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.

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.