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Hyperliquid launches manual borrows using HYPE or BTC collateral

Hyperliquid launched manual borrows, letting users post HYPE or BTC as collateral to borrow USDC or USDT. Supplied and borrowed quote assets earn interest at rates set by utilization in the new market.

HYPEUSD

Hyperliquid has launched manual borrows, a lending feature that lets users post HYPE or BTC as collateral to borrow USDC or USDT. Supplied and borrowed quote assets earn interest, with rates determined by utilization in the new market. The feature adds a credit layer to the platform's existing trading system.