In 2024, ~$400 Bn in US home loans were refinanced. DeFi mostly stops at “here’s your loan.” @HypurrFi’s bet is that scaling DeFi credit needs a system that treats debt like a position, not a one-time event. @androolloyd and @andyhyfi break down how they are servicing crypto debt. Chapters — 00:00: Intro 00:29: Backgrounds 02:29: The Hyperliquid Ecosystem 10:49: "Everyone Is Coming" Thesis 20:29: HypurrFi's Core Products & Vision 32:29: The Card & The Philosophy of Debt 46:29: Debt Servicing 58:29: Competition