Hyperliquid Sees Strong Uptake for Manual Borrowing Feature

Decentralized exchange protocol Hyperliquid made waves on September 18, 2026, with the launch of its manual borrowing feature. According to the platform, users took advantage of this new functionality and borrowed a significant $269 million on the first day.

This impressive initial uptake underscores growing interest in Hyperliquid's native borrowing features, which allow users to secure USDC or USDT loans using HYPE or BTC as collateral.

Market sentiment appears to be positive, with market pricing suggesting a high probability of Hyperliquid reaching $100 by the end of 2026. However, any security breaches or regulatory challenges could prompt shifts in market sentiment.