HypurrFi, the native non-custodial lending protocol on HyperEVM, will gradually cease its brand operations, transferring its Euler-based Mewler lending infrastructure to Euler for continued maintenance. The protocol assures that all markets remain solvent and secure, with no security breaches affecting user deposits or positions. Clearstar Labs will continue as the risk curator for the Prime, Yield, and Earn vaults. The HypurrFi Pooled market will undergo a phased wind-down over several weeks to months, with new borrowing already paused and borrowing limits being reduced to encourage repayments. The USDXL interest rate has been increased to 30% to incentivize early debt repayment. A migration tool has been launched to assist users in transferring positions to Euler’s Prime and Yield markets. The Legacy and Pooled markets are set to be fully closed by July 15, 2026.