Elevated risk — young lending protocol on a young chain with cross-collateral contagion risk, partially mitigated by Euler's battle-tested vault framework
Top Risks
1
HypurrFi is built exclusively on Hyperliquid EVM, a relatively young chain that has suffered multiple exploits including a $4M HLP vault drain in March 2025 and a $5M attack in November 2025. Chain-level risk directly impacts all HypurrFi deposits.
2
Pooled markets combine all supplied assets into a single unified collateral base, meaning a problem with any single supported asset (depeg, oracle failure) contaminates the entire pool rather than being isolated.
3
Oracle infrastructure relies on Hyperliquid validator feeds as the primary price source, with Redstone and Pyth as fallbacks. The primary oracle is only as decentralized as the Hyperliquid validator set, which is relatively small and concentrated.
Risk Breakdown
Frequently Asked Questions
Is HypurrFi Pooled safe to use?
HypurrFi Pooled receives a C risk grade (45/100) from Hindenrank, where lower scores indicate lower risk. Elevated risk — young lending protocol on a young chain with cross-collateral contagion risk, partially mitigated by Euler's battle-tested vault framework HypurrFi Pooled is a lending protocol on the Hyperliquid blockchain where users can deposit assets like HYPE, stHYPE, and USDC to earn interest or borrow against their holdings. Built on the Euler vault technology stack, it uses a pooled design where all supplied assets share a single collateral base for higher capital efficiency. With $38M in deposits, it is one of the largest lending protocols on Hyperliquid, but the young age of both the protocol and the underlying chain introduce elevated risk compared to established lending platforms.
What are the main risks of using HypurrFi Pooled?
The key risks identified for HypurrFi Pooled are: (1) Built exclusively on Hyperliquid, a chain that suffered multiple exploits in 2025 including a $4M vault drain and a $5M coordinated attack. Chain-level risk directly threatens all deposited funds. (2) The pooled collateral design means a problem with any single supported asset can affect all depositors, not just those holding the problematic asset. This is a feature trade-off for higher capital efficiency. (3) No governance token or decentralized governance — protocol parameters are controlled by the team's multisig, meaning users must trust the team to manage risk parameters appropriately.
What is HypurrFi Pooled's risk score breakdown?
HypurrFi Pooled scores 45/100 across eight risk dimensions: Mechanism Novelty: 5/15, Interaction Severity: 11/20, Oracle Surface: 5/10, Documentation Gaps: 4/10, Track Record: 6/15, Scale Exposure: 3/10, Regulatory Risk: 3/10, Vitality Risk: 8/10. The highest risk area is Vitality Risk at 8/10.
How does HypurrFi Pooled compare to other Lending protocols?
Among 90 rated Lending protocols on Hindenrank, HypurrFi Pooled ranks #79 by safety (lowest risk score = safest). Its 45/100 risk score and C grade place it among the riskier Lending protocols.
Has HypurrFi Pooled ever been hacked or exploited?
HypurrFi Pooled scores 6/15 on the Track Record risk dimension, indicating some history of security incidents or exploits. Higher scores reflect more severe or frequent incidents. Review the full risk report for details.