Hyperliquid Launches Manual Borrowing Service Using HYPE and BTC as Collateral

Decentralized trading platform Hyperliquid has launched 'Manual Borrows,' allowing users to borrow USDC and USDT against HYPE and BTC collateral. The service operates on the HyperCore infrastructure, which also powers the platform's portfolio margin feature. Borrowing limits are determined by LTV ratios, set at 65% for HYPE and 50% for BTC. Partial liquidations are triggered if the loan-to-value ratio exceeds the thresholds of 82.5% for HYPE or 75% for BTC.