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Felix - DeFi Dapps - Lancers Web3 Explorer

Felix

Free

Decentralized CDPs

Felix is a borrowing and savings protocol on Hyperliquid built around its own stablecoin.

Hyperliquid

About Felix

Felix is a synthetic dollar protocol on Hyperliquid L1 that lets users borrow against collateral and hold the proceeds as a stablecoin.

Its USDhl token is built for the Hyperliquid ecosystem as a base layer for HIP-3 markets, FX and payments.

Felix Vaults lend deposited assets through Morpho vaults so idle balances still earn interest.

A native stablecoin issued against local collateral reduces a chain's dependence on bridged dollars.

Mint and Borrow feUSD With Felix
Guides users through depositing HYPE or UBTC collateral, borrowing feUSD and managing liquidation risk.
TutorialFelix
Earn feUSD Yield in Felix Stability Pools
Explains Felix's stability pools, borrower interest and liquidation proceeds for feUSD depositors.
ExplainerFelix