Lending · Review
ActiveHypurrFi Pooled Review 2026: Hyperliquid Lending and Card
HypurrFi Pooled is a lending market on Hyperliquid that lets users supply assets for yield, borrow against collateral and loop positions. It sits inside a wider app with perps trading and a crypto credit card, and carries standard lending and liquidation risks.
By the DappsAtlas editorial team · Updated
DappsAtlas score
6.8/10
Good
Our verdict on HypurrFi Pooled
6.8/10HypurrFi Pooled suits experienced DeFi users on Hyperliquid who want to earn on stablecoins, borrow against collateral or loop positions. Its main strength is a connected stack of lending, vaults, trading and a collateral-backed card. The main caveat is risk: variable yields, liquidation exposure, a small TVL and limited public detail on audits, fees and card terms. Read the docs and start small.
Score breakdown
How HypurrFi Pooled scores
- Security
- 6.3/10
- Ease of use
- 7.0/10
- Fees
- n/a
- Features
- 7.5/10
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is HypurrFi Pooled?
HypurrFi Pooled is a DeFi lending market on Hyperliquid, listed since February 2025. Users can supply assets to earn interest, borrow against collateral, and loop positions to lever up yield. DefiLlama shows about 5 million USD in total value locked, with two audits listed.
The lending market is one part of a larger HypurrFi app. The homepage pitches trading of perps and spot markets, earning through lending markets and vaults, and a credit card that spends against crypto collateral. It also offers services to token issuers who want lending markets, DEX liquidity or Hyperliquid listings.
The team says it has shipped products at Aave, Kraken, Chainlink and SwissBorg, among others, and names Robot Ventures as a backer. It lists Euler Labs, Pyth and Redstone among collaborators. Individual team members are not named on the homepage.
How HypurrFi Pooled works
HypurrFi Pooled is a pooled lending market. Depositors supply assets to a shared pool and earn interest paid by borrowers. Borrowers lock collateral and can borrow other assets up to a limit set by the market. If collateral value drops too far, positions can be liquidated to repay the debt.
Looping means borrowing against a deposit, swapping the borrowed asset for more of the deposit, and repeating. This raises yield exposure but also magnifies losses and liquidation risk. The protocol describes this as a way to loop and lever up yield.
The broader HypurrFi app connects lending to other products. The credit card draws a loan from a user's collateralized position when they pay a merchant, and the trading side gives access to Hyperliquid perps and spot markets with integrated capital from lending markets.
7 features
Key features
01
Pooled lending markets
Supply assets to pooled markets to earn interest, or post them as collateral to borrow other assets.
02
Yield vaults
Automated vaults let users earn on major tokens, stablecoins and long-tail assets without managing positions by hand.
03
Looping and leverage
The protocol describes looping and levering yield positions by borrowing against deposited collateral.
04
Crypto credit card
A credit card that spends by borrowing from collateralized positions in real time, with no off-ramp or top-up step.
05
Perps and spot trading
The wider app offers perps and spot trading, including crypto and tokenized equity perps, with HIP-3 listed and HIP-4 marked coming soon.
06
Listing and liquidity services
Issuers can ask for help with lending market launches, boosted DEX liquidity, Hyperliquid spot and perps listings, and white-label trading terminals.
07
Developer resources
Blog posts cover USDXL, a position-backed CDP stablecoin, and building on the protocol with AI coding agents.
Pros and cons
What we like
- Combines lending, vaults, trading and a credit card in one app on Hyperliquid.
- Two audits are listed by DefiLlama.
- Supports looping for users who want leveraged yield exposure.
- Card spends against collateral, so users avoid selling crypto.
- Named backer and collaborators with known infrastructure such as Pyth and Redstone.
- Markets cover major tokens, stablecoins and long-tail assets.
Watch out for
- Smart-contract risk applies to lending pools, vaults and leveraged looping positions, and no audit details are given on the homepage.
- Borrowing against collateral exposes users to liquidation if prices fall, and card spending draws on those same positions.
- Advertised APYs such as USDH 11.5% and USDC 7.5% are variable and not guaranteed.
- TVL of about 5 million USD is modest compared with the largest lending markets.
- The protocol runs only on Hyperliquid, so users depend on that chain's health and bridges.
- Fee schedules, card terms and card availability by region are not published on the homepage.
HypurrFi Pooled fees
Fee details are not published on the homepage. Lending users normally face a spread between borrow and supply rates, plus a possible reserve factor taken by the protocol. These would be shown in the app's market pages.
Card fees, interest on card spending and any trading fees are not stated either. Check the app and the dev docs before depositing or applying for the card.
Is HypurrFi Pooled safe?
DefiLlama lists two audits, but the homepage does not name the auditors or link to reports. The project does not publish a licence or regulatory status on the homepage. Lending is non-custodial in the usual sense, so funds sit in smart contracts rather than with a company, which brings smart-contract and oracle risk.
Liquidation is the main user-level risk, especially for looped positions and for card spending that draws on collateral. The card likely involves a regulated issuing partner and identity checks, but these details are not published. Hyperliquid itself is an additional dependency. No incidents are mentioned.
6 steps
How to get started with HypurrFi Pooled
- 1
Confirm that DeFi lending and the card service are available in your country.
- 2
Set up a wallet that works with Hyperliquid and bridge or deposit assets you want to supply.
- 3
Open the app and review the current APYs, collateral factors and borrow rates for each market.
- 4
Supply an asset to a market or vault, or deposit collateral if you want to borrow.
- 5
Keep borrowing well below the limit and monitor your health factor to avoid liquidation.
- 6
Read the dev docs and any audit reports before using looping or the credit card.
Who HypurrFi Pooled is for
HypurrFi Pooled is for DeFi users already on Hyperliquid who want lending yield, borrowing or leveraged looping, and for those interested in spending against crypto without selling it. Token issuers seeking lending markets or liquidity on Hyperliquid are also a target audience. Beginners should be cautious about leverage and liquidation.
HypurrFi Pooled FAQs
What is HypurrFi Pooled?
HypurrFi Pooled is a pooled lending market on Hyperliquid. Users supply assets to earn interest or post collateral to borrow, and can loop positions to increase yield exposure.
How do you earn yield on HypurrFi?
Users supply assets to lending markets and automated vaults. The homepage showed APYs of 11.5% for USDH and 7.5% for USDC, but these rates are variable and change with market demand.
How does the HypurrFi credit card work?
The homepage describes a card that borrows directly from a user's collateralized positions in real time as they spend, so crypto does not have to be sold first. It cites acceptance at over 100 million merchants. Terms, limits and eligibility are not published on the homepage.
Has HypurrFi been audited?
DefiLlama lists two audits for the protocol, but the homepage does not name the auditors or link to reports. Audits reduce but do not remove smart-contract risk, so check the dev docs for the reports.
Does HypurrFi have a token?
The protocol lists no native token on DefiLlama, and none is named on the homepage.
Can I be liquidated?
Yes. Borrowing against collateral carries liquidation risk if the collateral value falls or debt grows too large. Looping increases that risk because positions are leveraged.
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How we checked
Sources
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