Felix

Modern financial account, powered by stablecoins

[Felix @felixprotocol]

Tokenized stocks and ETFs are now live on Felix

On-chain traders no longer have to off-ramp funds to gain exposure to US capital markets. Additionally, Felix users now have the ability to trade tokenized stocks/ETFs in large order sizes without the steep execution costs that have plagued on-chain adoption up until now (Example: Buy $1M in GOOGL on Felix with a net execution cost less than 10bps today).

Trade over 250 different assets now: https://t.co/tWR45uSgF1

Not available in the U.S. and other prohibited jurisdictions.

[Felix @felixprotocol]

As part of the USDH sunset, Felix will be deprecating both USDH vaults on Felix Vanilla. Users should repay any open USDH borrow positions and transition supplied and borrowed USDH to USDC.

Users can convert their outstanding USDH balances to USDC through the HyperCore USDH/USDC order book, or via @AcrossProtocol 1:1 with no fees. USDC lending on Felix is currently yielding 5.81%.

USDH Flagship and USDH Frontier vaults will be removed from the Felix frontend on Friday, June 12. Users are encouraged to shift to USDC lending and borrowing on Felix before then or contact our team with any concerns.

[Felix @felixprotocol]

51% funding for $MRVL on @HyperliquidX

Farm the funding rate using spot MRVL on Felix

[Felix @felixprotocol]

Spot $MRVL live now on Felix: https://t.co/UbPKAwcI9q

[Felix @felixprotocol]

Spot $MRVL live now on Felix: https://t.co/UbPKAwcI9q

[Polymarket @Polymarket]

JUST IN: Marvell stock soars +25% after Jensen Huang hailed it as “the next trillion dollar company”

[Felix @felixprotocol]

Spot $IBM fully on-chain.

Now trade up to $500,000 per market order with less than 0.15% in slippage.

Trade IBM here: https://t.co/1alrbsmEDI

[Citrini @citrini]

I don’t care if IBM is up six thousand percent at the open tomorrow, I’m not making this mistake again.

[Felix @felixprotocol]

South Korea spot ETF exposure fully on-chain

Trade spot $EWY here: https://t.co/FsChViYYfX

[The Kobeissi Letter @KobeissiLetter]

BREAKING: South Korea's stock market rises to a fresh record high, now up +101% in 2026, as AI stocks surge.

[Felix @felixprotocol]

111% funding rate on $GME right now.

Buy spot GME on Felix and short the GME perp on @HyperliquidX to earn a 55.5% APY on your funds.

Spot GME available here: https://t.co/42Mmn5gBde

[Felix @felixprotocol]

Since May 8th, user 0xAB..205c has traded $1.38M of spot $MU on Felix. They’re currently holding 362.34 MU ($326,106) at an average entry of $752.59.

With Micron surging at $900 (at the time of writing), they're sitting on a ~$53K unrealized gain (+19.6%).

No risk of liquidation, no need to offramp. Trade spot $MU on-chain at https://t.co/9khUTlxfel

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Micron, $MU, surges +7% at the open, now up nearly +1,500% in 13 months as its market cap nears $1.1 trillion.

The stock was worth just $70 billion in April 2025.

[Felix @felixprotocol]

Learn more about spot equities on Felix here: https://t.co/6efPSFY06h

[Felix @felixprotocol]

Nvidia’s earnings report will be available today after market close. Users can trade Nvidia’s earnings with Nasdaq-level execution costs, up to $1,500,000 per spot market order, with USDC on Felix

$NVDA spot available now: https://t.co/30yvdhHxEs

[Brew Markets @brewmarkets]

Nvidia, the world's most valuable company, reports earnings on Wednesday.

[Felix @felixprotocol]

Best performing asset since the launch of spot equities on Felix: INTC

INTC has had a run up of roughly +204% since the start of 2026 and a rise of +155% since Felix spot equities launched 7 weeks ago (March 26)

Trade INTC and 264 more spot equities: https://t.co/2zfOo5x17S

[Felix @felixprotocol]

Notice on sunsetting Felix USDH-denominated HIP-3 markets will be shared in a future post; for now, they remain active. USDH deposits on Felix Vanilla are unchanged, and users can continue to lend USDH while USDH is live if they choose.

Users are encouraged to change USDH borrow and lend positions to USDC—users can swap USDH for USDC on the HyperCore spot orderbook linked below. Timeline on USDH Frontier and USDH Flagship vault sunsets will be shared in a tweet, Discord post, and Telegram announcement soon.

For more information on zero-fee USDH redemption options, visit https://t.co/IgA8kKims7

https://t.co/Tj4znLrugn

[Native Markets @nativemarkets]

https://t.co/MSiNolwYLW

[Felix @felixprotocol]

Last week, user 0xCA...d5a opened a $1M $NOW position onchain via Felix spot equities

User 0xCA...d5a was able to open up their $1M position on ServiceNow ($NOW) in less than 10 minutes for only 0.08% more than what is would cost through their offchain brokerage account

Benefits of this: they did not have to go through the tedious process of offramping and transferring funds into their brokerage account. Instead, they were able to quickly open up their $1M position on Felix without incurring FX costs, prolonged settlement times, or restrictions on withdrawal amounts

Trade $NOW and 264 other spot equities: https://t.co/S4qZhwaiNc

[Felix @felixprotocol]

What are the key benefits of the Felix spot equities RFQ architecture? One is driving costs down for users who want to buy stocks onchain.

As an example, today, user 0x0Db…33E6 bought $100,000 of spot Nvidia (NVDA) and $100,000 of spot Taiwan Semiconductor Manufacturing (TSM) fully onchain via Felix. Right now, each of those trades would have a net execution cost of 10.6 bps and 11.1bps respectively: no more 200bps added slippage when buying spot equities onchain.

Tx hashes:
>0x69f5db529ce47f9c09cc4a13dfec4dec1747d5d2a59b05afa81fd2fca34ed69b
>0x617e36446d38c0951a8747784aff7d39996a65223e514ce4f4da45f96c54f4d0

Trade equities here: https://t.co/1G0UIVWJpk

[Felix @felixprotocol]

74% APY AMD funding arb available now

Buy AMD spot on Felix. Short AMD perp on @HyperliquidX

Delta neutral equities funding rate arbs unlocked

[Felix @felixprotocol]

Spot STRC is now live on Felix. STRC investors on Felix have economic exposure to the current 11.50% annualized dividend for Strategy’s preferred stock.

Access STRC now at https://t.co/Q01qBwzEGP

[Charlie @0xBroze]

Seems many DeFi participants (both retail and institutional) are unsure how to assess lending protocol risk when looking for yield onchain and selecting among available protocols. This creates unnecessary panic (granted times of needed panic certainly still exist in DeFi). But to help avoid some of the unnecessary panic scenarios, here is a brief breakdown of a typical 4 step risk assessment most sophisticated DeFi lenders use today, with @felixprotocol Vanilla as an example:

Let's assume a panic is breaking out across DeFi, and you want to know whether your funds are safe now + will be safe over the days to come. Some steps:

1- Ensure this isn't a @Morpho protocol exploit as Felix Vanilla is built on Morpho (Morpho audit history here: https://t.co/N4MNDeTURX)

2- If interacting with https://t.co/DASFvccn8W, ensure there hasn't been a frontend compromise by using a tx simulator like that available in Rabby Wallet to confirm the contracts you're interacting with (if about to execute a tx) are indeed the official contracts and not a malicious contract you're about to interact with via a frontend exploit

3- Review what vault you're lending to. Was it USDH Frontier? If so, visit https://t.co/dcvtsVWn0O and review the collateral markets the USDH Frontier vault is lending to. Has one of these collateral assets been compromised? If no issue with #1, no issue with #2, no issue with the collateral markets being supplied to (and not a personal private key leak), your funds are likely safe and the panic is unwarranted. Still good to review exactly what collateral assets you're lending to before submitting a deposit, the utilization of each, and the security of each asset by checking their respective audit reports as well. Just part of DeFi lending DD

4- But if panic is still sweeping across DeFi, and you're concerned utilization of the vault you're lending to is going to remain near 100% due to high withdrawal rates + you need your capital soon, check HyperEVMScan to see recent withdrawal and deposit data. From this, you can assess whether the withdrawals are recurring from many addresses or one whale + the velocity of withdrawals. Example for USDH Frontier vault: https://t.co/AXyUlfRQzM

The power of Felix Vanilla / Morpho is the risk segmentation available across vaults. A lender to USDH Frontier is not by default exposed to USDT0 Frontier collateral markets. This makes the underwriting process much more straightforward for lenders, looking to avoid the pain of pooled risk. So you can take more aspects of DeFi risk into your control. Feel free to DM if in need of further risk help

[Felix @felixprotocol]

Spot oil exposure fully onchain

Trade here: https://t.co/dPXWI6VWyf

[Polymarket @Polymarket]

JUST IN: Oil is now projected to surge back above $100 a barrel this month, as peace talks with Iran stall.

51% chance. https://t.co/fxIpcZ1ZJt

[Felix @felixprotocol]

Spot equities earnings on Felix this week — Apr 21–24

Aerospace & Defense
>GE Aerospace | $GE | Apr 21 | BMO
>RTX Corp | $RTX | Apr 21 | BMO
>Northrop Grumman | $NOC | Apr 21 | BMO
>Boeing | $BA | Apr 22 | BMO
>Lockheed Martin | $LMT | Apr 23 | BMO

Big Tech & AI
>Google | $GOOGL | Apr 22 | AMC
>Microsoft | $MSFT | Apr 22 | AMC
>Meta Platforms | $META | Apr 22 | AMC
>Tesla | $TSLA | Apr 22 | AMC
>IBM | $IBM | Apr 22 | AMC
>ServiceNow | $NOW | Apr 22 | AMC
>Apple | $AAPL | Apr 23 | AMC

Semiconductors
>Texas Instruments | $TXN | Apr 22 | AMC
>Lam Research | $LRCX | Apr 22 | AMC
>Intel | $INTC | Apr 23 | AMC
>KLA Corp | $KLAC | Apr 23 | AMC

Industrials & Infrastructure
>Vertiv | $VRT | Apr 22 | BMO
>AT&T | $T | Apr 22 | BMO
>Union Pacific | $UNP | Apr 23 | BMO

Healthcare
>UnitedHealth | $UNH | Apr 21 | BMO
>Thermo Fisher Scientific | $TMO | Apr 23 | BMO
>Financials
>Capital One | $COF | Apr 21 | AMC
>American Express | $AXP | Apr 23 | BMO

Mining & Materials
>Freeport-McMoRan | $FCX | Apr 23 | BMO
>Newmont | $NEM | Apr 23 | AMC

Energy
>NextEra Energy | $NEE | Apr 23 | BMO

Consumer Staples
>Procter & Gamble | $PG | Apr 24 | BMO

Trade all earnings at https://t.co/tWR45uSgF1

[Charlie @0xBroze]

Felix has no exposure to rsETH

Over the past day, lenders across DeFi have been withdrawing liquidity out of 1) fear of rsETH exposure and 2) overall concern with DeFi protocol security. To address both concerns briefly: 1) Again, Felix has no rsETH exposure and 2) Felix Vanilla is built with @Morpho's infrastructure; this allows us to inherit Morpho’s smart contract security and risk-isolated design, so Felix vaults only have exposure to the specific markets they lend to (e.g. If another curator on Morpho lends to rsETH collateral, this does not lead to negative impact on Felix lenders)

Some current supply rates on Felix for those interested:
>USDH Flagship: 19.01% ($4m USDH supplied)
>USDH Frontier: 23.97% ($11m USDH supplied)
>USDC Flagship: 11.31% ($31m USDC supplied)
>USDC Frontier: 24.48% ($18m USDC supplied)

These rates will likely be arbed down in the days to come as lenders enter to take advantage, realizing Felix has no rsETH exposure, and borrowers repay freeing up more available liquidity. For more information on who is currently withdrawing to create these high supply rates / whether this is one large whale or a number of addresses, check the four links below from HyperEVMScan for each Felix vault mentioned above—TLDR: withdrawals from these vaults have been spread across a number of different addresses, not one address.

>USDH Flagship: https://t.co/AvcuWG5IYd
>USDH Frontier: https://t.co/AXyUlfRQzM
>USDC Flagship: https://t.co/6WWyGkwf8G
>USDC Frontier: https://t.co/yvvnlPjy0Q

For those less aware, "Frontier" vaults and "Flagship" vaults lend to different collateral markets (Frontier vaults tend to lend to higher max LTV collateral markets--higher risk + higher return). To see all current collateral exposure for each vault on Felix, check out: https://t.co/dcvtsVWn0O

For more risk metrics across Felix vaults, feel free to check out our internal risk monitoring platform here: https://t.co/d1RKMQF3Jc

If you have questions on Felix's risk practices, how we build with Morpho, current collateral exposure, how we price collateral, how Flagship vs Frontier vaults differ, etc, feel free to DM me