Hyperbeat Hyperliquid-native yield infrastructure
4 employees on LinkedIn Β· 9 known investors
Hyperbeat offers a self-custodial smart wallet on HyperEVM that combines fiat-crypto conversion, high-yield accounts, a collateral-backed credit card, and leveraged trading of stocks, crypto, commodities, and indices. It targets retail users seeking a bank alternative, keeping assets in wallets they control with on-chain yield strategies and payment features.</parameter> <parameter name="sector_codes">["crypto", "fintech"]
Also known as Hyperbeat Protocol
Investors Β· 9
Also in the syndicate Β· 3
Company profile
researched Aug 2026Hyperbeat markets itself as a "liquid banking" alternative to traditional bank accounts, delivered through a single self-custodial smart wallet built on HyperEVM. From one account, users can convert between fiat and crypto, hold balances that earn on-chain yield, spend via a card backed by their portfolio as collateral, and trade leveraged markets. The company also references a business banking offering alongside its consumer product.
The product covers four advertised functions β save, spend, trade and ramp. Yield is described as institutional-grade, auto-compounding strategies with advertised rates of up to 8% APY and on-chain, auditable sources. Trading spans equities, crypto, commodities and indices, long or short, with up to 40x leverage and charting supplied by TradingView. The card lets users borrow against crypto, equities or gold rather than selling, with spending accepted anywhere Visa is accepted while collateral continues to earn. Additional features include native multi-chain deposits of BTC, ETH and SOL without centralized exchanges or wrapped assets, and a chat-and-pay layer for messaging, splitting bills and requesting payments.
Onboarding is designed to avoid paperwork: users sign up with an email, verify with a code, set up passkeys for biometric or device-passcode login, fund the account from a self-owned crypto wallet or a bank transfer, and then spend using the card. The company emphasizes that, unlike banks holding deposits on a balance sheet, users retain custody, with no freeze risk, withdrawal limits or bank-run exposure, and all transactions verifiable on-chain. Mobile applications are distributed through the App Store and Play Store.
Business model
Hyperbeat operates a consumer-facing (and separately advertised business) financial application in which users deposit assets into a self-custodial smart wallet and can earn yield, borrow against holdings to spend by card, trade leveraged markets, and move between fiat and crypto. Assets remain under user control rather than on the company's balance sheet.
Traction
The company states that thousands of users have signed up, and its applications are listed on the App Store and Play Store."}</parameter>
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βΈFull profile β market position, technology, go-to-market, geography
Market position
Hyperbeat is one of the applications built on HyperEVM, the permissionless EVM environment paired with Hyperliquid's HyperCore order book. Hyperliquid, launched on mainnet in 2023 by Jeff Yan and co-founder iliensinc, has captured a large majority of decentralized perpetual exchange market share and processes up to $30 billion in daily volume, and its revenue-sharing economics for spot deployers and UI builders have attracted third-party builders to the ecosystem.
Hyperbeat positions its combination of self-custody and bank-like functionality as its main distinction: users retain their keys while accessing yield, card spending, fiat ramps and trading from one account, with no custodian able to freeze balances and transactions verifiable on-chain. It also bundles features usually split across providers β up to 8% APY yield accounts, collateralized card spending without selling assets, up to 40x leveraged trading across equities, crypto, commodities and indices, native multi-chain deposits, and in-app chat-based payments.
Technology
The product is built as a smart wallet on HyperEVM, the general-purpose EVM layer of the Hyperliquid stack. Yield is generated by on-chain strategies described as transparent and auditable end to end, and leveraged trading is routed to an on-chain order book. Deposits can be made natively in BTC, ETH and SOL without centralized exchanges or wrapped representations. Authentication uses email verification plus passkeys (facial recognition, fingerprint or device passcode). Trading charts are provided by TradingView.
Go-to-market
Retail users seeking an alternative to a bank account β people who want to hold, earn on, spend and trade digital and tokenized assets from one self-custodial account β plus businesses via a separately advertised business banking product.
Geography
Not specified beyond card acceptance wherever Visa is accepted and app distribution via the App Store and Play Store.
Compiled by commissioned research from 5 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Timeline Β· 4
launches, deals, and filingsHyperbeat closed a $5.2 million oversubscribed seed round co-led by ether.fi Ventures and Electric Capital, with participation from Coinbase Ventures, Chapter One, Selini, Maelstrom, Anchorage Digital and community backers via the HyperCollective. Proceeds are earmarked for building yield infrastructure for traders, protocols and institutions in the Hyperliquid ecosystem.
$5.2M source β
Hyperbeat collaborates with Hypio on treasury operations and partners with platforms including Ethena Labs and Hyperunit.
Hyperbeat introduced 'Hearts', a points-based loyalty program tracking and rewarding user engagement in its ecosystem.
Hyperbeat announced MorphoBeat, a DeFi lending and earning offering developed as a collaboration with Hyperunit, Ethena Labs and USDT0.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
βΈResearch sources Β· 5
primary sources listed
- Hyperbeat Hyperliquid-native yield infrastructurehyperbeat.org Β· web
- Hyperbeat Secures $5.2M Backing From ether.Fi, Electric Capitalfinance.yahoo.com Β· web
5 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Hyperbeat Hyperliquid-native yield infrastructure do?
- Hyperbeat is a self-custodial "liquid banking" app on HyperEVM combining fiat ramps, yield accounts, a card and leveraged trading.
- Who are Hyperbeat Hyperliquid-native yield infrastructure's investors?
- Hyperbeat Hyperliquid-native yield infrastructure's investors include Breed, Chapter One, dlab, Electric Capital, Fourth Revolution Capital (4RC), Node Capital.