Felix CDP

Felix is a synthetic dollar protocol on Hyperliquid L1

## Overview Felix CDP is a collateralized debt position protocol built on Hyperliquid L1 that enables users to mint synthetic dollar stablecoins against cryptocurrency collateral. Operating within the Hyperliquid ecosystem, Felix provides a decentralized mechanism for generating liquidity without relying on centralized stablecoin issuers or traditional banking infrastructure. The protocol functions as a CDPsystem, meaning users lock digital assets as collateral and borrow synthetic dollars in return, creating exposure to dollar-stable value while maintaining positions in their original collate