Hyperliquid introduces manual spot borrowing with HYPE and Bitcoin collateral

Hyperliquid has launched a manual spot borrowing feature, allowing users to borrow USDC and USDT against HYPE and Bitcoin collateral. The feature is integrated into the HyperCore trading infrastructure, enabling traders to unlock liquidity without closing existing positions. The loans remain collateralized, and users are subject to liquidation risks if the value of their collateral drops significantly.