HyperLend Partners with Pendle for Fixed Yield Options on HYPE Token

馃幆 Fixed or Variable Yield?

By HyperLend
Aug 18, 2025, 2:58 PM
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HyperLend introduces a new yield mechanism in partnership with Pendle.​ Users can now:

  • Supply HYPE to receive hHYPE tokens
  • Use hHYPE in Pendle markets for fixed APY (~14%)
  • Split hHYPE into Principal Tokens (PT) and Yield Tokens (YT)
  • Choose between fixed rates or variable yield exposure

Key Features:

  • Capital remains in HyperLend generating base yield
  • Forward curve creation enables advanced yield strategies
  • Multiple term options (1,3,6 months)

Important Note: hHYPE transferred to Pendle cannot be used as HyperLend collateral.​

Current fixed APY rates around 14% (subject to market conditions)

Sources

HyperLend 脳 Pendle: Fixed yield on your HYPE When you supply HYPE on HyperLend, you receive hHYPE, a transferable ERC-20 receipt that represents your claim on the underlying HYPE in HyperLend. That receipt is your bridge to yield opportunity. Move hHYPE to Pendle markets, where

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