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![papipnl Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::3439013548.png) papi.hl [@papipnl](/creator/twitter/papipnl) on x 4685 followers
Created: 2025-05-30 15:13:05 UTC

Does anyone know if there is a protocol that enables the $HYPE basis trade without creating taxable tx? Eg. using $HYPE as collateral. Not $wHYPE or any LSTs.

Hyperliquid.


XXXXX engagements

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**Related Topics**
[whype](/topic/whype)
[hyperliquid](/topic/hyperliquid)
[$whype](/topic/$whype)
[protocol](/topic/protocol)
[$hype](/topic/$hype)
[coins layer 1](/topic/coins-layer-1)

[Post Link](https://x.com/papipnl/status/1928469720484790309)