HyperLend
HPLHyperLend: An efficient lending protocol on Hyperliquid
Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.41% | 2.67% | 48.55% | 31.03% | 39.39% | 33.09% |
Revenue & Burn
Protocol income
$25.43KBuyback funds
--Burn funds
--Buyback ratio
--Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Nov 2026 | $25.43K | -- | -- | -- |
| Oct 2026 | $63.92K | -- | -- | -- |
| Sep 2026 | $199.62K | -- | -- | -- |
| Aug 2026 | $111.76K | -- | -- | -- |
| Jul 2026 | $104.86K | -- | -- | -- |
| Jun 2026 | $100.71K | -- | -- | -- |
Comparison
Fundraising
Tokenomics
Unlock Progress
Data source: CoinMarketCap
Follow Updates
Follow Lists
People
About HyperLend
HyperLend is an overcollateralised lending protocol on HyperEVM modelled on Aave v3, split between pooled core markets and isolated markets. Core markets cover HYPE, liquid staking receipts and stablecoins, while isolated markets price long-tail assets separately without polluting overall risk; HyperLoop provides leveraged staking, ERC-4626 vaults bridge collateral into HyperCore to serve as contract margin, and rates float with utilisation. It solves the problem that HYPE holders must leave the chain to lever up or borrow stablecoins, keeping collateral, borrowing and contract margin inside one ecosystem and removing the timing and counterparty risk of a bridge.
In March 2026 Hyperion DeFi launched a private lending pool built by HyperLend on HyperEVM; on 15 May the USDH market was closed with deposits and withdrawals halted on 17 May; by September total value locked was about USD 323 million, down from roughly USD 460 million mid-year. Collateral is heavily concentrated in the HYPE ecosystem, so price moves affect borrowing capacity and liquidation thresholds at once, and a single asset's volatility can transmit into system-wide stress.
Milestone: On May 22 HyperLend launched Aviya, an institutional credit platform offering bilateral fixed-rate financing initially collateralized by HYPE, deepening its collaboration with Hyperion.
Incentives: On May 16 it announced an additional 150M points for active users on top of the initial 300M, with boosts for participants staking on hypurr.co validators; the same day it said USDH lending would be phased out within 48 hours.
HyperLend launched its native token HPL on January 20, 2026 and announced a $1.7 million seed round led by RockawayX, with total value locked ( TVL ) reaching $492 million, establishing it as a leading peer-to-peer lending market in the Hyperliquid ecosystem.
Through 2026 HyperLend shipped isolated lending markets and a dynamic interest-rate model, integrating more HyperEVM-native assets to broaden collateral and liquidity supply.
Future strategy and roadmap: Looking ahead, HyperLend will extend cross-chain lending and institutional-grade collateral support, advance HPL governance and fee-sharing, and build out a fuller money-market infrastructure around the Hyperliquid ecosystem.
Benjamin Sever — Co-founder & CEO; Slovenian, runs day-to-day operations and the team, and leads the institutional credit venue Aviya Finance.
F.B. — Co-founder & CTO; eight years in blockchain and four in Solidity, responsible for smart contracts and system architecture.