What is Felix?

Felix is an authorized fork of the well-established Liquity protocol, specifically adapted for the Hyperliquid L1 ecosystem. This synthetic dollar protocol enables users to engage in collateralized lending operations while maintaining the stability of its native stablecoin, feUSD, which is pegged to the US Dollar. At its core, Felix combines the proven mechanics of Liquity with innovative features designed for the Hyperliquid ecosystem. Users can deposit collateral, borrow feUSD, and earn yields through specialized vaults, fostering a comprehensive DeFi ecosystem focused on capital efficiency and stability.

Hyperliquid Layer 1 Swap&Bridge Testnet