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Hyperdrive

Hyperdrive

Project

AMM protocol for fixed and variable rates

baseethereumlineaFixed Interest Rate LendingDeFiLending
Website

About

Hyperdrive (formerly Ambit Finance) is a new AMM for fixed and variable yield positions underpinned by a novel pricing mechanism. It enables terms on-demand and removes the need for liquidity providers to roll over their capital allocations. Additionally, its mechanism design enables a more efficient, symmetrical yield market and is open source for others to build on.

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History

2025
May 23, 2025funding

Series A Round

$6.00M

$6.00M · YZi Labs, Delphi Digital, Arrington Capital

2023
Jul 18, 2023protocol upgrademajor

Hyperdrive Mainnet Launch

2022
Dec 1, 2022funding

Strategic Round

$4.50M

$4.50M

Team

Sphere CM
Sphere CM
Founder and CEO
W
weisseth
Team
weiss.eth
weiss.eth
Security Researcher

Funding

Series A
2025
$6.0M
YZi LabsYZi LabsDelphi DigitalDelphi DigitalArrington CapitalArrington CapitalHack VCHack VCCMS HoldingsCMS HoldingsAnthony GhosnAnthony Ghosn
Strategic
2022
$4.5M

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