

Dec 16, 2024

SOC Team
Hyperliquid chain attracted 1B USDC inflow since HYPE's TGE
Related addresses
Total tokens transferred

1.030B
USDC
The Hyperliquid chain has attracted a massive $1B net inflow of USDC since HYPE's TGE on November 29:
- Hyperliquid's Deposit Bridge 2: 0x2df1c51e09aecf9cacb7bc98cb1742757f163df7
Notably, the Deposit Bridge now holds $2.09B USDC—doubling in just 17 days.
Meanwhile, the price of HYPE has also surged 746% during this period.
Fig 1. The Hyperliquid chain has attracted a massive $1B net inflow of USDC since HYPE's TGE on November 29.
Fig 2. The current USDC holding of the Hyperliquid's Deposit Bridge 2.
Fig 3. The price of HYPE has grown by 746% since its launch.