Turn HyperEVM collateral into borrowable liquidity. Borrow USH against wstHYPE, WHYPE, beHYPE, kHYPE, UETH, LHYPE, UBTC, and USOL. USH LPs earn PEG. vePEG voters direct emissions. app.hyperstable.xyz

After a turbulent period of volatility, Hyperstable held its peg perfectly and borrowing rates have now normalized at 16%. Fresh liquidity is available for users ready to borrow. Our points campaign is still active and every action continues to count!

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Daddy’s home. USH/USDC pool just landed on Curve! app.hyperstable.xyz/earn

beHYPE is now live as a core asset on Hyperstable! beHYPE is @hyperbeat's liquid staking token for HYPE, built in collaboration with @ether_fi. Users can now borrow USH against their beHYPE, with a peg-based variable interest rate of around 5% and a minimum Health Factor requirement of 1.3.

𝗧𝗵𝗶𝘀 𝘄𝗲𝗲𝗸 𝘄𝗲'𝗿𝗲 𝗽𝘂𝘀𝗵𝗶𝗻𝗴 𝘁𝗼 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻: - beHYPE in core borrow - USH/USDC liquidity pool - bbHLP/USH market - Enso swap integration - Haiku zap integration - Etherfi card integration - Easy borrow mode in dashboard - LHYPE & wHLP direct mint feature - Interest rate statistics in analytics - Liquidation buffer statistics in analytics - Hyperstable dot com - 𝗣𝗼𝗶𝗻𝘁𝘀

The ticker is $USH, because the D is implied.

With $USH now slightly above peg, the peg-based interest rate has been tested and stabilized. Borrowers can expect the rate to decline gradually over the next few hours as Hyperstable maintains peg alignment.

Borrowers in Hyperstable's core markets pay a peg-based interest rate. When $USH trades below peg, the rate rises gradually, and vice versa. The "pegrate" in Hyperstable's core markets is constrained by 5-15% guardrails, updated hourly with a 0.25% adjustment coefficient.