Felix Launches Frontier Vaults for Higher Yield Stablecoin Lending
Felix Launches Frontier Vaults for Higher Yield Stablecoin Lending
🚀 Frontier Vaults Just Dropped
Felix Vanilla introduces Frontier Vaults, a new offering for stablecoin lenders seeking higher yields through more exotic collateral markets. Key updates:
- New collateral options including UETH, hwHLP, and WHLP
- Increased LTV of 77% for kHYPE and HYPE (up from 62.5%)
- Support for hbUSDT and PT-hbUSDT looping strategies
- Risk-segmented lending pools via Morpho protocol
Felix Vanilla has already attracted $550M in deposits, primarily used for:
- Looping on various HYPE-related assets
- Borrowing for perps trading
- DeFi farming activities
Visit Felix Vanilla to explore the new Frontier Vaults.
Introducing Felix Frontier On Hyperliquid, stablecoin holders are hungry for new ways to generate yield. The primary venues for this thus far have been lending, the basis trade, and HLP As a part of Felix Vanilla, we are now rolling out Frontier Vaults, which offer higher yield
Felix Vanilla has crossed $550M in deposits. Users are utilizing Felix Vanilla to power a number of key activities: ∙ Loop on kHYPE, kHYPE PTs, and stHYPE ∙ Loop on yield bearing dollar assets like hwHLP and wHLP ∙ Borrow stables to unlock perps trading against HYPE / UBTC
kHYPE PTs are now live on Felix Vanilla for looping and stablecoin borrowing. What are kHYPE PTs? kHYPE PTs allow kHYPE users to buy kHYPE at a discount relative to the market price which can then be thought of as a fixed yield in kHYPE terms. This is ideal for users who want to
