Hypurr.fi

Hypurr. fi (HypurrFi) is a lending and borrowing protocol built natively on HyperEVM, Hyperliquid's EVM-compatible execution environment. It allows users to supply Hyperliquid-native assets as collateral to earn yield and borrow against those positions, including the ability to mint USDXL—a synthetic dollar denominated in U.

Lending and borrowing protocols are essential infrastructure on Hyperliquid, unlocking capital efficiency by allowing users to borrow against staked assets and perp positions. Hypurr.fi contributes to this category where protocols enable recursive yield strategies — stake HYPE, deposit LSTs as collateral, borrow stablecoins, and redeploy. The unified state between HyperCore and HyperEVM makes Hyperliquid lending uniquely capital-efficient.