Subscribe to Hyperdrive
HyperdriveHyperdrive 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...
HyperdriveHyperdrive - 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...
HyperdriveIntroducing Hyperdrive: The Premier DeFi Hub on HyperEVM
Hyperdrive offers risk mitigated high-yield strategies to those looking to safely park their USDC. Hyperdrive is the premier DeFi hub on Hyperliquid, offering unparalleled yield strategies to all users:Earn - Earn yield on USDC or access Hyperdrive’s curated list of yield strategies. Battle-tested, double-audited lending infrastructure built on Hyperliquid.Borrow - Use Hyperliquid tokens such as $BTC, $HYPE, $PURR as collateral to borrow USDC.Liquid HLP & Leveraged HLP — HLP is Hyperliquid’s ...
HyperdriveHyperdrive 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...
HyperdriveHyperdrive - 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...
HyperdriveIntroducing Hyperdrive: The Premier DeFi Hub on HyperEVM
Hyperdrive offers risk mitigated high-yield strategies to those looking to safely park their USDC. Hyperdrive is the premier DeFi hub on Hyperliquid, offering unparalleled yield strategies to all users:Earn - Earn yield on USDC or access Hyperdrive’s curated list of yield strategies. Battle-tested, double-audited lending infrastructure built on Hyperliquid.Borrow - Use Hyperliquid tokens such as $BTC, $HYPE, $PURR as collateral to borrow USDC.Liquid HLP & Leveraged HLP — HLP is Hyperliquid’s ...
Share Dialog
Share Dialog
<100 subscribers
<100 subscribers
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.
Since launch, Unit has facilitated over $100 million in BTC and ETH inflows, making Hyperliquid the #1 DEX for native BTC spot volume.
With the Hyperdrive integration, those assets are no longer just tradable — they become productive collateral. Users can:
Borrow stablecoins against native BTC and ETH
Access liquidity without selling their holdings
Use borrowed assets across DeFi applications on HyperEVM
This unlocks a new layer of financial utility and composability for assets historically difficult to deploy in DeFi — especially Bitcoin.
Hyperdrive and Unit together form the foundation of Hyperliquid’s broader vision: to create a fully onchain alternative to centralized finance — one where assets can move, trade, and generate yield without intermediaries.
“This partnership is a major step toward making Hyperliquid the most capital-efficient onchain trading and lending platform in crypto. Unit brings native assets in. Hyperdrive puts them to work.”
— Hyperdrive Core Contributor
Collateralized lending against Unit assets will be live on hyperdrive.fi next week. Supported collateral includes Unit BTC and ETH, with additional assets to follow.
To stay up to date, visit https://x.com/hyperdrivedefi
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.
Since launch, Unit has facilitated over $100 million in BTC and ETH inflows, making Hyperliquid the #1 DEX for native BTC spot volume.
With the Hyperdrive integration, those assets are no longer just tradable — they become productive collateral. Users can:
Borrow stablecoins against native BTC and ETH
Access liquidity without selling their holdings
Use borrowed assets across DeFi applications on HyperEVM
This unlocks a new layer of financial utility and composability for assets historically difficult to deploy in DeFi — especially Bitcoin.
Hyperdrive and Unit together form the foundation of Hyperliquid’s broader vision: to create a fully onchain alternative to centralized finance — one where assets can move, trade, and generate yield without intermediaries.
“This partnership is a major step toward making Hyperliquid the most capital-efficient onchain trading and lending platform in crypto. Unit brings native assets in. Hyperdrive puts them to work.”
— Hyperdrive Core Contributor
Collateralized lending against Unit assets will be live on hyperdrive.fi next week. Supported collateral includes Unit BTC and ETH, with additional assets to follow.
To stay up to date, visit https://x.com/hyperdrivedefi
No comments yet