The People’s Stablecoin. Borrow against HYPE and majors, mint feUSD on Hyperliquid
Felix is a synthetic dollar protocol on Hyperliquid L1 that lets users do the following: - Deposit Collateral and Borrow feUSD - Earn Yield with Felix Stability Pools - On-Chain Savings
📋 Requirements
- Ethereum wallet
- Some funds on any Ethereum/EVM chain
You can transfer(a.k.a. “bridge”) your funds between networks through exchanges like Bybit, or through bridge DApps like Jumper.
📄 How to be eligible
- Transfer your funds from Solana/Ethereum/etc to Hyperliquid’s HyperEVM chain using deBridge
- Select any coin/token to swap from, then pick HYPE on HyperEVM on the receiving end
- Once the funds have arrived, open HyperSwap, then swap the HYPE for feUSD (leave a tiny bit of HYPE for gas fees! also, you earn points for the HyperSwap DEX)
- Go to the Felix website
- Under Earn, deposit your FEUSD on the HYPE or UBTC stability pool
- Hope for the best!
Feel free to use the borrow feature as well, just make sure you know what you’re doing!
📝 Quick notes
- The Hyperliquid foundation still has around 40% of the total HYPE supply reserved for “future incentives” — you might be eligible for the next Hyperliquid airdrop(if there is one) if you use HyperEVM platforms such as Felix
- For questions, you can join Felix’s Discord/Telegram channel
- Always remember — airdrops are never guaranteed with any platform
🚀 Author’s notes
I’m personally very bullish on Hyperliquid, and Felix is one of the main platforms on the HyperEVM chain currently.
Happy farming!