HyperLend launches as first major lending market on HyperEVM

Hyperliquid/HyperEVM

HyperLend, the first major money market on HyperEVM, launched on mainnet. The protocol enables collateralized borrowing and lending on HyperEVM, with HPL staking activating March 18. By end of Q1 2026, HyperLend became the leading active credit market on Hyperliquid with $172.6M in loans outstanding.