Hyperbolic Protocol

Hyperbolic Protocol

Hyperbolic Protocol (HYPE) is a 100% on-chain collateralized lending protocol that allows users to borrow ETH against a wide range of collateral tokens. It utilizes Uniswap V3 TWAPs for automated, variable interest rates and provides real yield in ETH to HYPE token holders and liquidity providers from protocol fees.
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Description

Hyperbolic Protocol (HYPE) is a fully on-chain collateralized lending protocol that uses Uniswap V3 Time-Weighted Average Prices (TWAPs) to set automated variable APRs and protocol fees. This system is designed to maximize yield and ensure sustainability. Unlike many other platforms, HYPE permits any asset with a liquid Uniswap V3 pool to be used as collateral for borrowing ETH. This allows users to access liquid capital for various needs, such as unexpected expenses or new investments, without having to sell their existing crypto assets. The protocol generates real yield in ETH for HYPE token holders and liquidity providers from the fees collected through its usage, without requiring staking.