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Hyperdrive
Hyperdrive is Hyperliquid's yield hub, a premier stablecoin money market that allows users to supply and borrow stablecoins, liquid stake $HYPE, and utilize one-click yield strategies. It is described as a stablecoin money market on the Hyperliquid platform, allowing users to earn lending APY or borrow against other assets, with key features including liquid staking for the $HYPE token and using HLP as collateral.
Distributed
Funding Rounds
Funding Round: Series A
Funding Date: 23 May, 2025
Raised Amount: $6M