What is HyperLend?
HyperLend is a money-market platform that makes lending and borrowing digital assets efficiently and securely easy.
We aim to become the first and main lending platform on
@HyperliquidX
's EVM blockchain.
Read more about it here 🧵
Introducing HyperLend dApp!
Our time has come. We have deployed on the Hyperliquid testnet, bringing us one step closer to becoming the leading lending protocol on the HyperEVM chain.
Try it yourself -
This is your last chance to get in our Discord!
- How many triangles are in the picture? Comment!
- The more you find, the better your chances.
- Winners will receive their invitations within 24 hours.
Good luck, everyone!
We're opening our Discord! Want in?
- Find & comment hidden words below.
- The more words you find, the better
your chances.
- Winners will receive their invitations within 24 hours!
(be quick - spots are limited)
Announcing the Launch of HyperEVM Explorer!
We are excited to introduce the HyperEVM Explorer, a tool that allows you to navigate and explore projects built on the HL EVM chain. Transactions, addresses, & much more you can find, and YES, HyperLend is there too!
Curious? Explore
NEW PARTNERSHIP - SWELL NETWORK!
This is a big step, and we are happy to be working with
@swellnetworkio
, who, if you didn't know, has the best experience with liquid staking and liquid restaking in DeFi!
We will announce more details once we go live on mainnet.
Let's build &
NEW PARTNERSHIP - RESOLV LABS
Born from the idea of independence by real world assets risks, with yield powered by crypto money markets.
The true delta-neutral stablecoin that actually works!
With over 5000 users, we're honoured to see the incredible interest & growth of our testnet! A massive THANK YOU to everyone around the world who has been part of this journey so far!
The momentum is real. Let’s keep pushing boundaries and build something extraordinary together!
Work on the L1 and HyperEVM has been progressing quietly over the past months.
During this time, it's been rewarding to see the community thrive. Thank you to the many users who have been building tools and apps, supporting one another, and spreading the word about Hyperliquid.
With the imminent approach of the launch of our first market, we would like to talk more about possible risks.
While we do everything we can to limit them, there are always certain risks associated with using DeFi protocols and users should be aware of them.
🧵
HyperLend Partnership with Theo Network!
We are pleased to announce our first partnership with
@TheoNetwork_
. With them we aim to transform the on-chain lending experience! Here’s a breakdown of what Theo brings and what we’ll be building together.
🧵
It's hard not to be tremendously bullish on the amazing
@HyperliquidX
ecosystem, both in product and the relentless community
Theo will continue to integrate with the greater HL community, starting with a key partnership with
@hyperlendx
Hyperlend aims to be the leading lending
The biggest opportunity for a spot in Discord begins NOW.
- Find & comment on the differences.
- The more differences you find, the better your chances.
- Winners will receive their invitations within 24 hours!
(it might be your last chance to get in)
Introducing the HyperLend Blog!
This blog is like your special map showing where we’re going and what we’re discovering. You’ll see how we’re building something new in the lending world.
Read the blog & find the hint - before others do.
A bridge between the blockchain world and real-world data.
Keeping DeFi platforms secure, transparent, and efficient. We're using the most reliable oracles to provide you with the best possible experience.
🧵
This is your last chance to get in our Discord!
- How many triangles are in the picture? Comment!
- The more you find, the better your chances.
- Winners will receive their invitations within 24 hours.
Good luck, everyone!
Congratulations to the 25 winners! The invitations have been sent! Good luck to everyone else next time. Be sure to turn on notifications so you will not miss your next opportunity.
We're opening our Discord! Want in?
- Find & comment hidden words below.
- The more words you find, the better
your chances.
- Winners will receive their invitations within 24 hours!
(be quick - spots are limited)
The biggest opportunity for a spot in Discord begins NOW.
- Find & comment on the differences.
- The more differences you find, the better your chances.
- Winners will receive their invitations within 24 hours!
(it might be your last chance to get in)
1 MONTH RECAP
We know, you are wondering:
- what have we done since our dApp launch
- what are their next steps
Can you find the hint for this week?
Read in our blog -
Congratulations to the 25 winners! The invitations have been sent! Everyone, prepare yourself for the next game. This Monday at 8 pm CET. Notifications ON!
Borrowing
▫️ Borrow assets when needed, at either a stable or variable interest rate.
▫️ Borrow depending on how much collateral have you deposited & replay the loan anytime.
▫️ Switch between variable or stable interest rate
HyperLend’s platform revolves around a non-custodial liquidity pool where users can deposit and borrow different assets.
Interest rates are set based on supply and demand, ensuring competitive rates.
We also offer flash-loans, allowing users to borrow without collateral.
Yield & Governance
HyperLend token holders will be entitled to a share of the protocol revenue and will be able to vote on important governance decisions such as pool parameter updates, asset listing, and other protocol changes
More detailed info will be available soon!
Benefits
▫️ Earn passive income by supplying assets, using them as collateral
▫️ Borrow tokens with variable or stable interest rates
▫️ Hold tokens, participate in governance, and earn a share of the revenue
HyperLend charges minimal platform fees, which may vary depending on the network's current conditions
▫️ Flash Loan Fee
▫️ Reserve rate: part of the interest is paid to the treasury and insurance fund
▫️ Liquidation penalty
Since the liquidity and volatility of cryptocurrency tokens often change rapidly, there is a need for constant re-evaluation of listed assets.
We are constantly monitoring both listed assets and those that are considered for listing in the future.
Why It Matters?
By bridging the gap between isolated protocols, our collaboration will deliver a high-performance lending experience, making DeFi more accessible and usable for all users.
We are also in talks with other oracle providers (such as Redstone), and if they decide to launch on HyperEVM mainnet, we will be using the average price of all available providers.
The Role of Oracles in DeFi Lending:
When you deposit or borrow assets, price fluctuations directly impact your loan-to-value (LTV) ratio. Oracles ensure these prices are accurate, preventing market manipulation or faulty liquidations.
HyperLend oracles:
HyperEVM chain has a built-in system oracle, providing price data from Hyperliquid L1 DEX. This includes mark prices of the futures, spot prices, and most importantly for us, oracle prices.
What are Oracles?
They are crucial systems connecting blockchain smart contracts with real world data. Blockchains can’t access external info on their own, so we have oracles, which provide reliable data feeds (asset prices or real world events), directly to smart contracts.
What We’re Doing Together
HyperLend will integrate Theo’s infrastructure, allowing users to lend and borrow across chains. Together, we will optimize risk and price management, which will elevate user experience and enhance overall functionality and accessibility.
Lending ETH comes with risks like market volatility and liquidation if collateral drops in value. Ensure you understand the potential outcomes before lending. Exercise caution and manage your risk accordingly.
Oracle prices are published by the L1 validators every 3 seconds. Each validator calculates a weighted median of Binance, OKX, Bybit, Kraken, Kucoin, Gate IO, MEXC spot prices for each asset, with weights 3, 2, 2, 1, 1, 1, 1.
About Theo Network
Theo defragments the crypto UX by providing virtual fulfilment that unifies assets and risk currently isolated across numerous chains and protocols. With Theo’s infra, users can utilize their assets across all networks with near instant finality, creating a
Why Do We Need Oracles?
Imagine building a DeFi platform, where users can borrow and lend assets. You need accurate, up to date price info for assets to prevent under collateralization or liquidation. Oracles bring this real time pricing into the blockchain ecosystem, keeping
What? when? Tell us more!
Together we are working for something unique, never done before, and will be designed specifically for Hyperliquid and Hyperlend! SOON…
Less liquid assets are listed in separate pools, limiting the total exposure and allowing users to pick which pools they want to use.
The most illiquid assets are listed in extra-isolated pools, where each pool has only one token that can be borrowed (against one collateral).
$USR as Collateral on Our Platform
It will be available as collateral on our platform, enabling traders to borrow assets against their $USR holdings. This enhancement boosts liquidity and opens up new trading opportunities.
What This Means
Using $USR as collateral increases its
To mitigate this risk, we carefully consider which assets to list, considering both on-chain (DEX) and off-chain (CEX) liquidity.
(e.g. our HyperLiquid spot tokens order-book depth tracker is public )
Market-Neutral Vault Products Linked to ETH or BTC
Market-neutral vaults are investment products which generate returns without taking directional market risk. In this case, they are linked to major cryptocurrencies like Ethereum (ETH), Bitcoin (BTC).
How it works:
- Step 1:
Another common risk, more specific to lending markets is a rapid devaluation of assets that are available as
collateral.
If the protocol is unable to liquidate unhealthy loans, it will accrue bad debt, making the protocol insolvent.
The first and most obvious risk is the smart contract risk, code could always contain errors.
We are working with multiple reputable auditors to ensure both our contracts and deployment configurations/parameters will be audited before the launch.
The protocol allows for the configuration of specific supply and borrow caps for each asset.
This allows the governance & risk admins to have better control over the exposure to certain assets and reduce the risk associated with them.