AI TRENDS | HyperLend CEO Says Platform Will Not Exit Market After Hyperliquid Update

HyperLend co-founder and CEO ness.hl said the platform will not leave the market after questions emerged about whether it had become outdated following a Hyperliquid update. According to Foresight News, he said Hyperliquid's launch of portfolio margin and its own lending feature was a natural development, but Hyperliquid and HyperLend are separate products with different strengths and use cases. He said HyperLend's credit business is more efficient and already supports borrowing against multiple crypto assets, with plans to add stocks, commodities, and other collateral types. He added that the team's next focus is Aviya, an institutional business line aimed at high-end clients in compliant environments, offering fixed-rate on-chain credit based on the same codebase as HyperLend. ness.hl said HyperLend has generated more than $2 billion in loan volume since launch, and Aviya will expand into a broader range of collateral, including high-yield bonds and securities. He stressed that HyperLend has not disappeared, and said the team's goals remain unchanged as it increases investment and expands the business.