Hyperliquid launches manual borrows with $269M borrowed day one

September 18, 2026

Hyperliquid has launched manual borrows, letting users supply $HYPE and $BTC as collateral to borrow $USDC and $USDT. The feature runs on the exchange's newer HyperCore lending infrastructure.

$269M was already borrowed on day one.
Borrowers pledge HYPE or BTC collateral to draw two of crypto's largest stablecoins.

Sources

NEW: @HyperliquidX launches manual borrows, letting users supply $HYPE and $BTC as collateral to borrow $USDC and $USDT, with $269M already borrowed on day one through its HyperCore lending infrastructure. https://t.co/RkKQ69nXKSx.com ↗

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Hyperliquid launches manual borrows with $269M borrowed day one — Outposts