HyperLend is a revolutionary digital asset lending platform that aims to enhance efficiency in lending and borrowing cryptocurrencies. We use Hyperliquid's EVM Blockchain to perform financial services with maximum security, transparency, and liquidity.
Our goal is to democratize access to financial resources and further strengthen the Hyperliquid ecosystem, offering compatibility with other DeFi platforms. We have created an infrastructure that enables us to capture any type of coin with the right risk parameters, ensuring flexibility and broad asset support for our users.
HyperLend Guide
1. Dashboard
The Dashboard in HyperLend offers a comprehensive overview of your lending and borrowing activities. Here's what you can find:
- Health Factor Indicator: Displays your account’s health to help manage risk. It shows your borrowing power relative to the value of your collateral.
- Net Worth: Displays the current value of your portfolio, including collateral supplied and assets borrowed.
- Positions Summary:
- Collateral Deposited: A bar chart showing the amount and types of assets you’ve deposited as collateral.
- Borrowed Assets: A similar chart indicating the borrowed assets.
- Supplied Assets Table: Details about the assets you've supplied, including balance, value, APR, and collateral usage status.
- Borrowed Assets Table: Information on your borrowed assets, displaying the balance, value, and the applicable APR.
2. Markets
The Marketplace provides an overview of available assets for lending and borrowing:
- Asset List: View key data points for each asset available on HyperLend, including:
- Total Supplied and Total Borrowed: Shows the total value of assets in the market.
- Supply APY and Borrow APY: The interest rates for lending and borrowing assets.
- Available Liquidity: Amount of each asset that is currently available for new loans.
- Collateral & LTV (Loan-to-Value): Determines if an asset can be used as collateral and the maximum borrowing power it provides.
- Supply/Borrow Buttons: Easy access to lending or borrowing specific assets with clear action buttons.
3. Explorer
HyperLend’s Explorer provides transparency over the HyperLiquid network's financial activity. Explore detailed transaction data:
- Transaction Tracking: Follow the history of transactions, including supplies, borrowings, and repayments.
- User Activity: Monitor specific wallet addresses to view their transaction history and asset positions.
- Token Information: Each token page gives a breakdown of supply data, borrowing activity, and historical performance.
- Data Visualization: Access visual charts for historical data, such as asset utilization rates and market supply growth over time.
4. Faucet
The Faucet allows you to access test assets on the HyperLiquid testnet:
- Available Assets: Claim 0.1 mBTC and 1 ETH to use on the platform for testing.
- Instructions: Simply navigate to the Faucet section, connect your wallet, and click to receive test assets.
5. Asset Details Page
1When you click on a specific asset in the Markets section, you’ll see detailed information for that asset. The page is divided into several sections:
Overview Section
- Reserves: Shows the current amount of the asset in reserves on the platform.
- Price: Displays the latest market price for the asset.
- Liquidity: Indicates the total liquidity available for this asset, which represents the funds that can be borrowed.
- Utilization Rate: Shows the percentage of the asset currently borrowed out of the total available supply.
Supply Info
- Supply APY Graph: A visual chart showing the historical APY trends over different time periods (30 days, 6 months, 1 year).
- Key Metrics:
- Total Supply (Asset): Total amount of the asset supplied on the platform.
- Total Supply (USD): Equivalent value of the supplied asset in USD.
- APY: The current annual percentage yield for supplying this asset.
- LTV (Loan-to-Value): Indicates the maximum borrowing power of this asset when used as collateral.
Supply/Borrow/Withdraw/Repay Interface
On the right-hand side, there is an interactive panel with the following options:
- Supply: Allows you to deposit the asset as collateral.
- Collateral Toggle: Option to use the supplied asset as collateral for borrowing.
- Supplying Input: Field to specify the amount you want to supply.
- Suppliable Amount: Displays the amount of the asset that you can supply.
- Total APY: Reflects the interest you’ll earn based on the amount supplied.
- Daily Earnings: Estimated daily returns based on the current APY.
- Withdraw: Interface to withdraw previously supplied assets.
- Borrow: Allows you to borrow against your collateral.
- Repay: Option to repay borrowed assets.