According to MLM, Hyperliquid team is testing a new feature called BLP (likely BorrowLendingProtocol) on the Hypercore testnet. The native borrowing and lending market currently supports USDC and PURR, with functions such as borrowing and supplying. MLM speculates it may serve as the underlying lending layer for Hyperliquid’s Multi-Margin mechanism, though details remain under testing. https://t.co/qzSPKpgWXJ ...

Hydration's all-in-one DeFi stack brings together swaps, native stablecoin $HOLLAR and borrowing and lending in one place. Ecosystem lead Ben McMahon explains how it works:https://t.co/5K8GqmNNOR(Sponsored post by @hydration_net) https://t.co/IFgT76UNYX ...

RT benmo.eth (@Super4DeFi)【从借贷和杠杆交易的角度来看usde脱锚事件】首先声明，我不懂合约，只懂借贷。这篇小文是因为看到朋友在朋友圈写的一个因果链，写得非常棒，有感响应而写。错漏之处，望诸君匡正。usde在9月上线binance，9月22日-10月22日开启apy12%的营销活动，参与这个活动有三种方式：1. vip loan，可以循环贷做到3.5倍；2.存贷易，可以循环贷做到3.5倍；3.杠杆交易，大户可以做到5倍杠杆。先说这次脱锚事件，三个产品最后影响的结论：1. vip loan用户，无宅区。资金端不受影响。不过在11号早上，由于binance接管了抵押资产，所以这部分计价为0，但负债显示，所以当时app显示的资产=负债-现货，大部分是负数。从群友反馈，这时有人惊慌失措，赶紧各种平仓造成了部分损失。2.存贷易，小灾区。在binance没有补偿之前，本金亏损10%之内，根据不同循环贷倍数而不同，亏损=usde清算负溢价+强平费用。注意：存贷易的清算不是加剧usde下探的骆驼，而是在usde回弹后，在发生在0.92-0.97之间（可以直接推算。交叉验证证据：若你的存贷易有eth、 ...

Migration & Technology - Extended is migrating from StarkEx to Starknet to build a more composable, trustless, and capital-efficient financial system [1] - The migration to Starknet will enable the introduction of a natively integrated lending and borrowing layer [3] - Extended is building an EVM-compatible network on top of Starknet, embedding unified margin logic directly into the base layer [6] Product & Features - Unified margin is at the core of Extended's vision, requiring a settlement layer capable of supporting multi-asset collateral, native borrowing and lending, and shared state across applications [1][2] - Users will be able to post any supported asset, including yield-bearing ones, as collateral and earn yield while trading [3] - Spot markets will be introduced, enabling unified margin to span perps, lending, and spot within a single cross-asset collateral engine [4] - The system aims to maximize available capital and reduce fragmentation by allowing users to manage one account with all assets contributing to a unified margin pool [4] User Experience & Vision - The transition to Starknet will be seamless from a user perspective, with Starknet serving as the settlement layer [5] - EVM users will be able to deposit and withdraw instantly across six major chains without directly interacting with Starknet [5] - The long-term vision includes a composable, trustless margin system designed for scale, with shared liquidity across apps, global access to margin, and unified risk management [6][7]