The stablecoin money market for Hyperliquid
Hyperdrive is a multi-functional DeFi protocol built on Hyperliquid's HyperEVM. Hyperdrive's core product is its stablecoin money market, which creates multiple opportunities for our users. Earn yield on stablecoin deposits, access one-click yield strategies such as the leveraged HLP vault, use your crypto assets as collateral for borrowing, and more.
đź“‹Â Requirements
- Ethereum wallet
- Some funds
You can transfer(a.k.a. “bridge”) your funds between networks through bridge DApps like deBridge .
đź“„Â How to be eligible
Bridging your funds to the HyperEVM
- Transfer your funds from Solana/Ethereum/etc to the HyperEVM chain using deBridge
- Select any coin/token to swap from, then pick HYPE on HyperEVM on the receiving end
- Wait for one or a few minutes, and your funds should arrive
Using Hyperdrive
- Head over to Hyperdrive
- Choose your vault of choice(USDe/USDT0/HYPE/etc) then click on Deposit
NOTE: you can swap HyperEVM tokens using
Hyperswap
- Hope for the best!
📝 Quick notes
- The Hyperliquid foundation has around 40% of the total HYPE supply reserved for “future incentives” — using Hyperliquid eco platforms might be one of the ways to be eligible
- Always remember — airdrops are never guaranteed with any platform
🚀 Author’s notes
I’m personally very bullish on Hyperliquid. Nuff said.
Happy farming!