HyperLend’s resilient growth on Hyperliquid with loans rising 23.5% to $172.9M and deposits up 17.6% to $505.5M, outperforming a DeFi…

ahboyashreads (@ahboyashreads), May 13, 2026, 23:18 UTC

HyperLend’s resilient growth on Hyperliquid with loans rising 23.5% to $172.9M and deposits up 17.6% to $505.5M, outperforming a DeFi lending sector that contracted 20.4% The protocol maintained leadership in active credit on Hyperliquid with $172.6M loans, driven by 65% WHYPE-collateralized positions and a pooled model yielding wider net spreads despite revenue declining 44% to $418K HPL token staking launched March 18 and captured 11.4% of circulating supply in 13 days, activating a rebate flywheel funded by reserve factors, while management outlined expansion into institutional private cr…

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