Hyperdrive

💵 Stablecoins have become the backbone of crypto. Traders use them as safe havens, but for many holders they simply sit idle in wallets, earning nothing. On the other side, borrowing has often felt too complex, reserved only for DeFi veterans. Hyperdrive changes this dynamic.

⚡ Built on Hyperliquid’s HyperEVM, Hyperdrive introduces a money market where stablecoins and $HYPE tokens can be supplied, borrowed, or staked through simple vaults. Deposits generate yield, and borrowers can access liquidity without selling their assets. Anyone can start earning with a deposit, while more advanced users can borrow and leverage liquid staking strategies.

🏆 To make things even more rewarding, Hyperdrive has launched a mainnet points program. Every action—supplying, borrowing, or inviting others—earns points that count towards a potential Airdrop post-TGE. Some vaults even feature multipliers, scaling rewards further.

About Hyperdrive

At its core, Hyperdrive is a decentralized money market designed to make lending and borrowing both simple and capital-efficient. Instead of exposing users to fragmented pools or complex strategies, it relies on isolated vaults where assets are supplied as liquidity, used as collateral, and staked under transparent parameters.

Risk control is handled through on-chain oracles, collateral ratios, and automatic liquidation systems, as detailed in the Hyperdrive documentation. This ensures that yields and borrowing opportunities remain sustainable without compromising platform safety.

In May 2025, Hyperdrive raised $6M in Series A funding led by Hack VC and Arrington Capital, alongside other major firms. The round also included angel investors such as Will Price and Taiki Maeda, underscoring strong confidence in Hyperdrive’s model and long-term vision for DeFi.