Debt Swaps: You deposit your $BTC so you don't have to sell it You borrow $USDXL to LP and earn silly @HyperliquidX evm APR If USDXL borrow rate goes to 20%, Atomically swap USDXL debt to $USDT 0 debt Now you're paying 6%. Onchain funds need this to maximize their profit.
Debt Swap is now live in the UI.
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