HypurrFi
Abandoned HyperEVM lending protocol — team communication stopped in April and no rewards remain; exit any position
Farming Overview
Key Statistics
How to Farm HypurrFi
- Exit any deposit or USDXL debt to Euler Prime/Yield — ~$6.2M is still sitting in an abandoned protocol
- Do not open new positions — the Jul 15, 2026 closure date has passed and team communication stopped in April
- No points or rewards are accruing, so leverage loops here now carry risk with no upside
Why Farm HypurrFi?
- ~$40M TVL ($67M+ including isolated markets) — top lending protocol on HyperEVM alongside HyperLend
- USDXL is HyperEVM's native synthetic dollar backed by US Treasuries — no points are earned on it any more, and open debt should be unwound
- 100M points distributed weekly through sMEW — early adopters tracked retroactively before points were displayed
- No token confirmed yet but points follow standard airdrop playbook on Hyperliquid ($4.5B TVL ecosystem)
- Built on audited Aave v3 (pooled) and Fraxlend (isolated) — battle-tested foundations
- Dual-earning: deposit HYPE to borrow USDXL, deploy into KittenSwap/HyperSwap for simultaneous multi-protocol points
About HypurrFi
HypurrFi is a leveraged lending and borrowing protocol on HyperEVM, combining Aave v3 pooled markets with Fraxlend isolated markets. Its signature product is USDXL, an overcollateralized synthetic stablecoin backed by native HyperEVM assets and US Treasuries. It was built for leverage loops and multi-protocol point farming, but the program has ended — no points accrue and team communication stopped in April 2026.
Similar DeFi Protocols
Frequently Asked Questions
What is HypurrFi and how does it work?
HypurrFi is a leveraged lending and borrowing protocol on HyperEVM, combining Aave v3 pooled markets with Fraxlend isolated markets. Its signature product is USDXL, an overcollateralized synthetic stablecoin backed by native HyperEVM assets and US Treasuries. It was built for leverage loops and multi-protocol point farming, but the program has ended — no points accrue and team communication stopped in April 2026.
How do I farm the HypurrFi airdrop?
To farm the HypurrFi airdrop, you should: Exit any deposit or USDXL debt to Euler Prime/Yield — ~$6.2M is still sitting in an abandoned protocol. Do not open new positions — the Jul 15, 2026 closure date has passed and team communication stopped in April. No points or rewards are accruing, so leverage loops here now carry risk with no upside. HypurrFi is currently in the concluded farming stage with speculative airdrop status.
What is the expected value of the HypurrFi airdrop?
The HypurrFi airdrop has an expected value rating of 1 out of 5 ($). The farming stage is concluded and the airdrop status is speculative. Expected value ratings on The Farmers Market consider factors like protocol TVL, funding, team quality, and token economics.
Why should I farm HypurrFi?
~$40M TVL ($67M+ including isolated markets) — top lending protocol on HyperEVM alongside HyperLend USDXL is HyperEVM's native synthetic dollar backed by US Treasuries — no points are earned on it any more, and open debt should be unwound 100M points distributed weekly through sMEW — early adopters tracked retroactively before points were displayed