Hyperliquid recorded $269 million in loans on the first day after launching its manual borrowing feature.
Photo: Crypto Briefing
Decentralized exchange protocol Hyperliquid launched a manual borrowing feature on September 18, 2026. The new functionality allows users to secure loans in USDC or USDT by providing HYPE or BTC as collateral.
On the first day of the feature's availability, the platform recorded a total borrowing volume of $269 million. This initial activity highlights significant user interest in the protocol's native lending and borrowing tools.
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