David Alexander II
@megafund
Total stablecoin liquidity on Hyperliquid has just surpassed $3B for the first time and has now grown by 53% ($1.06B) since April. Virtually all of it is USDC. For perspective, Hyperliquid now ranks as the 5th largest chain by total USDC in circulation, rapidly closing the gap on Base ($3.7B). Over the same period, total open interest on the protocol has doubled, reaching nearly $6B. Hyperliquid 😈
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