map · bluechip score · Lending

Hyperliquid lending protocols · SwanBluechip

Borrow against HYPE and bridged assets, supply for yield. HyperEVM lending stack — distinct from HL native vaults.

projects tracked

7/10

top score (HyperLend)

Strong+ tier

All Lending projects, ranked

HyperLend

Lending market on HyperEVM for HYPE, liquid staking tokens and bridged assets.

7/10 · Strong

HypurrFi

Lending and borrowing on HyperEVM with both pooled and isolated markets. Issues USDXL, a leverage-loop synthetic dollar backed by hybrid collateral.

7/10 · Strong

Questions

What is the best lending protocol on Hyperliquid?

HyperLend and HypurrFi are the top-rated lending markets, both Strong (7/10) on the SwanBluechip Score. HyperLend has more TVL and a 13-level referral structure; HypurrFi is positioned as the alternative with its own incentive program. Sentiment has wound down and is archived.

Can I borrow HYPE on Hyperliquid?

Yes — HyperLend and HypurrFi both support HYPE as collateral and borrowable asset, alongside wstHYPE, UBTC, and stablecoins.

What is the lending APY on Hyperliquid?

APYs vary with utilization. The /ecosystem/yields/ page tracks live APY per pool across all HL lending protocols sourced from DefiLlama.

Other categories

Trading Staking Yield & Vaults Stablecoins Infrastructure