Felix Protocol

The People’s Stablecoin. Felix is a Hyperliquid-native CDP protocol offering coin margin to Hyperliquid power users. Licensed Liquity V2 Fork.

Save, borrow, and earn yield with feUSD on @HyperliquidX.

Introducing feUSD:
‍feUSD is the cornerstone of the Felix DeFi suite. It enables users to borrow against majors (ETH, BTC, HYPE, etc.) and unlock liquidity for more use cases. Given its unique CDP architecture, Felix can offer the best rates for borrowers. feUSD itself serves as a censorship-resistant stablecoin complete with sustainable native yield.

Security and risk management come first:
‍We have received an exclusive license from Liquity AG for the right to repurpose and deploy @liquityprotocol V2 on HyperEVM. This allows us to build off of their existing work and come to market with a thoroughly audited product.
Furthermore, we are working closely with security & risk partners @threesigmaxyz @anthiasxyz and actively conducting early testing with the power users at @hyperactive_cap

We’re excited to share more soon.