Hyperliquid has officially launched its manual borrowing functionality. This newly introduced feature operates on the foundational HyperCore infrastructure, which is the exact same technology that powers portfolio margin. At present, this shared architecture is already managing $269M in borrowed assets today.
You now have the option to deposit BTC and HYPE to act as your collateral, giving you the ability to borrow quote assets, specifically USDT and USDC. Participants who choose to supply these quote assets will generate an interest yield, while those taking out the loans will be charged an interest fee. Ultimately, all of these interest rates are dynamically determined by the overall utilization of the platform.
You now have the option to deposit BTC and HYPE to act as your collateral, giving you the ability to borrow quote assets, specifically USDT and USDC. Participants who choose to supply these quote assets will generate an interest yield, while those taking out the loans will be charged an interest fee. Ultimately, all of these interest rates are dynamically determined by the overall utilization of the platform.
