Introducing Aviya - Institutional Credit on Hyperliquid.
Aviya is a private, compliance gated credit venue built on Hyperliquid, designed to extend structured credit access to institutional participants.
The platform facilitates bilateral, fixed-rate financing, initially against HYPE collateral, with a roadmap to expand into additional asset classes over time.
As capital allocators increasingly engage with on-chain markets, access to predictable, structured credit becomes a requirement. Aviya is designed to meet this demand by offering a more controlled alternative to fully permissionless lending systems, while still leveraging the efficiency and settlement advantages of Hyperliquid’s infrastructure.
We view Aviya as a core component in the development of HyperLend as the credit layer of the Hyperliquid ecosystem, enabling capital formation, leverage, and structured financing across both native and future tokenized assets such as equities, commodities, fixed-income instruments and even the likes tokenised pre-IPO companies.
Over time, Aviya will serve as a gateway for institutional credit into emerging on-chain markets, including real-world and tokenized financial assets.
We are also pleased to deepen our collaboration with @HyperionDeFi, working together on institutional business development and capital formation.
Aviya represents a continued step toward integrating credit natively into the broader Hyperliquid financial system.
gLend.
New HPL Market: HPL/USDC
With USDH slowly winding down its deployment a new market has been deployed on Hyperliquid pairing HPL with USDC. The majority of HPL liquidity will be moved over to this market, making it the trading venue with the deepest liquidity for HPL at this time.
The HPL/USDH market on Hyperliquid will remain available for the forseeable future, with a plan to sunset and transition full liquidity support to the USDC pair over time.
Sunsetting USDH on HyperLend
In light of todays announcement that USDH will begin winding down operations on Hyperliquid we have made the decision to begin the process of sunsetting USDH borrowing and lending on HyperLend.
Within 48 hours users will no longer be able to supply or borrow further USDH on HyperLend as we look to wind down and eventually close this market. We encourage our users to be proactive in repaying any USDH loans they hold.
@nativemarkets have been a pleasure to work with and a positive force in the Hyperliquid ecosystem and we wish the team all the best moving forward.
As in all things DeFi, Hyperliquid will win in the end.
gLend.
"HyperLend exits Q1 2026 as the leading lending venue in the Hyperliquid ecosystem"
Hyperliquid's Credit Layer continues to establish itself as a core piece of the house of all finance.
Read the full report from @Blockworks below.
HyperLend has completed it's upgrade to Aave v3.6 as per our agreement with the Aave DAO.
The v3.6 upgrade centres around e-mode, allowing the protocol to offer more optionality to its users in this mode in the future. This upgrade also includes multiple security hardening measures, making the protocol more resilient.
HyperLend is committed to continual renewal and improvement of our protocol, working with Block Analitica (@BlockAnalitica) to ensure user safety is paramount. We conducted two audits, one with Pashov (@PashovAuditGrp) and one with an independent auditor, before scheduling the upgrade. We then instituted a 7-day timelock and review period, during which the code became eligible for our mainnet bug bounty program of $250k.
HyperLiquid's Credit Layer remains stronger than ever.
gLend
In light of recent events, we at HyperLend want to extend our sincere support to those affected, these are truly difficult times, and our DMs are always open if anyone wants to talk.
HyperLend had no exposure and all flows have continued processing smoothly. If you have any concerns whatsoever, please don't hesitate to reach out, we're happy to walk you through everything. Enjoy the rest of your Sunday, HL fam.
How I designed HyperLend 2.0 ..
For the last 2 years my team & I have been tracking user behavior and gathering important information in order to optimize your experience using our app.
Rather than just copying protocols that came before us we dove into the data, using our years of ux research to piece together an app that shows you all the information you want and need as a user.
We focused on three key pillars, working to make the app faster, smoother and cleaner. With these pillars in mind we’ve made HyperLend easier than ever to integrate into your daily rotation.
HyperLend now allows users to track their HyperCore balance live in our app, with data updated every second. We believe credit is part of every core piece of the house of finance, so you shouldn’t have to leave the credit layer to view the rest of the house.
As always, please let me know if you have any feedback on our design, the optimising never finishes 🫡
gMeow
HyperLend's USDC borrow curve will also be changing, with borrow rates forecast to drop approximately 1.2%.
Learn more about E-Mode Here:
https://t.co/rNS8bzkeBa
Credit is now even more efficient on HyperLend.
With newly readjusted LTV's across the protocol users can access the credit layer of Hyperliquid at even better rates, utilising deep liquidity to borrow HYPE, USDC, kHYPE, uBTC and more.
Readjusted LTV's mean E-Mode is even more effective, with borrowing against correlated assets becoming cheaper than ever. With E-Mode active HyperLend now offers the highest LTV on HYPE and its core LST's available.
Looping kHYPE has never looked this good.
gLend.
FULL CONVERSATION with Ness, Co-Founder of HyperLend.
– HyperLend wants TradFi credit onchain
– Hyperliquid may be chasing Nasdaq
– Private credit could change unit economics
– $HPL & staking rebates favor real platform users
– Tokenized assets could expand demand
Today we unveil the next phase of HyperLend’s product rollout, HPL token staking.
HPL Staking is designed to further enhance HyperLend as the credit layer of Hyperliquid. A key part of functioning as this layer is working to offer the cheapest borrow rates possible.
This is why we’re introducing Stake and Save with HPL.
Stake and Save is a Fee Rebate product designed for borrowers. Fee rebates will be presented to users as cheaper borrow rates, allowing users to borrow for less. HPL staking rebates are based on a curve, with users able to access progressively larger rebates as they scale up the amount of HPL they have locked up. The more you borrow, the more you are saving, with a ceiling applied at a certain size of borrow. With initial parameters set HyperLend users will be able to borrow against their HYPE with almost 0 borrow rate.
Stake and Save is the first utility we are bringing to the HPL token as we look to continually innovate on how a token can further enhance the credit layer of Hyperliquid.
gLend and happy staking.