What is HypaSwap?
HypaSwap (HYPA) is a DeFi platform based on the Ethereum blockchain. It is a decentralized liquidity protocol that allows lenders and borrowers to trade assets over a liquidity pool. The lenders earn interest on the locked asset as a result of lending their assets using the HypaSwap platform. The borrowers obtain the assets from the liquidity pool in return for collateral.
The HYPA token serves as the native token for the HypaSwap platform. HYPA can be purchased at the current market rate through cryptocurrency exchanges or earned on the platform. The HYPA cryptocurrency is largely used for activities like interest rates, charges, and staking incentives, among others.