On the need for more stables liquidity on HyperEVM Felix Vanilla is closing the week with the following stablecoin depth: >$21m USDe >$22.5m USDhl >$48m USDT0 However, even at this much liquidity, stable yields on Felix continue to dominate DeFi market rates in the double digits, without factoring in any points or other incentives--just base yield from borrower demand: >USDe: 15.16% APY >USDhl: 17.60% APY >USDT0: 17.08% APY How are these yields this high? Traders on Hyperliquid are seeking more leverage to trade against HYPE, UBTC, and kHYPE collateral, and, esp now, @kinetiq_xyz maxis are searching for liquidity to acquire more kHYPE at scale But how do these yields compare to stable yields on other chains? For additional context, on @vaultsfyi which displays some of the best stables yields across major chains, the closest yields at a comparable amount of liquidity are Gauntlet USDC Prime at 6.02% (4.94% without rewards) and Smokehouse USDC on Ethereum at 8.74% (7.66% without rewards) Felix Vanilla is built on the @MorphoLabs stack with the base protocol deployed by the Morpho team onto HyperEVM and the Felix risk team serving as the vault curator. If you are a stables holder on Ethereum, Base, Arbitrum, or elsewhere, come earn real yield on HyperEVM--DM if you need assistance bridging USDT, USDC, USDe, or other stables over Hyperliquid