Hyperbeat Secures $5.2M Seed Funding to Expand Yield Infrastructure on Hyperliquid
Hyperbeat, a protocol enhancing yield infrastructure on the Hyperliquid decentralized exchange, has raised $5.2 million in an oversubscribed seed round. The funding was co-led by ether.fi Ventures and Electric Capital, with participation from Coinbase Ventures, Chapter One, Selini, and others. The capital will accelerate the development of yield-focused products for traders, protocols, and institutions within the Hyperliquid ecosystem.
The protocol democratizes access to sophisticated yield strategies by tokenizing Hyperliquid's funding rates into vaults. Its product suite includes beHYPE (liquid staking), Hyperbeat Earn (high-yield vaults), and Morphobeat (credit layer). With Hyperliquid's TVL surpassing $2.1 billion, the funding underscores growing institutional interest in decentralized finance infrastructure.