POPA ReconHyperliquid Opens Manual Borrows on HyperCore
Hyperliquid Opens Manual Borrows on HyperCore Hyperliquid has switched on manual borrowing across HyperCore, its native onchain money market, with roughly $269 million in assets already drawn since the feature went live. HyperCore runs the lending book directly inside Hyperliquid's exchange layer, not as a separate HyperEVM smart contract. Users on Portfolio Margin, the platform's most capital-efficient account type, can supply eligible assets into a reserve to earn interest and borrow stablecoin reserves against the collateral they post. Stablecoin borrow rates follow a utilization curve th…
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