HyperLend Co-founder States It Will Not Exit the Market and Will Support Stock and Other Collateral Types

HyperLend co-founder and CEO ness.hl stated that HyperLend will not exit the market, responding to questions about whether HyperLend is becoming obsolete. He pointed out that after the launch of the portfolio margin feature on Hyperliquid, the lending function of HyperLend is a reasonable evolution, with both being independent products serving different scenarios. HyperLend's credit business is more efficient and currently supports various crypto assets as collateral for loans, with plans to support stocks, commodities, and other types of collateral in the future. The team's next focus will be on the institutional business line, Aviya, aimed at high-end clients in a compliant environment, providing fixed-rate on-chain credit. Since its launch, HyperLend has generated over $2 billion in loan volume, and Aviya will expand to include a wider range of collateral types such as high-yield bonds and securities. ness.hl emphasized that HyperLend is not dead; the team's goals remain unchanged, and they will increase investment and further expand the business scale.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.