# sUSDp is live on HypurrFi

> Parallel x HypurrFi on HyperEVM: Incentives, utility, and how it works.

**Published by:** [Parallel](https://blog.parallel.best/)
**Published on:** 2026-03-03
**URL:** https://blog.parallel.best/susdp-is-live-on-hypurrfi

## Content

We’re excited to share that sUSDp is now live on HypurrFi. The sUSDp vault is deployed and connected to HypurrFi’s Yield Cluster, unlocking a clean path to deploy yield-bearing USDp on HyperEVM, and, if you choose, borrow against it and route liquidity into deeper markets. Curated with Clearstar. The strategy is curated by Clearstar, and price feeds for the setup are powered by RedStone. In parallel, no pun intended, the USDp/clearUSDC Balancer pool is live and incentivized via Merkl for the next month, designed to keep rewards predictable while TVL scales.What’s live todayYou can jump straight in using the links below:HypurrFi dApp: https://app.hypurr.fi/USDp/clearUSDC Balancer pool: https://balancer.fi/pools/hyperevm/v3/0xc5619cfcce9fae18eda1d1e923aa1fdea42d93b7Merkl incentives: capped and simpleIncentives for the USDp/clearUSDC Balancer pool are live for at least 1 month at 1,500 USDp per week. They use a capped reward rate mechanism: the displayed APR is designed to stay around 15% until the pool reaches roughly $800k in TVL. That means early liquidity isn’t fighting a constantly collapsing APR; rewards stay steadier while the pool grows. USDp/clearUSDC Balancer Pool: https://balancer.fi/pools/hyperevm/v3/0xc5619cfcce9fae18eda1d1e923aa1fdea42d93b7 On top of the Merkl incentives, depositing sUSDp on HypurrFi also earns HypurrFi Points at a 3x multiplier. So you’re not only earning yield; you’re also stacking points for participating in the ecosystem.A composable strategy to exploreIf you want to go beyond “deposit and chill,” one composable route on HyperEVM looks like this:Start with USDe and mint USDpStake USDp to receive sUSDpDeposit sUSDp into HypurrFi YieldBorrow a USD asset (USDC / USDT0 / USDH) against your sUSDp positionOptional: deposit the borrowed USD into HypurrFi PrimeChoose your route:Loop (swap back to USDp): swap the borrowed USD back to USDp → repeat the cycleLP (Balance): use the borrowed USD to LP in the USDp / evkUSDC Balancer pool Incentives:Balancer LPs: 1,500 USDp/week, capped reward rate targeting ~15% APRBorrowing incentives: 1,000 USDp/week for borrowing USD assets against sUSDp on HypurrFi Important: These routes use borrowing/leverage. Please understand the risks of liquidation, oracle, and smart contracts before participating.How to access the vaults right nowYou can access everything directly on the main HypurrFi app: https://app.hypurr.fi (recommended). If you ever need a fallback interface, the vaults are also available on the classic Euler UI at https://mewler.hypurr.fi/ On-chain referencessUSDp / HypurrFi integration contracts:evk vault (proxy): https://hyperevmscan.io/address/0xac207ffa0bfce194db18d1820902d48a2d948968#readProxyContractoracle: https://hyperevmscan.io/address/0x692aa5a8E27D7654324618Ee65d7cd4931c39DE9#code Ready to try it? Start on HypurrFi, and if you’re providing liquidity, check the Merkl opportunity page to see current reward details.About HypurrFiHypurrFi is a multi-product DeFi lending protocol on Hyperliquid that offers Euler markets, Earn Vaults, pooled markets, a hybrid-backed CDP synthetic dollar, and credit card access, all built for capital efficiency. X: https://x.com/HypurrFi Website: https://www.hypurr.fi/About ParallelParallel is a Capital-efficient, modular, over-collateralized & decentralized stablecoins protocol. Backed by yield-generating correlated assets. DApp I Discord I X I Docs

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