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Hyperliquid enables direct HYPE and BTC collateral borrowing

Hyperliquid said it will enable direct borrowing on its platform using HYPE or BTC collateral, after HYPE rose to record highs earlier in the session.

HYPEUSD

83 after the exchange said it would enable direct borrowing on its platform. 43 earlier in the session. Hyperliquid said users will be able to supply HYPE or BTC as collateral for loans, with 65% and 50% loan-to-value levels.