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  • Welcome to Hyperdrive
  • About
  • Getting Started
    • Get Started
  • Deposits
    • Deposit Assets
    • Withdraw Assets
  • Borrowing
    • Borrow
    • Repay
    • Withdraw
    • Liquidations
    • Oracles
    • Interest Rates
  • For Developers
    • Contract Addresses
    • Security Audits
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  1. Deposits

Deposit Assets

PreviousGet StartedNextWithdraw Assets

Last updated 15 days ago

You can deposit assets in Hyperdrive markets to earn a portion of the borrowing interest.

  1. To deposit assets, choose between the different Hyperdrive lending markets.

  1. The Hyperdrive app will ask you for permission to access your assets balance. Input an amount you would like to approve for lending.

  1. Approve spending cap request in your wallet. Click Confirm.

  1. Click Lend

  1. Review the transaction in your wallet extension and click Confirm. Make sure the amounts are correct. Keep in mind that there will be a small computational fee to send the transaction.

  1. Congratulations! You’ve successfully deposited assets to earn a share of the market's lending yield. The amount you deposited will show in your dashboard.

Note: Different lending markets have different profile of assets accepted as collateral. Certain markets may offer higher yields due to the higher risk profile of assets used as collateral.