# Borrow Against L1 Spot Positions This section lets you borrow assets against your Hyperliquid L1 assets such as HYPE, USDT0, uBTC, all from one simple interface. Instead of selling your position, you can deposit your tokens as collateral and borrow directly against them, giving you access to instant liquidity while keeping your core holdings intact. **From depositing to borrowing, its all done in just a few clicks.** {% hint style="info" %} When you deposit your L1 collateral, it is bridged to the EVM layer to be used for borrowing. Once you borrow, the stablecoins (borrowed assets) are bridged back from the EVM to L1, making them immediately usable on Hyperliquid Core. {% endhint %} [Watch the video here](https://x.com/hyperlendx/status/1929626448882463079) to see exactly how the borrowing interface works step-by-step. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.hyperlend.finance/advanced-features/borrow-against-l1-spot-positions.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.