Hyperlend , a friendly fork of the Aave lending protocol on Hyperliquid’s HyperEVM Layer 1 blockchain, launched its mainnet today and reached its staking caps within an hour. The protocol attracted $4.4 million of HYPE and roughly $2 million of stHYPE within its opening hour. Addressing the demand, the team said , “We know some of you expected deeper liquidity right away, but our focus is on ensuring a secure and sustainable lending environment. We're being deliberately conservative based on current on-chain liquidity data.” To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io