Hypezion Finance is a Hyperliquid-native DeFi protocol built on HyperEVM, designed to introduce a no-liquidation stablecoin (hzUSD) and leveraged HYPE exposure (bullHYPE) backed by HYPE and its yield-bearing derivatives such as Kinetiq’s liquid staking token (kHYPE).
At its core, Hypezion establishes a capital-efficient and composable architecture that enables users to mint hzUSD or leveraged tokens without facing liquidation risk — a major evolution beyond traditional CDP-based stablecoins. By combining the unified margin architecture of Hyperliquid with the yield-bearing nature of kHYPE, Hypezion bridges stability, yield, and leverage across the HyperEVM ecosystem.
Key Components
• hzUSD — a no-liquidation stablecoin soft-pegged to USD
• bullHYPE — a leveraged HYPE exposure asset that amplifies returns without perpetual funding costs
• Stability Pool — absorbs system debt and distributes protocol rewards to depositors
• Hypezion Points — an early user reward system linked to protocol activity and integrations
Hypezion is being developed in close alignment with the Hyperliquid and Kinetiq ecosystems, positioning itself as the native stablecoin and leveraged ETF layer of HyperEVM.
The project is currently being audited by Beosin, with additional audits under consideration, and is targeting a mainnet launch in November 2025.
📘 Documentation
GitBook: https://docs.hypezion.com (in progress)
📄 1-Pager
https://drive.google.com/file/d/1FQOL54cWibgYq1kAJtkkrVZ12xnY9p6j/view?usp=sharing

