Risk segmentation has always been a key value prop of Felix Vanilla built with @MorphoLabs infra
With Felix Frontier and growing asset diversity coming to HyperEVM, lenders will now finally be able to begin expressing risk preferences across HyperEVM money markets and taking advantage of higher yields
Will you venture to the Frontier, anon?
Introducing Felix Frontier
On Hyperliquid, stablecoin holders are hungry for new ways to generate yield. The primary venues for this thus far have been lending, the basis trade, and HLP
As a part of Felix Vanilla, we are now rolling out Frontier Vaults, which offer higher yield options for stablecoin lenders. Frontier Vaults are newer Morpho lending pools that allocate to more exotic collateral markets - this allows us to segment risk while providing more optionality for lenders. Currently, Frontier Vaults lend to UETH, hwHLP, and WHLP collateral
Soon Felix Vanilla will introduce collateral options for hbUSDT, PT-hbUSDT, kHYPE at a 77% LTV, and HYPE at a 77% LTV (compared to 62.5% LTV for both of these assets from the Flagship vaults)
Users will now be able to achieve better capital efficiency borrowing against kHYPE and HYPE collateral as well as begin looping hbUSDT and PT-hbUSDT on Felix Vanilla to run leveraged looping strategies. Lenders willing to lend to more “risk-on” collateral markets as determined by our risk team will be able to earn higher yield over time
Welcome to the Frontier:
2.11K
34
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.