Atomic & SecureAtomic &Secure
Mint, stake and repay settle onchain, reducing timing risk while keeping every state change verifiable.
Trustless, yield-bearing Hyperliquid-native money.Trustless,
yield-bearing
Hyperliquid-native
money.
Borrow against bluechip assets at zero interest and earn yield on staked USDV.
Backed by
What makes USDV different
Native YieldNativeYield
Protocol yield routes back to USDV and sUSDV holders without emissions or off-chain reward accounting.
Capital UnlockedCapitalUnlocked
Mint productive dollars while keeping collateral exposure visible and manageable in the protocol.
Composable UtilityComposableUtility
USDV is built to move through HyperEVM markets, lending venues, trading routes and liquidity systems.
Open & AuditableOpen &Auditable
Collateral, supply, debt and yield accounting stay inspectable onchain so users can verify how USDV works.
Mint, Stake and Earn
Step 01
Mint USDV
Post HYPE, kHYPE, USDC or USDT as collateral and mint USDV at zero interest. Your assets remain on HyperEVM, visible in your position and available to manage at any time.
USDVStep 02
Stake to sUSDV
Convert USDV into sUSDV to receive protocol yield routed by Delpho's onchain funding engine. The exchange rate updates as yield accrues.
sUSDVStep 03
Earn across DeFi
Use sUSDV across lending, LPs, trading and loops while rewards keep accruing. Redeem when you want to return to USDV.
Mint USDV at 0% APR
Deposit supported HyperEVM collateral while your position remains visible and manageable.
Latest updates
Frequently asked questions
Delpho is Hyperliquid's balance-sheet layer. It lets you mint USDV against assets you already hold, at 0% borrow and without selling them, giving you access to dollar liquidity that can be allocated into yield-bearing strategies.