什么是 Liminal?
Liminal is a DeFi protocol on Hyperliquid that lets users earn sustainable yield on stablecoins like USDC through automated delta-neutral strategies. By pairing spot longs with equal-sized perpetual shorts, it captures funding rate payments while staying market-neutral. The protocol automates everything—rebalancing, liquidation protection, and optimized entries—so users don’t need active management. This makes institutional-grade strategies accessible to both everyday DeFi users and professional trading desks, leveraging Hyperliquid’s high-performance infrastructure. Liminal also introduced xTokens ($xHYPE, $xBTC, $xETH, $xSOL), which represent tokenized delta-neutral positions. These assets not only generate yield but can also be used as collateral across EVM DeFi ecosystems, extending their utility beyond passive income.