Borrow against xHYPE
Teller pools accept xHYPE, the staked form of HYPE, as collateral on HyperEVM at up to 25% LTV, lending USDT at 15% APR. The staking position behind the token continues while the pool holds it. Every loan is fixed-term with no margin-call, so a price fall during the loan cannot liquidate your collateral.
| Collateral | Network | LTV | APR |
|---|---|---|---|
| xHYPE | HyperEVM | 25% | 15% |
Pool data read . Rates and LTVs are set per pool and change when operators change them.
Staked HYPE, kept staked while it backs a loan
HyperEVM gives HYPE holders two ways onto the platform. WHYPE is the plain wrapper, and xHYPE at 0xac962fa04bf91b7fd0dc0c5c32414e0ce3c51e03 is the staked form, with about 5,732,504 tokens in issue.
The difference matters when you deposit. Wrapping HYPE and depositing it means the balance sits in a pool doing nothing for the term. Depositing the staked form means the staking position behind it carries on while the pool holds the token, so the collateral keeps working.
The trade-offs that come with it
A staking wrapper adds the staking design itself to what you are exposed to: validator performance, and whatever unbonding rules apply if you ever want the underlying back rather than the token. Those sit underneath the loan and the loan does not change them.
The pool takes the token at face value and prices its market behaviour, which is the same thing it does for every other row. It takes no view on the staking arrangement behind it.
Terms, and what you receive
The pool clears 25% of collateral value at 15% APR. HyperEVM pools lend USDT rather than the USDC most networks here lend, which is the detail to check before you sign if you were expecting dollars in a particular form.
These pools add a 2% marketplace fee on top of the quoted rate. Interest is charged for the days you hold the loan, so a 30-day term costs about a twelfth of the annual figure.
Every loan is fixed-term with no margin-call, so a price fall during the loan cannot liquidate your collateral. Miss the due date and the collateral is forfeit. The HyperEVM page covers the rest of the chain.
Frequently asked questions
WHYPE is the plain wrapper and xHYPE is the staked form. Depositing the staked form means the staking position carries on while the pool holds the token, where a wrapped balance sits idle for the term.
USDT. HyperEVM pools lend USDT rather than the USDC most other networks here lend, so check before you sign if you expected dollars in a particular form.
The staking design itself: validator performance, and whatever unbonding rules apply to getting the underlying back. Those sit underneath the loan, and the pool takes no view on them.
About 5,732,504 at the last reading. Call totalSupply on 0xac962fa04bf91b7fd0dc0c5c32414e0ce3c51e03 for the current figure.
A 2% marketplace fee on top of the quoted rate. Interest is charged for the days you hold the loan, so a 30-day term costs about a twelfth of the annual figure.
Open a loan
Connect a wallet, deposit your collateral, and borrow a stablecoin. No credit check, no application.
Go to the borrow tab →No collateral to pledge? Check whether you pre-qualify for a no-collateral personal loan. Soft check, no hard pull.