5.047b in total TVL on HyperCore itself.


Consider it to be all USDC in due time.
Consider current T-Bill rate around 3.6%.
That's a total of $140m in revenue per year.
'Under AQAv2, stablecoin deployers share approximately 90% of cost-adjusted reserve yield revenue on their Hyperliquid supply with the protocol.'
So around $120-125 million in additional hyperliquid:native buy pressure.
Current revenues are around $620m annualised so we have an additional 20% in annualised revenue for HYPE with this new USDC deal.
Good for hyperliquid:native + good for users with reduced fragmentation.
IN0.58%
ON-10.31%
BE2.62%
ALL0.91%
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