
Keiko Finance
A Hyperliquid CDP protocol that mints the KEI stablecoin against HYPE, PURR, wHLP, and HFUN at a 150% minimum collateral ratio.

What is Keiko Finance?
Keiko is a permissionless borrowing protocol on Hyperliquid where users deposit HYPE, PURR, wHLP, or HFUN as collateral and mint KEI, a USD-pegged stablecoin, at a 150% minimum collateral ratio. Interest starts at a 2.5% base rate and adjusts with each vault's collateral ratio, and redemptions use an Adjusted Redemption Score mechanism instead of strict first-come ordering.
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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

