$HYPE Hits New All-Time High as Hyperliquid Introduces Manual Borrows

Hyperliquid has launched its manual borrows feature, allowing users to borrow quote assets such as USDC and USDT using HYPE and Bitcoin as collateral. This move comes after $HYPE price hit a new all-time high on Friday.

The manual borrows feature provides users with more flexibility in managing their cryptocurrency portfolios by enabling them to leverage their existing assets to access additional funds. With this feature, users can borrow USDC or USDT against their HYPE and Bitcoin holdings, providing liquidity for those looking to invest in other markets.