As HYPE went on a run over the past month we witnessed all sorts of user behaviour on HyperLend. Whales rebalanced, users took profits and some people of course just stacked more HYPE. One day as I was watching all of these movements happen I was looking at our internal HPL Staking dashboard and I realised just how much our users were saving through volatility due to their HPL Stakes. I was trying to put a name to this pattern over the past week in Singapore and as I was chatting to people there I realised that HPL staking aligns very closely with a model we see in the Institutional world. Introducing- HPL Staking as Rate Insurance Think about it like this, HPL staking is paid out as a rebate of borrow cost. This means that to benefit from it you have to be an active borrower on HyperLend, paying out Interest on your position consistently over time. As a borrower your key exposure is interest rates, if you borrow stables they set your hurdle rate that you need to beat as you deploy the stables elsewhere, if you're looping they determine how profitable your spot leverage can be. Rates stay low, great, rates go up, less great. HPL staking is an intentionally simple model. Users make an upfront purchase, just like paying an insurance premium, and from then on they receive rebates. When rates spike HPL rebates spike proportionately, ensuring that when market conditions change, or large users rebalance you as the user will always be paying a significant amount less interest than a user who does not stake HPL. To make things even better, when rates are low HPL continues to pay out a rebate, offsetting costs and pretty comfortably paying for the cost of the position in most well managed uses. TradFi uses Insurance to offset risk in all sorts of positions, so why wouldn't you use that tool when borrowing against your hard earned positions?

HyperLend Labs has made the strategic decision to acquire 5,017,336.42 hyperlend:native in an OTC transaction. These tokens will be sent to the HyperLend Strategic Fund, removing 1.25% of circulating supply from public circulation.

One of my favourite lowkey strategies on HyperLend is using LSTs to effectively lower your borrow costs by quite a substantive amount. Let's say you're holding $1 Mill in HYPE. If you chose to deposit it as kHYPE into HyperLend you keep your staking rate, which averages around 2% APR, around $20k a year. Then, you decide you need some liquidity, so you decide to take out a $500,000 USDC loan. USDC currently costs ~7.5% APR to borrow, annualising out to ~$35k a year in interest. By transitioning into an LST and using the staking interest accrued to offset your borrow cost you now have a loan of $500,000 at the effective borrow cost of $17,500 a year, or 3.5% APR. gLend.

Hey everyone, I'm long overdue for a response to the recent Hyperliquid updates, and judging by the number of DMs I've gotten, a lot of people are still wondering whether it's over for HyperLend. I can say confidently that we're not going anywhere. Once portfolio margin went live on Hyperliquid, it was always going to make sense for them to eventually enable borrowing for other purposes and deploy that themselves. Hyperliquid is Hyperliquid and HyperLend is HyperLend. Both have their pros and cons, and both are built for specific use cases. HyperLend's credit venue is far more efficient, and it already enables borrowing against a wide range of collateral types: crypto assets today, equities and commodities soon. The next big thing for us is Aviya, our institutional arm, built for white-glove service in a compliant environment. It offers fixed-rate on-chain credit running on the same codebase as HyperLend, which has originated $2B+ in loans since deployment. Aviya extends that to an even wider range of collateral, including high-yield bonds and securities. So no, HyperLend isn't dead. The mission is the same. We're doubling down and going bigger. gLend.

If you're ever wondering where all the HYPE is on HyperEVM, it's all coming home to HyperLend. Shoutout to @hl_eco for their brilliant visualisations on their new HyperEVM explorer. gLend.

From June 1 to July 22, supply grew by $30.1M and borrow by $30.4M; a marginal absorption ratio of 1.01. Every dollar of new supply is matched by a dollar of new borrowing within days. gLend.

From a small hungry team just trying to carve out a place in the Hyperliquid eco to a small hungry team who've firmly established ourselves as the main lending protocol on HyperEVM, I'm very proud to have $100 Mill in USDC deposited in HyperLend. gLend.

IMPORTANT: USDH clients on HyperLend, repay your loans immediately. Wallets: - 0xbd17b21e43eedfb178f7808fc6d4d442092d2fcb - 0xace552e6c73683bb5bd8ab742b771054caf4d08f - 0xdb491112c99f82807c37029b2e46c0aedbaab599 - 0x25acf1a4207a5efcc3b3c6c46e3a14499fc6ae4a - 0x5c2590e979de02630338d3572246924ac0d2b0a5 - 0x4311196566b28005e486fe5b0d43b7641fdced25

HyperLend users hold almost 30% of all kHYPE, stacking points and accessing credit against their stack. Want the cheapest kHYPE/HYPE loop on the EVM? Looking to borrow stables with size? You know where to look. Just put the kHYPE into HyperLend. gLend.

In light of recent events, we at HyperLend want to extend our sincere support to those affected, these are truly difficult times, and our DMs are always open if anyone wants to talk. HyperLend had no exposure and all flows have continued processing smoothly. If you have any concerns whatsoever, please don't hesitate to reach out, we're happy to walk you through everything. Enjoy the rest of your Sunday, HL fam.