Lend
Earn on HYPE
Deposit into a vault and earn the fee on every loan it funds. If a loan isn't repaid, the vault keeps its collateral.
- Total deposits
- 0HYPE
- Vaults
- 0
- Your deposits
- 0HYPE
- Est. fee APR
- 0%
How a vault earns
Every loan pays its fee upfront, so the vault earns as soon as a loan is opened. Repaid loans return HYPE to lend again. Defaulted loans leave the vault holding the collateral, which the curator can sell or hold.
What can go wrong
Lenders can lose money. Borrowers may let a loan mature unpaid when the collateral is worth less than the loan, and lenders then hold that collateral, which may be hard to sell. Fees are set to cover this but are not guaranteed. Hock is unaudited software on a new chain, and vault deposits are capped while it is.