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Hyperdrive
Hyperdrive is Hyperliquid’s stablecoin money market and yield hub. It lets users supply and borrow stablecoins, liquid stake HYPE, use HLP as collateral or leverage, and access one-click yield strategies.
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Hyperdrive
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Description
Hyperdrive is a decentralized stablecoin money market built on the Hyperliquid blockchain. It offers users the ability to supply and borrow stablecoins, engage in liquid staking of $HYPE tokens, and utilize HLP (Hyperliquid Liquidity Provider) tokens as collateral. The platform provides one-click yield strategies, aiming to simplify the user experience in decentralized finance (DeFi).Category: DeFi
TVL: $54K
Hack: Borrowing and Lending Other ($782K)
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