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Hyperdrive - About the company

Hyperdrive is a series A company based in Finland. It operates as an Operator of a decentralized stablecoin money market on Hyperliquid. Hyperdrive has raised $6M in funding from Hack VC and Arrington Capital. The company has 5 active competitors, including 3 that are funded. Its top competitors include companies like Saturn, Sublime and sredaloft.

Company Details

Operator of a decentralized stablecoin money market on Hyperliquid. It facilitates lending and borrowing of stablecoins against various assets. The platform offers liquid staking and strategies to maximize yield. Security audits are performed by blockchain security firms.
Key Metrics
Location
Stage
Series A
Total Funding
$6M in 1 round
Latest Funding Round
Investors
Ranked
Similar Companies
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Hyperdrive's funding and investors

Hyperdrive has raised a total funding of $6M over 1 round. Its latest funding round was a Series A round on May 24, 2025 for $*****. 11 investors participated in its latest round. Hyperdrive has 12 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Hyperdrive:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 24, 2025
5777955
Series A
9090042
5835612
5446587
6486813
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Hyperdrive's Competitors and alternates

Top competitors of Hyperdrive include Saturn, Sublime and sredaloft. Here is the list of Top 10 competitors of Hyperdrive, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Operator of a decentralized stablecoin money market on Hyperliquid
$6M
41/100
2nd
Logo for Saturn
Saturn
2022, New York (United States), Seed
Developer of a protocol for onchain yield backed by Bitcoin
$800K
26/100
3rd
Logo for Sublime
Sublime
2020, San Francisco (United States), Seed
Online platform for consumer loans
$2.5M
24/100
4th
Logo for sredaloft
sredaloft
2024, Russia, Unfunded
Operator of a decentralized protocol for cryptocurrency lending and borrowing
-
-
16/100
5th
Logo for Claw
Claw
Unfunded
Developer of identity based lending protocols for autonomous software agents
-
-
-
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Hyperdrive's Investments and acquisitions

Hyperdrive has made no investments or acquisitions yet.

Reports related to Hyperdrive

Here is the latest report on Hyperdrive's sector:

News related to Hyperdrive

Media has covered Hyperdrive for 1 event in last 1 year, It was about company updates.
•
Hyperdrive Secures $600M Series A FundingSina•May 24, 2025•Hyperdrive, Hack VC, Arrington Capital, Delphi and 3 others
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