Debit Pay Mode
Spend your USD balance directly.
Funds are deducted from your available balance at checkout
No interest (standard network/partner fees may apply)
Best for everyday purchases when you have balance on hand
Credit Mode (borrow against assets)
Spend without selling by borrowing against your supported collateral.
Your assets stay in your Liquid Bank as collateral
Variable APR (shown live in-app)
Interest accrues continuously until you repay
Repay anytime; add collateral anytime by depositing into your account
Your active spending mode at settlement determines whether a transaction is debit or credit.
How interest works in Credit Mode (variable)
Rate: Variable APR. You’ll see the current rate in the app.
Accrual: Starts immediately after you borrow; no grace period or billing cycle.
Compounding: Interest compounds continuously on your outstanding borrow.
Example: Borrow $100 for a full year at 5.8% APR → you’d owe about $105.98 if you made no repayments. (Real amounts update every second in-app.)
Good to know
Repaying earlier reduces total interest paid
There are no “minimum payments”—you control timing and amounts
If your collateral value falls, maintain a buffer to avoid liquidation (see below)
Your limit, LTVs (Loan-to-value ratio), and health
Your borrowing power = Σ(asset value × LTV). Keep a safe buffer below 100% to avoid liquidation.
Supported collateral & LTVs
Core Assets
USD — 90% LTV
BTC — 52% LTV
ETH — 52% LTV
WHYPE — 55% LTV
beHYPE — 55% LTV
Platform Token
BEAT — 20% LTV
Hyperbeat Vault Tokens
hbUSDC — 80% LTV
hbUSDT — 80% LTV
hbBTC — 60% LTV
lstHYPE — 60% LTV
hbHYPE — 60% LTV
LTVs and eligibility can change; always check the app for live parameters.
Liquidation basics (stay safe)
If Debt / Collateral rises past the liquidation threshold, liquidators may repay part of your debt and take a portion of your collateral (with a small bonus).
To avoid liquidation:
Keep a healthy buffer (e.g., use ≤70–80% of your borrowing power)
Repay or add more funds into your account if markets move against you
Turn on health alerts in Settings
Your account remains open after any liquidation; remaining assets can still be used.