What is HypurrFi?
HypurrFi is a decentralized lending and borrowing protocol built on HyperEVM, a high-speed blockchain at the foundation of the Hyperliquid ecosystem.
Its core mission is to provide a robust debt infrastructure, offering users accelerated DeFi yield options, leverage, and access to a new breed of stablecoin—all while focusing on security and transparency.
Key differentiators include:
Leveraged lending and “clean leverage loops for yield optimization.
Central role in minting and supporting USDXL, an over-collateralized hybrid stablecoin.
Seamless integration with leading DeFi tools within the Hyperliquid universe.
How Does HypurrFi Work?
Core Mechanisms
Asset Deposits & Staking:
Users can deposit native assets including HYPE, stHYPE, and stablecoins like USDC to earn yield or use as collateral.
Some assets (like HYPE) offer bonus multipliers, increasing both yield and points for airdrop eligibility.
Borrowing & Leverage:
With deposited collateral, users can borrow USDXL or other supported tokens.
The platform supports advanced strategies such as yield loops—borrowing against staked assets to purchase more assets and restake or reinvest, thus compounding yield (“spot leverage”).
USDXL Stablecoin:
USDXL is a synthetic dollar, over-collateralized and partially backed by U.S. Treasuries.
Protocol profits are allocated to continually bolster a treasury reserve, providing a stabilizing backstop and additional yield to USDXL holders.
This helps maintain peg stability and increases user confidence.
Isolated Lending Markets:
Specialized pools for pairs of assets, each with custom risk controls (LTV, liquidation thresholds, price oracles), maximize efficiency and minimize systemic risk.
AI Buddy:
An integrated assistant trained on HypurrFi’s documentation, the AI Buddy helps users navigate platform features, understand DeFi strategies, and optimize their positions with ease.
Points System & Airdrop Details
How the Points System Works
Earn points by:
Depositing assets (2× points for HYPE)
Borrowing USDXL
Adding liquidity on HyperSwap (3× points)
Farming on integrated DeFi platforms (e.g., HyperSwap, KittenSwap)
Points are non-transferable but determine eligibility and share for both regular platform rewards and special events like airdrops.
Past & Future Airdrops
Genesis Airdrop:
On November 29, 2024, HypurrFi distributed 31% of its $HYPE supply to points-earning users.
Ongoing Emissions:
Nearly 39% of the total $HYPE supply is set aside for future airdrops and emissions, allocated based on activity and points.
The most effective way to maximize your share is to stay active, stake HYPE, and participate in all platform features—especially yield farming and liquidity provision.
How to Maximize Airdrop Eligibility
Continuously deposit and stake supported assets for yield and points
Engage in borrowing and leverage strategies
Participate in partner farming pools for extra points
Track your activity and announcements on HypurrFi’s X and Telegram channels.
Frequently Asked Questions (FAQ)
| Question | Answer |
| What is USDXL? | USDXL is HypurrFi’s native, over-collateralized hybrid stablecoin, partially backed by U.S. Treasuries |
| How is USDXL kept stable? | Protocol revenue is used to build a U.S. Treasury-backed reserve providing a safety net for the peg |
| What assets can I deposit? | HYPE, stHYPE, USDC, and other native cryptos supported on HyperEVM |
| How do I participate in an airdrop? | Use HypurrFi actively: deposit, borrow, lend, farm. Points earned determine your share of future rewards. |
| What’s the risk of liquidation? | Maintain a healthy loan-to-value (LTV) ratio. Falling below thresholds can trigger automatic liquidation. |
| What’s special about HypurrFi vs. legacy DeFi? | Hyper-fast, low-cost transactions, unique hybrid stablecoin, flexible leverage, and real-world asset backing. |
| Is my liquidity locked or custodial? | No. It’s decentralized and non-custodial—your keys, your coins. |
| Who secures HypurrFi’s smart contracts? | Utilizes audited contracts (e.g., Aave v3, Fraxlend), on-chain oracles (Pyth), and an open security module. |
| Is there an easy way to get support? | Yes—the in-app AI Buddy answers questions and provides guidance in real-time. |
Getting Started: Step-by-Step
1. Connect your HyperEVM-compatible wallet on HypurrFi.
2. Deposit supported assets—look for bonus point opportunities.
3. Borrow USDXL (or other assets) as needed.
4. Stake, add liquidity, and explore partner DeFi platforms.
5. Check your points and stay tuned for the next airdrop opportunity.
Pro Tip: Monitoring your LTV and platform news is essential for maximizing rewards while avoiding liquidations.
Stay engaged with HypurrFi to capitalize on the platform’s ongoing innovations, point multipliers, and airdrop opportunities—this is DeFi for active users, powered by Hyperliquid’s speed and HypurrFi’s yield mechanics.
