Can you borrow without selling coins? Hyperliquid’s new feature lets you do it!
Hyperliquid has launched a manual borrowing and lending feature, allowing you to use $HYPE and $BTC as collateral to borrow USDC or USDT without selling your spot holdings. As of now, the borrowing volume has reached approximately $269 million.
This feature is shared with the Portfolio Margin system, meaning users can enjoy more flexibility on the same platform. Interest rates are dynamically adjusted based on the utilization rate of the funding pool, which is undoubtedly great news for users who want to unlock liquidity.
Worth noting is that this not only gives investors more options, but may also change the flow of capital in the market. So, what kind of impact will this new mechanism have on the liquidity of $HYPE and $BTC ?
#加密货币 #Macro economy
Hyperliquid has launched a manual borrowing and lending feature, allowing you to use $HYPE and $BTC as collateral to borrow USDC or USDT without selling your spot holdings. As of now, the borrowing volume has reached approximately $269 million.
This feature is shared with the Portfolio Margin system, meaning users can enjoy more flexibility on the same platform. Interest rates are dynamically adjusted based on the utilization rate of the funding pool, which is undoubtedly great news for users who want to unlock liquidity.
Worth noting is that this not only gives investors more options, but may also change the flow of capital in the market. So, what kind of impact will this new mechanism have on the liquidity of $HYPE and $BTC ?
#加密货币 #Macro economy
