Where can I find a 44% APY looping opportunity with HYPE exposure? Enter the kHYPE PT loop on @felixprotocol Vanilla once again. Here is the step by step: Step 1: Mint kHYPE PTs at 14.19% fixed APY Step 2: Deposit kHYPE PTs as collateral on Felix Vanilla and borrow HYPE at 6.7% APY, with ~80% LTV (Max is 86% LTV) Step 3: Loop Gross yield: ~70.95% APY Borrow cost: ~26.8% APY Net APY: ≈44.15% on initial capital As looping increases, HYPE borrow rate will increase in a vacuum, but this is where more HYPE lenders come in to capitalize on rates and drive down that borrow cost, so more loopers can loop more on Felix gm @pendle_fi