the Hyperdrive team was alerted to suspicious on-chain activity affecting the Primary and Treasury USDT₀ markets. Out of an abundance of caution, all markets were immediately paused while we investigated. Following a rapid internal review, we confirmed that the activity was the result of a malicious exploit. Our incident response plan was activated, and a dedicated war room was assembled consisting of the Hyperdrive...
Hyperdrive Incident Disclosure – September 27, 2025
On Saturday, September 27, 2025, at approximately 22:00 Singapore time (SGT), the Hyperdrive team was alerted to suspicious on-chain activity affecting the Primary and Treasury USDT₀ markets. Out of an abundance of caution, all markets were immediately paused while we investigated. Following a rapid internal review, we confirmed that the activity was the result of a malicious exploit. Our incident response plan was activated, and a dedicated war room was assembled consisting of the Hyperdrive...
Hyperdrive and Unit Partner to Unlock Borrowing Power for Native BTC, ETH and more Unit Assets on Hyperliquid
Hyperdrive, the premier stablecoin money market built for Hyperliquid, is proud to announce a strategic integration with Unit, the decentralized tokenization protocol that brings native assets like BTC and ETH into the Hyperliquid ecosystem. Through this partnership, holders of Unit assets can use their BTC and ETH as collateral on Hyperdrive to borrow USDe and other stablecoins, unlocking new capital efficiency for self-custodial users across HyperEVM.Powering Capital Efficiency for Native A...
Hyperdrive and Unit Partner to Unlock Borrowing Power for Native BTC, ETH and more Unit Assets on Hyperliquid
Hyperdrive, the premier stablecoin money market built for Hyperliquid, is proud to announce a strategic integration with Unit, the decentralized tokenization protocol that brings native assets like BTC and ETH into the Hyperliquid ecosystem. Through this partnership, holders of Unit assets can use their BTC and ETH as collateral on Hyperdrive to borrow USDe and other stablecoins, unlocking new capital efficiency for self-custodial users across HyperEVM.Powering Capital Efficiency for Native A...
Hyperdrive - THE Stablecoin Money Market
Hyperdrive was created with a vision - The stablecoin market will be crypto’s largest and fastest growing vertical. Though this view may be consensus today, the foundations for Hyperdrive to support this vision begun to be built many years ago. As we prepare to launch, we will outline below why we chose to focus on stablecoin lending, and why on Hyperliquid.The Stablecoin MarketJust 5 years ago in 2020, Ethereum had found its flagship product - DeFi. With just over $600M in TVL at the start o...
Hyperdrive - THE Stablecoin Money Market
Hyperdrive was created with a vision - The stablecoin market will be crypto’s largest and fastest growing vertical. Though this view may be consensus today, the foundations for Hyperdrive to support this vision begun to be built many years ago. As we prepare to launch, we will outline below why we chose to focus on stablecoin lending, and why on Hyperliquid.The Stablecoin MarketJust 5 years ago in 2020, Ethereum had found its flagship product - DeFi. With just over $600M in TVL at the start o...
HLP - The Ultimate Collateral Asset
Yield-bearing asset that is able to be used as collateral. That's the holy grail in not only crypto, but in all of finance. We see evidence of this through popular strategies such as long USD Treasuries and short JPY. When Hyperdrive unlocks HLP as a collateral asset, a 0 to 1 shift will take place in the market. A sustainable strategy boosted by liquidation privileges on Hyperliquid, not ponzi yield driven by minting tokens, that is leverageable on Hyperdrive. Some key characteristics o...
HLP - The Ultimate Collateral Asset
Yield-bearing asset that is able to be used as collateral. That's the holy grail in not only crypto, but in all of finance. We see evidence of this through popular strategies such as long USD Treasuries and short JPY. When Hyperdrive unlocks HLP as a collateral asset, a 0 to 1 shift will take place in the market. A sustainable strategy boosted by liquidation privileges on Hyperliquid, not ponzi yield driven by minting tokens, that is leverageable on Hyperdrive. Some key characteristics o...
Why HYPED is the Best HYPE LST: Secure, Real-Time, and 0 Fees
Yield-bearing vaults are a fundamental part of DeFi, allowing users to earn passive income on their assets. However, when it comes to Liquid Staking Tokens (LSTs), tracking yield accurately and securely is a challenge. Most LSTs, including Lido’s stETH, rely on an external Overseer model, introducing security risks, inefficiencies, and additional costs for users.The HYPED Difference: Real-Time, On-Chain Exchange RateHYPED is a 0-fee LST for the HyperEVM, designed to eliminate these inefficien...
Why HYPED is the Best HYPE LST: Secure, Real-Time, and 0 Fees
Yield-bearing vaults are a fundamental part of DeFi, allowing users to earn passive income on their assets. However, when it comes to Liquid Staking Tokens (LSTs), tracking yield accurately and securely is a challenge. Most LSTs, including Lido’s stETH, rely on an external Overseer model, introducing security risks, inefficiencies, and additional costs for users.The HYPED Difference: Real-Time, On-Chain Exchange RateHYPED is a 0-fee LST for the HyperEVM, designed to eliminate these inefficien...
