The post HyperEVM-based HyperLend commits 30% to incentives in HPL token announcement appeared on BitcoinEthereumNews.com.

HyperLend, a lending protocol built on Hyperliquid’s HyperEVM blockchain, has announced tokenomics for its native HPL token, allocating nearly a third of its supply to ecosystem growth and incentives. The protocol, which positions itself as core banking infrastructure for the Hyperliquid ecosystem, raised $1.7 million from investors including RockawayX, Nucleus, Vistula Capital, Dewhales Capital, No Limit Holdings, Duplicate Capital, Dumpster, and YAM. The platform also has strategic partners, which include Aave, Chainlink, Circle, Ethena, Wintermute, Pyth Network, RedStone, and Resolv, among others. How’s HyperLend allocating its tokens? According to HPL’s tokenomics, 30.14% of the total supply has been earmarked for ecosystem growth and incentives, and it is the largest single allocation. Genesis participants will receive 25%, while core contributors have been allocated 22.5%. Strategic investors will receive 17.36%, with the remaining 5% dedicated to liquidity provision. According to the HyperLend team, the vesting structure has been designed to ensure long-term alignment among stakeholders. The platform stated that its strategic investors will receive 10% of their allocation at the token generation event (TGE), followed by a four-month cliff period and a two-year linear unlock.  Core contributors have a one-year cliff and a two-year linear unlock schedule. Builder-code exchanges and HIP-3 exchanges operating within the Hyperliquid ecosystem will be able to integrate HyperLend to add native credit rails and collateral efficiency without rebuilding a credit layer from scratch. When are staking and rebates kicking off? Staking and locking features will launch shortly after the TGE, though HyperLend stated at least twice in its announcement that the token is not yet live and any circulating tokens or claim links are illegitimate.  The protocol has urged users to only trust announcements and links published through official HyperLend channels. According to HyperLend, “Rebates will be funded from the reserve factor and distributed based on stake…

---

Filed under: News - @ January 20, 2026 12:30 pm