The Farmers Market

HyperLend

DeFi Token Live $

Lending and borrowing protocol on Hyperliquid with competitive rates and yield opportunities

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Farming Overview

Farming Stage Concluded
Chain Hyperliquid
Type Lending & Borrowing
Token HPL (Live)
Collateral Multiple assets
Status Farming Concluded
Fees Competitive rates

Key Statistics

Network Hyperliquid
Protocol Type Lending & Borrowing
Launch Status Active
Points Program Live

How to Farm HyperLend

  1. Supply assets to lending pools to earn interest and points
  2. Borrow against your collateral for leveraged trading strategies
  3. Participate in liquidity mining programs for bonus rewards
  4. Build referral network to earn commission on referee activity
  5. Stake protocol tokens for governance and additional yield

Why Farm HyperLend?

  • HPL token is live since February 2026 — farming has concluded but token is tradeable
  • First lending protocol on Hyperliquid — captured early DeFi infrastructure demand
  • $1.7M raised with 31.7% circulating supply at launch — lean tokenomics
  • 30% ecosystem allocation ensures ongoing incentives for protocol growth
  • Core Hyperliquid DeFi primitive — composable with perp trading strategies

About HyperLend

HyperLend is a decentralized lending and borrowing protocol built on Hyperliquid, enabling users to supply assets to earn yield while borrowers can access capital for leveraged trading strategies. The protocol features competitive interest rates, multiple collateral types, and an active points program rewarding early participants.

Fee Structure

Supply APY Variable — market-driven rates
Borrow APY Variable — utilization-based curve
Protocol Fee Percentage of interest spread
Liquidation Penalty 5-10% depending on asset
Flash Loan Fee 0.09% per transaction

Points Program

  • HyperLend Points accrued based on total value supplied and borrowed over time
  • Both lending and borrowing activity earned points — higher utilization meant more rewards
  • Early depositors received boosted point multipliers during launch period
  • Referral system provided bonus points for onboarding new users
  • Points converted to HPL token allocation at TGE (January 2026)

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Frequently Asked Questions

What is HyperLend and how does it work?

HyperLend is a decentralized lending and borrowing protocol built on Hyperliquid, enabling users to supply assets to earn yield while borrowers can access capital for leveraged trading strategies. The protocol features competitive interest rates, multiple collateral types, and an active points program rewarding early participants.

How do I farm the HyperLend airdrop?

To farm the HyperLend airdrop, you should: Supply assets to lending pools to earn interest and points. Borrow against your collateral for leveraged trading strategies. Participate in liquidity mining programs for bonus rewards. Build referral network to earn commission on referee activity. HyperLend is currently in the concluded farming stage with token live airdrop status.

What is the expected value of the HyperLend airdrop?

The HyperLend airdrop has an expected value rating of 1 out of 5 ($). The farming stage is concluded and the airdrop status is token live. Expected value ratings on The Farmers Market consider factors like protocol TVL, funding, team quality, and token economics.

Why should I farm HyperLend?

HPL token is live since February 2026 — farming has concluded but token is tradeable First lending protocol on Hyperliquid — captured early DeFi infrastructure demand $1.7M raised with 31.7% circulating supply at launch — lean tokenomics