Hyperbeat Secures $5.2M to Build Yield Tools on Hyperliquid
Hyperbeat, the native yield layer for the Hyperliquid decentralized exchange (DEX), closed an oversubscribed $5.2 million seed round co-led by ether.fi Ventures and Electric Capital. Additional participants included Coinbase Ventures, Chapter One, Selini, Maelstrom, Anchorage Digital and community investors via the HyperCollective. The funding will expand Hyperbeat’s DeFi yield infrastructure, building permissionless tools for traders, protocols and institutions within the Hyperliquid ecosystem. Key products include beHYPE, a liquid staking token; Hyperbeat Earn, high-yield vaults on HyperEVM; Morphobeat, a credit layer enabling borrowing against vault positions; Hyperbeat Pay, an on-chain payments protocol; and Hyperfolio, a portfolio tracker. Hyperliquid’s total value locked (TVL) has surpassed $2.1 billion, underlining growing institutional interest. Avichal Garg of Electric Capital praised Hyperbeat’s technical execution and community alignment. This seed funding will accelerate development of yield vaults and liquidity solutions, reinforcing Hyperliquid’s position in DeFi markets.
Bullish
Hyperbeat’s $5.2M seed raise signals strong investor confidence and will speed up development of DeFi yield infrastructure on Hyperliquid. Similar early-stage funding rounds in other protocols have historically led to accelerated product launches and increased on-chain activity. In the short term, this infusion will attract traders with new staking, lending and vault products, boosting liquidity and token demand. Over the long term, the expanded toolkit—liquid staking, isolated lending, strategy vaults and payments—should deepen market liquidity, enhance capital efficiency and strengthen ecosystem resilience. This foundational buildout is likely to drive HYPE token utility and broader DeFi growth, reflecting a bullish outlook for protocol tokens and market stability.