July 6, 2026·Bullish·onchain activity

Hyperliquid Becomes #3 Chain by USDC Supply, Monetizes Holdings

Hyperliquid became the third-largest blockchain by USDC supply, behind Ethereum and Solana. It generates yield on its USDC holdings through Coinbase's AQAv2 Reserve program.

Detected & updated continuously · Source: Ruma

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Hyperliquid (hype)

@coinbase

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@Kaffchad

ICYMI: Hyperliquid is currently the #3 chain by USDC supply, only behind Ethereum and Solana. But unlike the others, Hyperliquid is actually monetizing its USDC holdings through Coinbase’s AQAv2 Reserve Yield. Under AQAv2, Coinbase shares ~90% of the USDC reserve yield directly https://t.co/c1oSPshCjM