HYPE Hits All-Time High at $90.92 Following Manual Lending Launch

HYPE has surged to a new all-time high of $90.92 (approximately 125,561 KRW), following the launch of Hyperliquid's manual lending feature. The platform announced on X that users can now borrow USDC and USDT by using HYPE and Bitcoin (BTC) as collateral, with interest rates determined by market utilization. Hyperliquid's official documentation confirms HYPE and BTC as eligible collateral assets. CoinTelegraph reported both the launch of the manual lending feature and HYPE's all-time high in tandem.