Centrifuge’s deSPXA now accepted as collateral on Hyperdrive
Hyperdrive added Centrifuge’s deSPXA to its collateral set for USDC borrowing on Base, opening that market to eligible non-U.S. users. The arrangement also includes 50,000 USDC in lender incentives distributed over six months.
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Users eligible on the Base lending market can now borrow USDC against tokenized S&P 500 exposure, so that change is visible to borrowers and lenders using Hyperdrive today. The update also matters to the wider tokenized-equities segment because deSPXA is now part of a collateral setup already active on Base.
Before this update, deSPXA was not listed here as collateral for USDC loans on Hyperdrive; now it is. What stays the same is that the market remains tied to Base and limited to eligible non-U.S. users, with the six-month lender incentive program still attached.
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