HypurrFi
Leveraged lending and borrowing protocol on HyperEVM with pooled and isolated markets, plus USDXL overcollateralized stablecoin
Farming Overview
Key Statistics
How to Farm HypurrFi
- Deposit HYPE, kHYPE, stHYPE, or stablecoins to earn points
- Borrow USDXL against collateral for leveraged positions
- Create leverage loops by depositing and re-borrowing
- Provide USDXL liquidity on KittenSwap for multi-protocol point stacking
- Supply to isolated markets for higher-risk/higher-reward opportunities
Why Farm HypurrFi?
- ~$40M TVL ($67M+ including isolated markets) — top lending protocol on HyperEVM alongside HyperLend
- USDXL is HyperEVM's native synthetic dollar backed by US Treasuries — minting earns points and creates leverage loops
- 100M points distributed weekly through sMEW — early adopters tracked retroactively before points were displayed
- No token confirmed yet but points follow standard airdrop playbook on Hyperliquid ($4.5B TVL ecosystem)
- Built on audited Aave v3 (pooled) and Fraxlend (isolated) — battle-tested foundations
- Dual-earning: deposit HYPE to borrow USDXL, deploy into KittenSwap/HyperSwap for simultaneous multi-protocol points
About HypurrFi
HypurrFi is a leveraged lending and borrowing protocol on HyperEVM, combining Aave v3 pooled markets with Fraxlend isolated markets. Its signature product is USDXL, an overcollateralized synthetic stablecoin backed by native HyperEVM assets and US Treasuries. The platform enables leverage loops and multi-protocol point farming across the Hyperliquid ecosystem.
Similar DeFi Protocols
Frequently Asked Questions
What is HypurrFi and how does it work?
HypurrFi is a leveraged lending and borrowing protocol on HyperEVM, combining Aave v3 pooled markets with Fraxlend isolated markets. Its signature product is USDXL, an overcollateralized synthetic stablecoin backed by native HyperEVM assets and US Treasuries. The platform enables leverage loops and multi-protocol point farming across the Hyperliquid ecosystem.
How do I farm the HypurrFi airdrop?
To farm the HypurrFi airdrop, you should: Deposit HYPE, kHYPE, stHYPE, or stablecoins to earn points. Borrow USDXL against collateral for leveraged positions. Create leverage loops by depositing and re-borrowing. Provide USDXL liquidity on KittenSwap for multi-protocol point stacking. HypurrFi is currently in the mid-early farming stage with farming active airdrop status.
What is the expected value of the HypurrFi airdrop?
The HypurrFi airdrop has an expected value rating of 3 out of 5 ($$$). The farming stage is mid-early and the airdrop status is farming active. Expected value ratings on The Farmers Market consider factors like protocol TVL, funding, team quality, and token economics.
Why should I farm HypurrFi?
~$40M TVL ($67M+ including isolated markets) — top lending protocol on HyperEVM alongside HyperLend USDXL is HyperEVM's native synthetic dollar backed by US Treasuries — minting earns points and creates leverage loops 100M points distributed weekly through sMEW — early adopters tracked retroactively before points were displayed