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By Margaux Nijkerk, AI Boost|Edited by Stephen Alpher
Updated Aug 15, 2025, 1:08 p.m. Published Aug 15, 2025, 1:00 p.m.
- Hyperbeat, a protocol powering yield infrastructure on the Hyperliquid decentralized exchange, has closed a $5.2 million oversubscribed seed round co-led by ether.fi Ventures and Electric Capital.
- The raise will be used to build out their yield infrastructure for traders, protocols, and institutions that are tapped into the Hyperliquid ecosystem.
Hyperbeat, a protocol powering yield infrastructure on the Hyperliquid decentralized exchange, has closed a $5.2 million oversubscribed seed round co-led by ether.fi Ventures and Electric Capital.
The raise will be used to build out their yield infrastructure for traders, protocols, and institutions that are tapped into the Hyperliquid ecosystem.
STORY CONTINUES BELOW
The round also drew investments from Coinbase Ventures, Chapter One, Selini, Maelstrom, Anchorage Digital, and community backers via the HyperCollective.
Hyperbeat serves as the native yield layer for Hyperliquid, building permissionless financial infrastructure that allows anyone to earn, stake, and spend directly from their on-chain portfolio. It unlocks yield generated by Hyperliquid’s funding rates—previously accessible only to sophisticated market participants—and packages it into simple, tokenized vaults.
Core products in the Hyperbeat ecosystem include beHYPE, a liquid staking token, Hyperbeat Earn, high-yield vaults on HyperEVM, Morphobeat, a credit layer enabling borrowing against vault positions, and Hyperbeat Pay, a protocol alternative to traditional banking rails. Together with its portfolio tracker, Hyperfolio, Hyperbeat is designed to give traders, protocols, and institutions a fully integrated way to trade, earn, and spend on-chain
The news of the seed raise comes as Hyperliquid’s total value locked surpasses $2.1 billion, and as institutions are starting to develop greater interest in its ecosystem.
“Hyperbeat blends strong technical execution with an authentic understanding of the Hyperliquid community,” said Avichal Garg, a general partner at Electric Capital that co-lead the round, in a press release shared with CoinDesk. “Hyperliquid has fundamentally shifted trading on-chain, and Hyperbeat is building the rest of the financial stack—starting with liquid staking, isolated lending, strategy vaults, and portfolio tools.”
Read more: What’s Next for Hyperliquid’s HYPE Token? What Wall Street and Analysts Are Saying
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
Margaux is CoinDesk’s Tech & Protocols reporter, where she focuses mostly on the Ethereum and Solana ecosystems. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds BTC and ETH above CoinDesk’s disclosure threshold of $1,000.
“AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk’s AI Policy.
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