@intake.base.eth
$xHYPE
You can mint 1 $xHYPE with 1 $USDH, and this effectively wraps your delta neutral position into a single token.
Trying to build and maintain this position on your own is difficult. It is hard to manage safely, and without tokenization you cannot stack additional DeFi Legos on top.
The value of xHYPE increases based on funding yield.
The actual yield varies with funding rates, but you can improve returns further through LPing or by using kHYPE via @liminalmoney.
This is a product that only Hyperliquid can enable.
If you have idle stablecoins, convert them into a tokenized yield position.
(Watch the funding rate. Even in bear markets, there is always something to harvest)
✓ It only has 75% left.
https://liminal.money/join/INTAKE