hbUSDT, issued by Zoeion Ltd Corporation, is a tokenized DeFi yield vault token representing a depositor's claim on supplied Tether USD (USDT) plus accrued yield within an automated onchain strategy vault on the Hyperliquid ecosystem. [S1][S2]

Each hbUSDT token represents deposited Tether USD (USDT) deployed into HyperEVM and HyperCore strategies, with returns accruing into token price appreciation rather than rebasing. [S3][S2] Yield sources include lending and delta-neutral perpetual funding capture, where funding payments are paid by leverage traders on Hyperliquid. [S3] Yields are variable and not guaranteed, and capital is at risk. [S3] Holders bear a 0.5% fee on Instant withdrawals, while Classic withdrawals processed within 48 hours carry no fee. [S2]

The platform is provided and operated by Zoeion Ltd Corporation, which states it is not a financial institution, centralised exchange or trading platform, broker or fund management platform. [S1] The holder's claim is an ERC-20 vault token representing a deposited digital asset position plus accrued yield, not a fund interest or security. [S3][S2] Users must be of legal majority age, lawfully able to contract, outside Restricted Jurisdictions including Cuba, Iran, North Korea, Sudan, Syria and Ontario, not sanctioned, and must complete KYC providing their full legal name. [S1] The platform operates non-custodially, with no control or ownership over supplied digital assets. [S1]

hbUSDT is an ERC-20 vault token operating on HyperEVM, with strategies executing across HyperEVM and HyperCore. [S3][S2][S4] Depositing USDT mints the corresponding vault token; redemption settles by unwinding strategy positions, via Instant withdrawal or Classic withdrawal within 48 hours, with status checked through an offchain API endpoint. [S2] Backing is published through an Accountable-powered proof-of-solvency dashboard. [S5]

<Sources
  retrievedAt="2026-06-22"
  items={[
    { id: "S1", url: "https://hyperbeat.org/terms" },
    { id: "S2", url: "https://docs.hyperbeat.org/resources/legal?ask=redemption" },
    { id: "S3", url: "https://docs.hyperbeat.org/delta-neutral-tokens-dntokens.md" },
    { id: "S4", url: "https://docs.hyperbeat.org/resources/addresses.md" },
    { id: "S5", url: "https://docs.hyperbeat.org/resources/proof-of-solvency.md" },
  ]}
/>


Tokenized funds

Hyperbeat operates as Hyperliquid's native yield infrastructure, offering HYPE liquid staking (beHYPE) and automated DeFi vaults optimizing across HyperEVM and HyperCore, earning fees on staking and vault management.

Hyperbeat is a DeFi infrastructure suite built on the Hyperliquid ecosystem, offering liquid staking, yield vaults, and a credit layer for the HyperEVM network.

Hyperbeat was built by early Hyperliquid ecosystem developers and raised $5.2M in seed funding led by Ether.fi and Electric Capital.

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Infrastructure

Hyperbeat

Hyperbeat USDT (hbUSDT) is a tokenized fund share issued by Hyperbeat and managed by Hyperbeat Core.

The fund is open-ended and invests in crypto assets.

Retail investors, professional investors, accredited investors, qualified investors, qualified purchasers, and institutions can subscribe and redeem in USDT0 and instant subscription settlement, and holders have a right to redeem at net asset value with two-to-five-business-day settlement.

hbUSDT has been issued on HyperEVM as an ERC-20 token since May 2025.

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