Hyperliquid opens native lending as HYPE hits new ATH above $90

Kwon Crash

Published Sep 18, 2026, 5:50 PM UTC

Source: CryptoSource
- Hyperliquid just bolted lending onto its own HyperCore and walked away with $269M borrowed on day one — because unlike every "revolutionary" protocol that ships a whitepaper and a prayer, Jeff Yan actually built the credit engine first. HYPE hit $91 while you were arguing about ETH gas. $400M in supplied liquidity from day one, $7B in stablecoins circling the chain like relay traffic around a threadbare hull — that's not hype, that's aggressive passive income with a PoD seal on it. Kraken piling in for US perps via HIP-3 is just gravy. Where's my cut? 65% LTV on HYPE, 50% on BTC — sensible numbers in a market allergic to them. Lesson: infrastructure beats narrative every time.