Flash News
Founder of Hyperliquid: Next HLP upgrade will automatically balance idle USDC to the lending sub-strate
On 13 August, in response to the near-zero rate of return on HLP, Jeff, founder of Hyperliquid, indicated in social media on 13 August that HLP would begin to automatically rebalance underutilized USDC to a lending sub-strategy in the next network upgrade. Jeff states that the portfolio bond and lending/lending operations have reached production scale, have been tested in practice and have supported significant TVL (total locked value) and demand has continued to grow. In addition, order book liquidity has matured to a certain extent and HLP mobility is no longer necessary in a large-scale scenario. Therefore, in the next upgrade of the network, HLP will begin to automatically rebalance the underutilized USDC to the lending sub-strate。
