Felix has activated the third round of $USDC incentives on its kHYPE/USDC market (77% max LTV). Rewards go to both $USDC lenders and borrowers.
The new incentive round extends Felix's ongoing rewards program across its lending products on HyperEVM.
Felix went live with Morpho V2 vaults, upgrading from its existing V1 vaults, which remain live and active during the migration process. The switch brings benefits from V2's architecture, with the full scope detailed in the announcement.
Felix has launched EOA mode for its spot equities, letting users trade and hold shares onchain directly in their own externally-owned-account (EOA) wallets instead of the embedded account system.
Traders now own their spot positions directly onchain rather than through Felix's hosted accounts.
Felix launched its Vanilla variable-rate money markets (built on Morpho), complementing the CDP product and enabling direct borrow/lend of assets like HYPE, UBTC, and USDhl.
Felix launched its public mainnet on HyperEVM as a licensed Liquity V2 fork, letting users mint the feUSD stablecoin against crypto collateral with an initial 5M mint cap.
Felix was introduced as a decentralized borrowing protocol on Hyperliquid's testnet, undergoing smart-contract audits from firms Dedaub and Coinspect ahead of its mainnet launch.
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