Hyperliquid launches manual lending against HYPE and BTC collateral
- —LTV: 65% for HYPE and 50% for BTC
- —Liquidation thresholds at 82.5% and 75% respectively
- —Collateral earns no interest, while deposited stablecoins do
- —The rate depends on utilization and accrues hourly
Why it matters: It expands Hyperliquid's lending functionality and demand for HYPE as collateral, intensifying competition with DeFi protocols.
Source: PANews