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PT-kHYPE-September 2026 collateral is now live on Felix Vanilla As with the March 2026 kHYPE PTs, a linear discount oracle is used to price kHYPE PT collateral on Felix, where PT-kHYPE is priced at a discount to kHYPE and approaches 1:1 with kHYPE as it reaches maturity on the expiration date. This linear discount approach allows borrowers to loop more reliably without concerns of short-term depegs. kHYPE PTs provide a fixed yield source for looping as well as collateral use for traders. Available here: usefelix.xyz/vanilla-borrow

2:56 PM · Jun 9, 2026 · 5K Views

7 Reposts 1 Quotes 33 Likes 6 Bookmarks

4 replies collected

Felix @felixprotocol · Jun 9 22K

x.com/felixprotocol/status/206…

Leviofweb3 @levi_of_web3 · Jun 9

@felixprotocol The linear discount oracle is a smart design choice. It reduces depeg risk assumptions and makes PT-based looping much easier to model.

airbrn @felixsprotocol · Jun 10

@felixprotocol The Felix Rewards Date is yours to decide Active voters automatically receive a 1.25x APR multiplier on top of their existing positions. Go vote: tinyurl.com/5ab7jjwf

airbrn @felixsprotocol · Jun 10

@felixprotocol The Felix Rewards Date is up to you to decide! Active voters automatically receive a 1.25x APR multiplier on top of their existing positions. Go vote: tinyurl.com/5ab7jjwf