
Hyperdrive
A stablecoin money market on Hyperliquid where users supply and borrow USDC, USDe, USDH, USDhl, and HYPE.

What is Hyperdrive?
Hyperdrive is a stablecoin money market on Hyperliquid where users supply USDC, USDe, USDH, USDhl, and HYPE to earn lending APY, or borrow against them. The protocol also runs a HYPE liquid-staking token, leveraged HLP positions for HyperCore exposure, and one-click yield strategies built on top of its lending markets.
Web3 dapps and developer tools related to Hyperdrive
Discover blockchain applications that are frequently used with Hyperdrive.
Developer resources from Alchemy

Best infrastructure for agentic payments: a 2026 comparison
Compare the best infrastructure for agentic payments: how Alchemy, Coinbase CDP, Circle, Crossmint, Privy, and Turnkey handle agent wallets, x402, and gas.

What is x402? The payment protocol for AI agents and onchain APIs
x402 is an open protocol that embeds crypto payments into HTTP, letting AI agents pay for API calls in real time: no API keys, no subscriptions, no billing dashboards.

How Valantis built a reliable trading experience on Hyperliquid
After moving HyperEVM RPC calls from a self-hosted node to Alchemy’s HyperEVM Node, Valantis reports 100% successful RPC requests and a more dependable foundation for trading.
Hyperdrive alternatives
Explore web3 competitors and apps like Hyperdrive.
App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

