Lending
HYPERMAX Lending
Overview
HYPERMAX Lending is a decentralized, non-custodial lending protocol deployed on HyperEVM. Forked from Compound v2, it enables users to lend, borrow, and mint stablecoins against onchain collateral—without giving up custody or exposure.
This system is built for one clear purpose: to unlock liquidity and leverage from SmartFund and HyperBond tokens. Just as traditional investors borrow against ETFs like the S&P 500, onchain investors can now borrow against fund tokens that represent structured, actively managed strategies.
What It Enables
Lend Deposit supported assets (e.g., USDC, xUSD) and earn variable interest from borrowers.
Borrow Use SmartFund tokens or other supported assets as collateral to borrow USDC, xUSD, or other tokens—without exiting your position.
Mint xUSD Access a decentralized stablecoin pegged to USDC and backed by collateralized debt positions—ideal for yield strategies and liquidity rotation.
Why It’s Built for SmartFund & HyperBond Users
SmartFunds represent diversified, managed exposure—similar to ETFs. HYPERMAX Lending allows users to:
Tap into idle value Borrow against SmartFund holdings while maintaining strategy exposure and yield.
Extend positions Loop exposure into other strategies without exiting the base layer.
Manage risk Hedge market movements or deleverage dynamically, without disrupting the core portfolio.
Core Features
Collateralized Borrowing
Supply SmartFund tokens or other supported assets as collateral.
Maintain full ownership while unlocking borrowable liquidity.
Interest rates adjust algorithmically based on supply/demand.
Efficient Liquidations
Risk parameters ensure protocol solvency (e.g., collateral factors, reserve ratios).
Liquidations are automatic and permissionless.
Borrowers are incentivized to maintain healthy positions.
xUSD Stablecoin
Mint xUSD, a decentralized stablecoin pegged 1:1 to USDC.
Backed by overcollateralized debt positions within HYPERMAX Lending.
Ideal for use across CLMM, LPs, or external DeFi protocols.
Real-Time Oracles
All collateral and borrowed assets are priced via trusted Chainlink or Hyperliquid-native oracles.
Ensures accurate valuations and fair liquidations.
Supported Use Cases
Yield-on-Yield
Borrow xUSD against HFY, deposit into LPs or other strategies
Hedging
Borrow stables to short market exposure while holding fund tokens
DeFi Liquidity Rotation
Free up capital without exiting positions—move between protocols
Stablecoin Minting
Use HFY or BFY to mint xUSD for trading or liquidity provisioning
Last updated