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What is HypurrFi?

HypurrFi is a leveraged lending marketplace for clean leverage loops on Hyperliquid.

It is also the home of $USDXL on Hyperliquid. USDXL is a forthcoming hybrid backed stablecoin where protocol revenue is used to acquire yield bearing assets as additional protocol security.

Use HypurrFi and USDXL to loop into levered lending positions for hyperaccelerated yield while maintaining your spot positions on Hyperliquid native assets including HYPE and stHYPE.

What sets HypurrFi apart is the continual allocation of protocol profits to bolster a large, productive reserve of tokenized U.S. Treasuries (UST) for $USDXL. The UST Reserve acts as an emergency backstop, yield stabilizer, and long-term revenue generator, leading to a more liquid and secure USDXL stablecoin for use in Hyperliquid DeFi, cross-chain, and in traditional marketplaces.

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Why HypurrFi Works

Earn on HypurrFi by depositing HYPE, stHYPE, stables, and other assets to a lending market. Borrowers pay a rate to access these assets.

Acquire more HYPE or stHYPE and deposit to HypurrFi again to leverage long while keeping your spot HYPE position exposure.

Purrfect mechanisms motivate more than buy-and-hold or sell strategies, rather, they get at the heart of what makes financial systems last, cashflow (catflow).

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The Secret is Cashflow (catflow)

Token economies work when they are active economies. Value must flow, not merely remain stagnant. This is a core principle of finance. Some assets hold value, but in order to grow, those with capital must invest or lend it to those with growth potential. This creates cashflow towards growth vectors, which generates its own cashflow to send value back to the initial source with additional returns.

HypurrFi provides incentives for those with capital to lend it out, and use it as collateral to mint USDXL stablecoin for use across other value-generating Hyperliquid finance. Catflow makes yield go purrrrrr.

Generating cashflow isn’t only about generating yield for HypurrFi, kittens, HypurrFi is part of an onchain economy, therefore, HypurrFi offers yield on other assets important to the Hyperliquid DeFi ecosystem, and incentivizes USDXL minting and stablecoin liquidity to take back out to DeFi to deepen and give scritches to DeFi across the chain.

Security