đš HYPERLIQUID LAUNCHES BORROWING â $269M ALREADY BORROWED
Hyperliquid has launched manual borrowing on HyperCore, allowing users to use HYPE or BTC as collateral to borrow USDC and USDT.
đ Key Points:
âą $269M in assets borrowed across the infrastructure
âą HYPE can be used as collateral at up to 65% LTV
âą BTC collateral supports up to 50% LTV
âą Borrowed USDC/USDT pays interest
âą Supplied quote assets earn interest based on utilization
âą HYPE surged above $90 and reached a new all-time high
đ Market Insight:
The new borrowing system expands Hyperliquidâs lending and collateral utility while increasing demand around HYPE. The market is closely watching whether the new functionality can sustain activity near HYPEâs record levels.
#HYPE #Hyperliquid #crypto #defi #BinanceSquare $HYPE
Hyperliquid has launched manual borrowing on HyperCore, allowing users to use HYPE or BTC as collateral to borrow USDC and USDT.
đ Key Points:
âą $269M in assets borrowed across the infrastructure
âą HYPE can be used as collateral at up to 65% LTV
âą BTC collateral supports up to 50% LTV
âą Borrowed USDC/USDT pays interest
âą Supplied quote assets earn interest based on utilization
âą HYPE surged above $90 and reached a new all-time high
đ Market Insight:
The new borrowing system expands Hyperliquidâs lending and collateral utility while increasing demand around HYPE. The market is closely watching whether the new functionality can sustain activity near HYPEâs record levels.
#HYPE #Hyperliquid #crypto #defi #BinanceSquare $HYPE
