Euler to Be Integrated With Hyperwave

Hyperwave has officially launched on Euler, allowing users to borrow USDT against hwHLP and PT-hwHLP tokens from Pendle. This integration enables a variety of lending and leverage strategies. Participants can earn Wave Points: 1x for supplying hwHLP and 3x for supplying or borrowing USDT/USDC.

EUL Info

Euler operates as a non-custodial, permissionless lending protocol on Ethereum, allowing users to accrue interest on their cryptocurrency assets or mitigate potential market volatility, all without the necessity for a trusted intermediary.

The protocol introduces a set of unprecedented features in the DeFi sector, including permissionless lending markets, dynamic interest rates, safeguarded collateral, MEV-resistant liquidations, and stability pools with multi-collateral capabilities among other advancements.