Felix
About
Unlock liquidity by leveraging your blue-chip assets and earn yield effortlessly with feUSD.
Felix Protocol: Borrow against blue-chip collateral and earn native yield with feUSD on HyperLiquid. Start your DeFi journey.
Use Cases
High-Leverage Trading
Traders can deposit blue-chip crypto as collateral to mint feUSD and gain highleverage for margin trading at low borrow costs.
Yield Farming
Users deposit feUSD into Stability Pools to earn native yield passively bysupporting market stability.
Stablecoin Borrowing and Lending
Participants can borrow or lend assets like HYPE, HUSD, or USDC with variableinterest rates through Vanilla Markets.
Leverage Looping for Enhanced Exposure
Crypto holders use the protocol to repeatedly borrow and re-deposit collateralto amplify their exposure safely.
Key Features
feUSD Stablecoin Functionality
- Allows users to mint feUSD by depositing cryptocurrencies as collateral.
- Operates on Hyperliquid L1.
- Aims to provide decentralized and permissionless access to a stablecoin.
- Offers DeFi lending, borrowing, and yield farming opportunities.
- Uses a CDP model to enhance capital potential without selling crypto assets.
Felix Protocol Features
- Offers native yield with feUSD on HyperLiquid.
- Provides access to DeFi lending, borrowing, and yield farming.
- Includes Frontier Vaults, a new lending feature that provides access to exotic collateral markets.
- Designed with an intuitive interface.
- A suite of on-chain borrowing and lending products.
(Co-founder)
Charlie
Website
usefelix.xyz
340M
TVL on Felix platform
100M
Stablecoins contributed to HyperEVM
