Unlock Multi-Layered Yield with cmETH on HypurrFi

Have you tried out HypurrFi's isolated markets yet?

By depositing cmETH as collateral on the platform, you can borrow uETH against your cmETH collateral with up to 80% LTV and start stacking yields:

Collect HypurrFi points for both lending/borrowing activities
Earn 10x Powder points under Season 3: Methamorphosis
Native ETH staking yields (~3% APY)
Restaking rewards across EigenLayer, Karak, Symbiotic, and Veda

Deposit Here

In this guide, we’ll cover how HypurrFi works, how depositing cmETH unlocks multiple yield opportunities, and how to get started in a few simple steps.

What is HypurrFi?

HypurrFi is a leveraged lending marketplace built on Hyperliquid. At its core, it enables clean leverage loops, where you can supply assets as collateral and borrow against them to pursue additional yield or liquidity strategies.

Supply Assets, Earn Interest When you deposit assets like cmETH into HypurrFi, you start earning interest on your supplied collateral.
Borrow Against Collateral Borrowers pay an interest rate to access your supplied assets. That interest is distributed back to you as yield.
Growth-Vector Cashflow Loop HypurrFi channels yield into a compounding loop. As borrowers use leverage for farming, market-making, or liquidity, they generate fees that flow back to suppliers and USDXL holders. Over time, this creates a flywheel effect for participants who both supply and borrow.

Isolated Markets vs. Pooled Markets

HypurrFi offers two primary market architectures: pooled markets and isolated markets.

Pooled Markets All collateral types are combined into a single pool. You can deposit any supported asset, and your borrowing power is based on the total value of your collateral. Liquidity and risk are shared across all participants and asset types.
Isolated Markets Each isolated market pairs one collateral asset with one borrow asset per vault. In the cmETH-uETH isolated market, cmETH is the only accepted collateral, and uETH is the only asset you can borrow. Because each vault is isolated, the risk of under-collateralization is confined to that specific pair. Events affecting other collateral types cannot impact your position.

Step 1: Access the HypurrFi App

Start off by visiting the official HypurrFi App. Once you've connected your wallet to HyperEVM, navigate to the Markets section and click on Isolated Markets.

Step 2: Find the cmETH/uETH Pair

Scroll through the list until you find the "cmETH/uETH" pair, and click on it.

Step 3: Deposit cmETH

Navigate to the "Borrow" section where you may deposit your desired amount of cmETH. Once deposited, you should be eligible to begin borrowing uETH against your cmETH with up to 80% LTV.

Step 4: Check Dashboard