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HypurrFi Patch Notes Vol. 10

09.12.25

Season MEW is here, Cat-italists! Here’s an in-depth look at this week's changes!

We’re bringing the heat this week with a new points season, clearer rewards, plus a fresh pooled asset. We’ve scaled to 100M points/week (with Season 1 totals x100 to carry your progress), moving to Fuul as a points service provider for cleaner distribution/audits, Ranks & Badges, and a Hot Streak boost up to +10% based on recent activity. 

On the markets side, we’ve added a new pooled market so you’ve got another lane to deploy and loop!

Here’s everything that changed from 9/6/2025 - 9/12/2025.

At a Glance:

Pooled Markets:

  • New Market Added: $beHYPE

Isolated Markets:

  • No Changes

Points:

  • Season MEW (S2) has been released, details below.

Full Pooled Market Updates:

Markets Added:

  • $beHYPE - Supply Cap - 500k // LTV - 55% // LLTV - 75% Liquidation Penalty - 8%

What is this asset?

  • $beHYPE is HyperBeat’s (LST) for HYPE on Hyperliquid: you stake $HYPE and receive $beHYPE so you keep earning staking rewards while still using the token across DeFi. It’s built with Ether.fi and ties into HIP-3/validator governance on Hyperliquid.

Modifier Changes:

  • No modifier changes this week!

Full Isolated Market Updates:

Modifier changes:

  • No Modifier changes this week!

Market changes:

  • No market changes this week!


Keep an eye on our “Where to Earn” page for live changes and be early to new markets & modifiers!

Season MEW (Points Revamp):

sMEW distributes 100 million points each week across qualifying participants on HypurrFi. This massive increase means more room for everyone. It’s a way to allocate smaller amounts to smaller users without hitting a cutoff, continue to reward large scale users effe, while still keeping a linear system to help prevent sybil attacks.

The new features of sMEW:

Emissions: 

  • Season Mew emits 100M points/week, with all Season 1 totals scaled x100.

Provider (Fuul): 

  • Points are now powered by @Fuul for clearer tracking, faster fixes, and auditable totals.

Card Points: 

  • Card activity earns from a 5,000,000 points/week pool, rolled into the same weekly tally as supply/borrow.

Ranks: 

  • A tiered rank system reflects cumulative participation and highlights your standing on the leaderboard.

Hot Streak Boosts: 

  • Consistent weekly activity triggers a temporary boost (up to +10%) that multiplies points while your streak is active.

View the full information here:

Final Meow-sings:

Season Mew is live and purring—100M points/week, S1 totals x100 carried forward, now powered by Fuul with card points (5M/week) rolling into the same stream plus Ranks, Badges, and Hot Streak boosts (up to +10%) for consistent claws-on activity. Keep an eye on Where to Earn, watch your LTV/LLTV, and pounce early.

As always, hop into the Telegram if you need a helping paw. Happy lending and we’ll see you next patch! 

Visit hypurr.fi to start earning or borrowing (or spending)

Follow @HypurrFi for real-time updates

Join our community to share feedback and shape our roadmap

Let's make the catflow purrrr!