Buidlpad DeFi integrates Midas' on-chain institutional yield strategy mHYPER

Foresight News reports that Buidlpad has announced a partnership with Midas and Hyperithm to integrate Midas's mHYPER strategy into its Buidlpad DeFi product. mHYPER is a market-neutral stablecoin strategy managed by Hyperithm, designed to provide flexible annual percentage yields (APY) based on current market conditions. Over the past three months, the historical APY increase has ranged from 5% to 13%.

Users can deposit USDC (Ethereum) or USDT (Plasma) in Buidlpad DeFi, which will be automatically converted into mHYPER tokens. There is no minimum deposit requirement and no lock-up period. The price of mHYPER is updated twice a week, allowing users to transparently track asset appreciation.