The fixed-income primitive for DeFi. Mirror is managed by the HyperVue Foundation.
Definitive Guide to Earning Miles and Securing your Stake in the Hyperdrive Token
The Hyperdrive token is coming, and the more you engage with the protocol, the larger your allocation will be. Hyperdrive Miles are the key. They reward users who provide liquidity, engage in leveraged rate operations, and utilize Fixed Borrow.What Are Hyperdrive Miles?Hyperdrive Miles are your on-chain record of engagement with the protocol. Several actions you take—supplying liquidity, opening Shorts, or borrowing at fixed rates—earn you Miles. Miles are permanently tied to your address. Th...
Definitive Guide to Earning Miles and Securing your Stake in the Hyperdrive Token
The Hyperdrive token is coming, and the more you engage with the protocol, the larger your allocation will be. Hyperdrive Miles are the key. They reward users who provide liquidity, engage in leveraged rate operations, and utilize Fixed Borrow.What Are Hyperdrive Miles?Hyperdrive Miles are your on-chain record of engagement with the protocol. Several actions you take—supplying liquidity, opening Shorts, or borrowing at fixed rates—earn you Miles. Miles are permanently tied to your address. Th...
Fixed Borrow: Securing Predictable Borrow Rates in DeFi
Volatile interest rates are a constant challenge for DeFi borrowers. A single spike in borrowing costs can quickly erode the profitability of many on-chain strategies. Hyperdrive’s Fixed Borrow addresses this pain point by helping borrowers effectively “lock in” a portion—or all—of their borrowing costs at a fixed rate. Below, we explore how Fixed Borrow works, why it’s important, and how it’s essentially a Short position under the hood.Why Fixed Borrow MattersWhen users open variable-rate lo...
Fixed Borrow: Securing Predictable Borrow Rates in DeFi
Volatile interest rates are a constant challenge for DeFi borrowers. A single spike in borrowing costs can quickly erode the profitability of many on-chain strategies. Hyperdrive’s Fixed Borrow addresses this pain point by helping borrowers effectively “lock in” a portion—or all—of their borrowing costs at a fixed rate. Below, we explore how Fixed Borrow works, why it’s important, and how it’s essentially a Short position under the hood.Why Fixed Borrow MattersWhen users open variable-rate lo...
Speculating on DeFi’s Rate Changes
Hyperdrive is a DeFi protocol that enables users to gain exposure to both fixed and variable interest rates in a single product. In this article, we focus on Short positions—an opportunity to profit when the variable rate outperforms the fixed rate. However, to understand Shorts, it's crucial to grasp the concept of hy[Tokens], the heart of the Hyperdrive market.Introducing hy[Tokens]hy[Tokens] are the core of the Hyperdrive protocol. They trade at a discount but mature at their full fac...
Speculating on DeFi’s Rate Changes
Hyperdrive is a DeFi protocol that enables users to gain exposure to both fixed and variable interest rates in a single product. In this article, we focus on Short positions—an opportunity to profit when the variable rate outperforms the fixed rate. However, to understand Shorts, it's crucial to grasp the concept of hy[Tokens], the heart of the Hyperdrive market.Introducing hy[Tokens]hy[Tokens] are the core of the Hyperdrive protocol. They trade at a discount but mature at their full fac...
Hyperdrive Miles will map directly to the Element DAO token network, with plans for a new token launch
The HyperVue Foundation announces that the Miles Points Program will map directly to the Element DAO token network, with plans for a new token and an upcoming Token Generation Event (TGE). The HyperVue Foundation has successfully implemented the Miles Points Program to aid and incentivize the usage of the Hyperdrive Protocol. As it continues to add different sets of incentivized actions to the protocol, HyperVue would like to clarify what the end of the initial Points Season brings to users a...
Hyperdrive Miles will map directly to the Element DAO token network, with plans for a new token launch
The HyperVue Foundation announces that the Miles Points Program will map directly to the Element DAO token network, with plans for a new token and an upcoming Token Generation Event (TGE). The HyperVue Foundation has successfully implemented the Miles Points Program to aid and incentivize the usage of the Hyperdrive Protocol. As it continues to add different sets of incentivized actions to the protocol, HyperVue would like to clarify what the end of the initial Points Season brings to users a...
Fixed Income: Bringing a TradFi Foundational Tool to DeFi
When it comes to stable, predictable returns, fixed income has long been a fundamental building block in traditional finance (TradFi). Investors rely on these products to stabilize portfolios, hedge against volatility, and ensure a steady stream of income. In other words, fixed-income assets serve as a bedrock for long-term financial planning, enabling institutions, governments, and individuals to reliably forecast returns and manage risk.How does Fixed Income Work?In the traditional world, f...
Fixed Income: Bringing a TradFi Foundational Tool to DeFi
When it comes to stable, predictable returns, fixed income has long been a fundamental building block in traditional finance (TradFi). Investors rely on these products to stabilize portfolios, hedge against volatility, and ensure a steady stream of income. In other words, fixed-income assets serve as a bedrock for long-term financial planning, enabling institutions, governments, and individuals to reliably forecast returns and manage risk.How does Fixed Income Work?In the traditional world, f...
