DELV

🎉 We’ve had a big year. And since 2024 is almost over, now is the perfect time to celebrate DELV’s major wins and the many ways we’ve grown over the past 12 months. Here are some highlights from the DELV team👇 🌟 In July, we launched @hyperdrive_box, our groundbreaking AMM platform that lets users access fixed rates, multiplied exposure to variable rates, and terms on demand. ⚡ Now it’s amplified⚡— Hyperdrive has deployed across four major chains and is supported on @gnosischain, @LineaBuild, @base, and @ethereum. Plus, we’ve integrated dozens of yield sources, providing incredible new opportunities to trade and earn. Want to see the latest updates? Get started on Hyperdrive here: http://hyperdrive.box http://hyperdrive.box/ 🎆 In October, we launched DELV Fixed Borrow, an innovative new product that lets borrowers access fixed rates, bringing stability and predictability to an otherwise volatile DeFi borrowing market. Borrow better, borrow fixed. Check it out here: https://lnkd.in/eBM-P8tr https://lnkd.in/eBM-P8tr And just this month, the @HyperVueFDN announced their Hyperdrive Miles, the new native rewards program for the Hyperdrive Protocol. That means LPs can now earn rewards on top of their APY. Learn all about it here: https://lnkd.in/gqc8Yv3j We also rolled through the leading DeFi events this year, with sponsorships and appearances at @ETHGlobal, @DefiToronto, @Permissionless, and @EFDevcon. 👨👩👧👦 But a team is only as good as its talent. This year, we’ve added new team members to expand our (pretty deep) bench of expertise and supercharge our capabilities for the coming year. 🎉 The whole team gathered at an amazing offsite in Lake Norman, NC, complete with brainstorming, water sports, and karaoke–the three main ingredients for building smart new solutions. 🎁 All of us at DELV wish you and yours a wonderful holiday season and a joyous New Year. We’ll have more exciting news and developments to share with you in 2025—stay tuned!

1/ 📣 A huge ecosystem update: the @HyperVueFDN has introduced a new native rewards program for the Hyperdrive Protocol—Miles! Here’s what they’re saying: 2/ With Miles, LPs can now earn additional rewards from the HyperVue Foundation on top of their regular APY. 3/ Miles are distributed weekly based on liquidity provision to certain pools, with a cap of 1M Miles per week. Learn more about it in the HyperVue Foundation’s announcement here: https://lnkd.in/gqc8Yv3j 4/ And we’ve added new UI features to make it easy and quick to track your potential rewards. 5/ Hover over the ⚡️ Rewards tooltip to see what you can earn. 6/ 🚗 Ready to increase your mileage? View your Miles and rewards today, and start earning: http://hyperdrive.box/ And remember to follow @hyperdrive_box to learn about the latest updates.

🎄𝐂𝐡𝐫𝐢𝐬𝐭𝐦𝐚𝐬 𝐢𝐬 𝐂𝐨𝐦𝐢𝐧𝐠 𝐄𝐚𝐫𝐥𝐲 𝐰𝐢𝐭𝐡 𝐇𝐲𝐩𝐞𝐫𝐝𝐫𝐢𝐯𝐞! 🎄 We’re excited to announce that Hyperdrive has added @EthenaLabs’ sUSDe as a new yield source! 🎉 Here’s what you get: - Fixed APR of 26.67% - Multiplied exposure to variable rates - Terms on demand 𝐖𝐡𝐚𝐭 𝐢𝐬 𝐬𝐔𝐒𝐃𝐞? sUSDe is a reward-bearing token. By staking USDe, users receive sUSDe, which grants access to Ethena’s protocol-generated yield. And now, by depositing sUSDe on Hyperdrive, you can earn 5X Ethena rewards—amazing rates plus points on top! Why wait for Santa 🎅? Give yourself a gift this year. Start earning with sUSDe on Hyperdrive today: http://hyperdrive.box/ #DeFi #FixedRates #Hyperdrive #Ethena #CryptoRewards #Yield

As of today, the DeFi Fixed Income market is just 0.005% of the Global Fixed Income Asset Management Market. In a world that’s moving more and more onchain each day, global fixed income markets are primed for disruption, so we built Hyperdrive. Hyperdrive enables the creation of fixed rate markets built on top of any source of yield - whether that's yield from Real World Assets (RWAs), Consensus (PoS), Storage, or Compute - these markets will thrive onchain. I'll be posting more frequently about how financial systems moving onchain will work, but in the meantime, reach out to me if you're interested in how we're approaching this transformation at DELV.

1/ Trading fees, points, yield–who says you can’t have it all? 💫 By providing single-sided liquidity, Hyperdrive LPs can get all of this in one place without risking impermanent loss. Read on to learn how. 👇 2/ How does it work? LPs provide single asset liquidity (the market’s base asset only), which earns the underlying yield market’s variable rate. When users open Longs, LPs get additional variable interest but pay for the Long’s fixed rate. When users open Shorts, LPs earn the fixed rate in exchange for some of their variable earnings. 3/ Hyperdrive liquidity and trading fees Hyperdrive creates fixed/variable yield markets on top of existing yield sources. Funds provided by LPs are the main ingredient in this yield mix, used to facilitate user trades, so they earn fees on every trade. 4/ Season with yield 🧂 LP funds in Hyperdrive are deposited in the underlying yield market, so LPs earn yield from all their unutilized capital, plus the capital from user Long positions, minus the funds backing Short positions. 5/ Garnish with points 🌿 Nobody wants to miss out on points. On Hyperdrive, LPs don’t have to! LPs earn points in the underlying yield markets from their own capital, plus funds from traders’ Long positions (as LPs take the other side of those trades). 6/ Take your pick ✅ Hyperdrive integrates with a plethora of different yield sources across multiple chains, with new ones being added on a regular basis. If you don’t see your preferred yield source, feel free to join our Discord and let us know! https://lnkd.in/dBsmp6bb 7/ Read our docs for a deeper dive at how LP positions work in Hyperdrive: https://lnkd.in/dA54BJHX 8/ Try it out and start earning today! https://lnkd.in/gi9Q3wmY

🛞We’re spinning up an exciting new yield source: Hyperdrive has just added Savings GYD (sGYD) from Gyroscope. That means users can lock in a fixed rate, gain exposure to variable rates, and enjoy terms on demand. Plus, sGYD holders have the opportunity to gain 2X SPIN rewards. Interested in taking a spin? Get started at Hyperdrive today: http://hyperdrive.box. #DeFi #Crypto #Hyperdrive #Gyroscope #GYD #sGYD

1/ 💬 Our very own Head of Protocol @jalex_towle delivered excellent insights about “The Fixed Rate Flywheel” at this year’s Devcon. 2/ The discussion focused on why fixed-rate protocols have emerged as important elements in the DeFi space, and how they can serve as a bridge between TradFi stability ⚖️ and DeFi innovation💡. 3/ Along with experts from @MorphoLabs, @phoenixlabsdev, and @gauntlet_xyz, the panel explored how fixed rate markets can fuel variable lending, create hedging opportunities, and generate high-yield products. 4/ Want to learn more about the fixed rate flywheel? Watch the full discussion here: https://lnkd.in/evS8QGGf

1/ We’re fixing the future at Devcon! Our CEO @CharlieStLouis will be giving a talk about onboarding the fixed income market to @ethereum on Nov. 14th at 5:40 PM ICT/GMT+7. 2/ We’ll explore strategies for bringing fixed income markets onchain by collaborating with regulators, adopting progressive compliance, and streamlining UI/UX. 3/ We’ll also discuss challenges in chain navigation, liquidity fragmentation, and fiat-to-crypto onboarding. 4/ If you’re at Devcon, be sure to check out this can’t-miss session. Full details here: https://lnkd.in/eBvZfHQb 5/ And if you can’t make it, you can watch the talk live here: https://lnkd.in/exfs_EKj https://lnkd.in/exfs_EKj 

gm Devcon! Here are a few spots you can find us this week thanks to some fantastic event hosts: 🗓️November 11: 🔹 Happy Hour (ether.fi x Certora) https://lnkd.in/eGxfTgB4 🗓️November 12: 🔹 DevCon main events (Ethereum Foundation) 🔹 Bangkok Meetup (Coinbase) https://lnkd.in/es2istGm 🔹 Based Hour (SynFutures) https://lu.ma/based-hour 🗓️November 13: 🔹 Builder's Club Cafe (Gnosis Request Finance) https://lu.ma/1d0ccgkg 🔹 Happy Hour (Cantina EULER) https://lnkd.in/e8Us_Fhc 🔹 DeFi Renaissance Day (AAVE Uniswap Labs Chainlink Labs MakerDAO) https://lnkd.in/edPMwnzr ➡️ ++ Catch a DevCon talk with our very own Alex Towle ("Fixed Rate Flywheel") with @MerlinEgalite @alpeh_v and @lucasmanuel_eth 🗓️November 14: 🔹Home Base (Coinbase) https://lu.ma/mro4whfr ➡️ ++ Catch a DevCon talk with our very own Charles St.Louis ("Unlocking The Future: Onboarding Fixed Income Markets to Ethereum") 🗓️November 15: 🔹 DeFi'ing Bangkok (Gnosis x Renzo) https://lu.ma/37z3jc38 Where else should wgo? 🔹 One Night at DevCon Drinks (DELV @capsule @sprinter_ux) https://lu.ma/eas5xrwh 💬 We love connecting in person so don't hesitate to DM any of us for chats over some Thai street food (on us!) – 1:1 chats with our team: Charles St.Louis Alex Towle Alim Khamisa Dylan P. Sheng Lundquist Cash DeLeon

✈️We’re excited to announce a new integration between Hyperdrive and Aerodrome that brings AERO rewards into the mix. Liquidity providers who deposit AERO/USDC and participate in Aerodrome pools via Hyperdrive can now receive AERO tokens on top of their returns. It’s a perfect blend of fixed rates, yield opportunities, and flexibility. If you’re ready to take flight, visit Hyperdrive today: http://hyperdrive.box #DeFi #Crypto #Hyperdrive #Aerodrome #AERO #USDC