On August 13, in response to the HLP yield approaching zero, Hyperliquid founder Jeff stated on social media that in the next network upgrade, HLP will begin to automatically rebalance underutilized USDC to its lending sub-strategy. Jeff mentioned that the portfolio margin and borrowing/lending operations have reached production scale, having been tested in practice and supporting a considerable Total Value Locked (TVL), with demand continuing to grow. Additionally, the order book liquidity has matured to a certain extent, making HLP's liquidity no longer necessary in large-scale scenarios. Therefore, in the next network upgrade, HLP will start to automatically rebalance underutilized USDC to the lending sub-strategy.
All Comments